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Basic Savings Account

By depositing and maintaining a basic savings account balance of $5, you are eligible for all of the benefits of credit union membership – including competitive rates and superior service.

Basic savings accounts pay a nominal interest rate, but offers the most flexibility and has a low minimum balance requirement. They are one of the most “liquid” options, meaning you can withdraw your money at any time without limit or waiting.

Other features include:

  • Can be used in conjunction with free checking account overdraft protection.
  • Direct deposit or payroll deduction to the savings or checking account is available.
  • Surcharge-FREE ATM access at more than 28,000 CO-OP ATMs
    FREE Virtual Branch Online Banking.

Call or visit any branch to open your Basic Savings Account today!

if Average Daily Balance for the month is:But Less Than:The Interest Rate Paid on the entire balance in your account will be:With an Annual Percentage Yield of:
$10,000and greater0.10%0.10%

Pledge your savings or certificate of deposit as security with the following rates and terms!

  • The rate on your loan will adjust to stay at 3% over the savings rate.
  • Loan terms may not exceed the CD maturity date but can be amortized for a longer term with a final balloon payment at maturity.

Check out our Current Savings and Investment Rates page for information on Alliance Certificates of Deposit, Daily Investment Funds Money Market Accounts, Holiday / Vacation Savings Club, and IRA CDs.

Apply at a Branch Near You


Federally-Insured by the NCUA. Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government by the National Credit Union Administration, a U. S. Government Agency. Individual Retirement Accounts (IRAs) are insured separately to $250,000 by the NCUA.

  • Your interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on your account monthly.
  • The minimum balance required to open this account is $5. You must maintain a minimum average daily balance of $100 to obtain the disclosed annual percentage yield.
  • Interest begins to accrue on the business day you deposit noncash items (for example, checks).
  • Interest is compounded monthly and credited on the last day of the month. If you close your account before interest is credited, you will not receive the accrued interest.
  • We use the Average Daily Balance method to calculate the interest on your account. This method applies a periodic rate to the average daily balance in the account for the period.
  • The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.
  • Fees could reduce earnings on account.
  • A complete list of account fees and disclosures are available on request.