Savings
Developing
a savings plan is the first step to achieving financial success.
Your Credit Union has a variety of savings options to help
you get started. To learn more about each savings account,
click on the account name.
Compare
our savings accounts:
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Individual Retirement Accounts (IRAs) |
Online Savings |
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| Recommended
for |
All
members (This account is required for Credit Union
membership) |
Members
who want to save for the holidays or other occasion |
Members
who want liquidity and be rewarded for higher balances
with higher returns |
Members
willing to deposit funds in exchange for the highest
returns without liquidity |
Members
who
want to save long term for retirement
|
Members who prefer to manage their savings online |
Members with a high deductible health plan (HDHP) |
| Minimum
to open |
$5 |
None |
$1,000 |
$1,000 |
Contributory
IRAs $100 or payroll deduction requiredIRA certificates
$1,000 |
None |
$20 |
| Access
to Funds |
4
free withdrawals per quarter |
Holiday,
after November 5
My
Account, at member's request, once per calendar
year |
|
Terms
from 3 months to 5 yearsEarly withdrawal penalties
apply |
Can
access at age 59 ½ Early withdrawal penalties
apply
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24/7 access online and at ATMs (no branch access) |
Reimburse yourself for qualifying medical expenses |
Membership
Savings
FIGFCU’s Membership Savings account offers generous rates
as well as flexible account access to provide our members
a convenient and simple way to save. This account is required
for Credit Union membership.
It’s
only takes $5 to open a Membership Savings account. Keep a minimum
$250 balance or open another Credit Union account type (checking,
loan, etc.) to avoid the $2 monthly fee. The monthly fee is
waived for your first six months or if you’re under
23.
Online Savings
Earn a premium dividend rate and pay no monthly fee. Plus
make deposits, transfers, and withdrawals anytime with
PC-TIED online banking and over 25,000 free ATMs nationwide,
including 7-Eleven locations.
Club
Savings
With a Club Savings account, you’ll earn higher dividends
than Regular Savings. And saving is even easier when you make
automatic deposits from your paycheck or checking account.
Open
a Holiday Club Savings account and have the balance automatically
transferred to your checking or savings account around November
5 each year, just in time for Holiday shopping! Saving for
a vacation or new car? My Account makes it easy because you
can withdraw your funds anytime you choose, once per calendar
year. And name the account whatever you choose to help keep
you focused on your savings goal.
To open a savings account
today,
click here, call
800.877.2345 or visit your local
Credit Union branch to
request additional information.
To view our most current savings rates, click
here.
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