You are here

Savings Accounts

Savings Accounts

Click here for Account Rates.

All members have a savings account at the credit union. These savings accounts are also called "shares," because they represent your ownership of the credit union.

$15 is all it takes to open your savings account - or $7, for youth under age 18. $5 stays in your savings account, and $10 goes to a one-time membership charge ($2 for youth members). Unlike a deposit at a bank, your $5 "share" in the savings account makes you an owner, not a customer.

Interest paid on accounts is referred to as dividends. An average monthly balance of $50 or more in your regular share account earns dividends which are posted quarterly.

The Super Share is an Insured Money Market Account that offers higher dividend rates and is Federally Insured. The minimum balance required to open this account is $2500. You must maintain a minimum average daily balance of $2500 in your account to earn dividends. We also offer a Super Share Checking Account

Additional Types of Saving Accounts

  • Childrens' Savings Accounts*
  • Second Share Accounts* provide flexibility for:
    • Holiday Accounts*
    • Vacation Savings*
    • Save for College Fund*
    • Earmarked Savings* (big purchase, gifts, taxes)
  • Omega Share Accounts pay no dividends and are often used to secure loans

* These accounts earn dividends at the same rate as Regular Share Accounts and have the same deposit and withdrawal privileges.
Click here for Account Rates.


Certificates are savings accounts that have a specified term, or period of time. Certificates are the ideal investment when you want guaranteed rates and peace of mind. You’ll get higher yields than an ordinary savings account—and your funds are guaranteed to grow.

High rates. Choice of terms. Guaranteed returns. Safety.
What more can you ask?

Click here for Account Rates.

Dividends are compounded and credited monthly and at maturity. A penalty may be imposed for early withdrawal.

Special Certificates for Supporters and Nonmembers

Serving under-resourced urban neighborhoods often leaves the credit union with a need for more deposits than members can provide. We offer special certificates for investors who wish to support our efforts. The return on these certificates ranges from to full market rates to 0.00 APY for our Omega Supporter Certificate. A lower rate helps us afford the extra expenses of fully serving underserved members and neighborhoods.

Accounts are Federally insured by the National Credit Union Administration (NCUA)a government agency to at least $250,000 per account and backed by the full faith and credit of the United States Government.

Click here for Account Terms.
Click here for Account Rates.

Cooperative Federal accounts are federally insured by NCUA Cooperative Federal is an Equal Housing Lender
Cooperative Federal is an equal housing lender
Cooperative Federal accounts are federally insured by NCUA