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Savings

Growing your money today for dreams tomorrow.

Overview

  • No monthly maintenance fee
  • Tiered interest rates that increase as your account balance grows

A Good Option If:

  • You want to establish your Elements membership
  • You plan to maintain less than a $2,500 daily balance
Member Savings Dividend Rate  APY 
$100 - $24,999 0.10% 0.10%
$25,000 - $49,999 0.15% 0.15%
$50,000 and Above 0.20% 0.20%

Rates effective as of September 15, 2017, and may change after account opening without notice. You must maintain a minimum average daily balance of $100 to earn a dividend. Fees may reduce earnings. No monthly maintenance fee. $5 required minimum balance to open the account.

Overview

  • Premium dividend rate – one of the highest in the nation
  • Simple, single tiered savings account
  • No fees

A Good Option If:

  • You plan to maintain a $10,000 daily balance to earn dividends
Helium Savings Dividend Rate  APY 
$10,000 and Above 0.55% 0.55%

Rates effective as of September 15, 2017, and may change after account opening without notice. Fees may reduce earnings. Average daily balance of $10,000 required to earn dividends.

Overview

    • Tiered interest rates that increase as your account balance grows
    • No monthly maintenance fee

 

A Good Option If:

  • You want to earn a premium dividend rate while keeping funds liquid
Premium Money Market Savings Dividend Rate  APY 
$100 - $2,499 0.05% 0.05%
$2,500 - $9,999 0.10% 0.10%
$10,000 - $24,999 0.15% 0.15%
$25,000 - $49,999 0.21% 0.21%
$50,000 - $99,999 0.31% 0.31%
$100,000 - $249,999 0.40% 0.40%
$250,000 and Above 0.45% 0.45%

Rates effective as of September 15, 2017, and may change after account opening without notice. You must maintain a minimum average daily balance of $100 to earn a dividend. Fees may reduce earnings.

Overview

  • Add to Hideaway Savings all year
  • Easily transfer funds to your Elements checking account when you’re ready to shop
  • No monthly maintenance fee
  • No minimum balance

A Good Option If:

  • You like the idea of out of sight, out of mind
  • You want to stash some cash away for a special goal
Hideaway Savings Dividend Rate  APY 
$100 - $24,999 0.10% 0.10%
$25,000 - $49,999 0.15% 0.15%
$50,000 and Above 0.20% 0.20%

Rates effective as of September 15, 2017, and may change after account opening without notice. No monthly maintenance fee. No minimum balance requirements apply. You must maintain a minimum average daily balance of $100 to earn a dividend. Fees may reduce earnings. 

Overview

  • Special account only for children under age 18
  • No monthly maintenance or inactive fees
  • Potential to earn bonus dividends

A Good Option If:

  • You want to teach your kids how to save and manage money
Youth Savings Dividend Rate  APY 
$100 and Above 0.25% 0.25%

Rates effective as of September 15, 2017, and may change after account opening without notice. Fees may reduce earnings. You must maintain an average daily balance of $100 to earn a dividend. If you maintain a minimum average daily balance (ADB) of $500 for a quarter, you will receive a bonus dividend, paid at the end of the quarter. The bonus dividend will be equal to the cumulative dividends paid during that quarter. The ADB is calculated by adding the full amount of the principal in the account each day for the period and dividing the figure by the number of days in the period. For opening the Grow Account, the age restriction is under 18 years old. 

Overview

  • Medical savings account for people enrolled in a high-deductible health plan
  • Contributions can be made by you, your employer, or other individuals
  • Comes with the Elements HSA Visa® Debit Card

A Good Option If:

  • You have a high-deductible health plan (HDHP)
  • You want a safe and convenient way to pay for health expenses
  • You want to save for future medical expenses on a tax-free basis
Health Savings Account (HSA) Dividend Rate  APY 
$100 - $2,499 0.25% 0.25%
$2,500 - $9,999 0.50% 0.50%
$10,000 and Above 1.00% 1.00%

Rates effective as of September 15, 2017, and may change after account opening without notice. You must maintain a minimum average daily balance of $100 to earn a dividend. Fees may reduce earnings.

Overview

  • Similar to a “CD” at a bank
  • Higher rate than most regular savings accounts
  • Available in amounts of $1,000 or more (as little as $500 if under age 18)1
  • Terms from 6 months to 54 months

A Good Option If:

  • You want a more predictable savings balance
  • You want to diversify beyond traditional savings accounts and other investments
  • Trade-off: Must wait to access funds until the Certificate term is up
Certificate Dividend Rate  APY 
6 Month Term 0.39% 0.40%
1 Year Term 0.49% 0.50%
18 Month Term 1.47% 1.50%
2 Year Term 0.69% 0.70%
3 Year Term 1.08% 1.10%
4 Year Term 1.32% 1.35%
5 Year Term 2.00% 2.05%
7 Year Term 2.10% 2.15%
10 Year Term 2.24% 2.30%
34 Month Term Rate Climber 1.71% 1.75%
54 Month Term Rate Climber 2.20% 2.25%

Rates effective as of September 15, 2017,  and may change prior to account opening without notice. Fees may reduce earnings.

Overview

  • Save for retirement at any age in a tax-advantaged way
  • Choose between tax-deductible contributions (Traditional IRA) or tax-free withdrawals (Roth IRA)
  • Contribute up to $5,500 per tax year

A Good Option If:

  • You are self-employed or don’t have access to an employer-sponsored plan like a 401(k)
  • You’ve maxed out your 401(k) contribution
  • Trade-off: IRAs can have lower contribution limits than 401(k)s
IRAs Dividend Rate  APY 
All Balances 0.21% 0.21%

Four Types of Trust Accounts:

  • Trust-Owned Account—for revocable trusts
  • Uniform Transfer to Minors Act (UTMA) Account—custodial account for minors
  • Representative Payee Account—for receivers of benefits from the Social Security Administration on behalf of another person
  • Guardianship Account—for guardians to manage funds of a ward

A Good Option If:

  • You need to manage funds on behalf of a third party
  1. 1 Minimum certificate deposit of $1,000. Maximum is $250,000 deposit per certificate; $1 million per household. Minimum required to open a child’s certificate is $500; child must be under 18 years of age. Minimum of $500 balance required to earn dividends. We may impose a penalty if you withdraw any of the principal before maturity.