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Savings

Flexible Savings accounts
for a bright financial future.

Find the right savings account for you.

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Setting up your first savings account

  • Gain membership to Consumers Credit Union
  • Low minimum balance – just $5 to maintain membership
  • Competitive dividend rates
  • Online banking options

 

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Planning for retirement

  • Available for Traditional, Roth, and Educational IRA funds
  • Earn higher yields
  • Possible tax deductions available
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Plan ahead for a big spend

  • Save with a long-term plan for your kid's education
  • Save for short-term holiday expenses
  • Save effortlessly with direct deposit or automatic transfers 

Download our mobile app for secure, on-the-go banking.

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Personal Savings with Benefits
At Consumers Credit Union, we have a variety of savings options for every stage of your financial life.
Explore savings options and compare key benefits:

Membership Savings Account

Become a member of the Consumers Credit Union family.

  • Low minimum balance – just $5 to maintain membership
  • Competitive dividend rates
  • Online banking options

Holiday Club Savings Account

Plan ahead so spending doesn't ruin your new year.

  • Minimum $5 to open account each year
  • Arrange direct deposit or automatic transfers
  • Funds transfer to Membership Share Savings Account on November 1*
  • Automatically renews each year

*If funds are withdrawn by request prior to November 1, the account will be closed.

Money Market Account

Earn a high-yield with the flexibility and security you need.

  • Enjoy a high yield
  • Tiered Money Market account keeps money accessible
  • Dividends are compounded and credited monthly

Tax-Advantaged Accounts

Coverdell Education Savings Account

Save for your kids' education. Available as money market accounts, certificates, or an IRA Savings account.

IRA Savings

Create a solid plan for retirement. Available for Traditional, Roth, and Educational IRAs.

IRA Money Market Account

Earn higher yields while keeping funds accessible. Available for Traditional, Roth, and Educational IRA funds.

Frequently Asked Questions

CCU Savings Account FAQs

At Consumers Credit Union, we offer flexible savings accounts to help you earn valuable dividend. No matter your savings goals, you can grow your savings steadily for a bright financial future

Yes! We also want to reassure you that your money is safe and is federally insured by the National Credit Union Administration (NCUA), which is equivalent to the FDIC for banks.

  • You must be 18 years or older.
  • You must be a Consumers Credit Union member with a minimum $5 balance in your personal savings account.
  • You must be enrolled in a high deductible health plan (HDHP) and not covered by another general coverage medical plan or Medicare.
  • Individual coverage
    • Minimum annual deductible of $1,650
    • Annual out of pocket expenses (deductibles, co-payments, but not premiums) cannot exceed $8,300
  • Family coverage
    • Minimum annual deductible of $3,300
    • Annual out-of-pocket expenses (deductibles, co-payments, but not premiums) cannot exceed $16,600
  • These limits are in accordance with the IRS guidelines for minimum deductible and maximum out of pocket expenses.









Related Products
More savings options to explore

Health Savings Account (HSA)

This account provides competitive monthly dividends along with no account fees. To contribute you must be enrolled in an eligible High-Deductible Health Plan.

Smart Saver

Deposit a minimum of $50 or up to $1,000 each month to earn a higher dividend when paired with a CCU Checking Account.

Blogs & Related Information
Expert tips for maximizing your savings.
link to blog post 7 Tips to Model Healthy Money Management

7 Tips to Model Healthy Money Management

As adults, how we handle finances sends a powerful message to children. Here are seven ideas to help shape kids' attitudes about finances. 

link to blog post What is the True Cost of Convenience?

What is the True Cost of Convenience?

Many people enjoy the ease and convenience of home grocery delivery and meal delivery services. But what's the full cost? 

link to blog post Emergencies Happen – Here’s How to Prepare

Emergencies Happen – Here’s How to Prepare

When an unexpected expense occurs, it’s important to be financially prepared. With these 5 steps you can start building an emergency fund.

Bank anytime, anywhere.

Download the CCU mobile app for fast, secure access to your accounts, easy transfers, mobile check deposits and more.

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