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Important Information Regarding Online Banking and Mobile App — Learn More

Member Savings

Establish your Elements membership while earning competitive, tiered interest rates.

Open an Account

Or call 1-800-621-2105

Enroll in Online Banking

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%

Member Savings Annual Percentage Yield (APY) effective as of October 1, 2020, and may change after account opening without notice. Average daily balance of $100 required to earn dividends. Fees may reduce earnings. No monthly maintenance fee. $5 required minimum balance to open the account.

Member Savings


  • Start your membership with a great savings account
  • Competitive, tiered interest rates
  • Account pays interest in increasingly higher amounts as the account balance increases


  • No monthly maintenance fee
  • You must maintain a minimum average daily balance of $100 to earn a dividend


Our experienced, helpful member service team is ready to support you!


Live Chat

Chat Available Mon-Fri, 9 am-5 pm Eastern

Member Savings


When you open a Member Savings Account, you'll enjoy

    • Convenience of direct deposit of your payroll or federal benefits
    • An Elements ATM card to use at more than 78,000 surcharge-free ATMs worldwide
    • Shared branch access at more than 5,000 branches nationwide


Online and Mobile Banking


Access all the benefits of your Member Savings account with Online Banking and the Elements Mobile App. You can enjoy the same interface on your smartphone, tablet, laptop or desktop while continuing to get the same security features and conveniences you’ve come to expect. Our goal with online banking is simple: to provide you with a state-of-the-art digital banking experience that you can count on and is consistent across all devices.

  • Online banking – desktop, phone and app
  • Mobile check deposit
  • Online check images with Online Banking and Mobile Banking


Learn more about Online and Mobile Banking and enroll today.

Frequently Asked Questions


Q: Can I open a savings account online?
A: Yes, we encourage you to apply for a new account online. You may also apply at one of our locations

Q: Do you offer business savings?
A: Yes, we offer business accounts. Learn more on our Business Savings page or call us at 1-800-621-2105 for more information.

How to Get Started


You can apply online in as little as 10 minutes! Or call 1-800-621-2105 to get started.

What you’ll need to open an account:

  • Your government-issued ID (driver’s license, state ID or passport)
  • Social Security number

What to expect during the application process:

  1. You will receive an email within 1 business day to notify you of account approval.
  2. That’s it – your Member Savings Account is now open!

How Much Should I Save to Reach My Goal?

Savings Calculator