FCEFCU Savings Accounts
Growing your nest egg is easy when you invest at FCEFCU. Your initial deposit of $5 into a savings account qualifies you for membership and grants you access to all its privileges.
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.
A Traditional IRA account 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.
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 with 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.
A bare-bones savings account doesn’t sound fancy, but you can set up a small amount of your direct deposit to go into one or more savings accounts and set aside a little each month for your dream vacation or a little extra holiday spending cash. It just makes sense.
Have you set up your Direct Deposit?
Use the ease of payroll deduction or direct deposit to build your savings. FCEFCU is set up to receive direct deposits from any employer, and we process all automatic debits free of charge.
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.
Try Our Savings Calculator
Effective September 27, 2022
Quoted rates are subject to change without notice.
Annual Percentage Yield
Checking (no minimum balances, no fees)
|Up to $5,000||0.10%||0.11%|
|$5,001 to $100,000||0.75%||0.77%|
College Club Accounts
IRA Retirement Accounts
Share Certificates ($500 Minimum)