Farm Credit Employees Federal Credit Union

Savings

Growing your nest egg is easy when you invest at Farm Credit Employees Federal Credit Union. As a member-owned financial institution, we return our profits to our members in the form of higher savings rates and fewer fees. Plus, your savings are insured up to $250,000 by the National Credit Union Administration, a U.S. government agency.

Share Certificates

The minimum deposit to purchase a share certificate is $500. Interest is paid at maturity for 3, 6, and 12 month certificates. Certificates of 18, 24, 30, 36, or 48 months pay dividends and compound on a quarterly basis.

Traditional IRA

Accounts can be opened with a minimum of a $500 deposit. There are no service fees to maintain an IRA account. Transfers, rollovers, and new accounts are all welcome. IRA certificates are available for terms in 6 month increments between 6 months and 48 months.

College Savings

A higher-paying savings account set up in a child’s name with the parent as the joint owner. The parent retains full control of the account until the child turns 18. No withdrawal limitation but we encourage parents to use this account as a long term savings plan for their kids. This is an excellent account to use for an automatic payroll deposit. Money saved in the college savings account can also be rolled in to share certificates with a minimum of $500 to earn an even higher return.

FCEFCU Savings Accounts

In addition to our online services, deposits can be made in person, through an automatic payroll deduction, wire transfer, or through the mail. Withdrawals may be made in person, a mailed cashiers check, or via a wire transfer.