Individual and Joint Savings
Focus on savings, not fees
- Earn monthly dividends on all balances.
- No minimum balance if you have another SELCO account.
- No withdrawal penalty.
- Accounts insured for up to $250,000 by the NCUA.
Banking on your terms
- Anytime account access from any device, 24/7.
- SELCO Visa® debit card with access to 30,000+ free ATMs nationwide.
- Virtual appointments by phone or video.
Joint account holders welcome!
- Accounts cost just $10 to open: $5 one-time membership fee, plus a $5 share in the credit union (refunded if you close your account).
- Include or add a joint account holder at no additional cost.
Savings Rate Comparison
Savings Rate and Fee Schedule| Dividend Rate | Annual Percentage Yield | Minimum Opening Balance | Minimum Required Balance | |
|---|---|---|---|---|
| Membership Savings / Simple Savings | ||||
| $0 - $499.99 | 0.10 % | 0.10 % | $5 | $5 |
| $500 - $2,499.99 | 0.20 % | 0.20 % | $5 | $5 |
| $2,500 - $9,999.99 | 0.35 % | 0.35 % | $5 | $5 |
| $10,000 + | 0.55 % | 0.55 % | $5 | $5 |
| Cultivate Savings | ||||
| $0 - $499.99 | 4.88 % | 5.00 % | $5 | None |
| $500 - $999.99 | 2.96 % | 3.00 % | $5 | None |
| $1,000 - $2,499.99 | 0.20 % | 0.20 % | $5 | None |
| $2,500 - $9,999.99 | 0.35 % | 0.35 % | $5 | None |
| $10,000 + | 0.55 % | 0.55 % | $5 | None |
| Vault Youth Savings | ||||
| $0 - $499.99 | 4.88 % | 5.00 % | $5 | $5 |
| $500 - $999.99 | 2.96 % | 3.00 % | $5 | $5 |
| $1,000 - $2,499.99 | 0.20 % | 0.20 % | $5 | $5 |
| $2,500 - $9,999.99 | 0.35 % | 0.35 % | $5 | $5 |
| $10,000 + | 0.55 % | 0.55 % | $5 | $5 |
| Money Market | ||||
| $0-$999.99 | 0.05 % | 0.05 % | $1,000 | None |
| $1,000 + | 1.54 % | 1.55 % | $1,000 | None |
| Investor Plus | ||||
| $0 - $9,999.99 | 0.00 % | 0.00 % | $10,000 | $10,000 |
| $10,000 - $49,999.99 | 1.19 % | 1.20 % | $10,000 | $10,000 |
| $50,000 - $249,999 | 1.98 % | 2.00 % | $10,000 | $10,000 |
| $250,000 + | 2.23 % | 2.25 % | $10,000 | $10,000 |
Maintenance and activity fees may apply and could reduce earnings.
Resources
7 Savvy Ways to Spend Your Tax Refund
Paying off debt isn’t just about being responsible now, it’s about saving money in the immediate future. Learn how to spend, or save, your tax refund with these easy tips.
Organizing Your Household Finances
Learn how an organizing system for your financials can make all the difference. Whether it’s in a bulky metal filing cabinet or secure folders on your computer, the first thing to do is build a system.
Wants vs. Needs: Finding the Perfect Balance
Whether you’re creating a new budget from scratch or reviewing previous months’ expenses, it’s helpful to consider if those expenses fall into the category of a want or a need.
5 Misconceptions About CDs
How do certificates of deposit work? Think of CDs (aka, share certificates) as the "set it and forget it" approach to savings.