Post date: 1/18/23
Availability and special terms subject to change.
We can help you achieve your financial goals with our high-earning (and risk-free!) deposit options:
- Take advantage of a risk-free CD to help you earn the most on your deposit.
- Invest in a Money Market Account for higher earnings and convenient account access.
- Set a special savings goal with one of our Specialty Accounts.
- Leverage Direct Deposit to help you save consistently.
- Feel secure with NCUA insurance coverage!
What do you want to accomplish this year, next year, and beyond? We suggest creating separate savings accounts for each of your aspirations — maybe a new car or home, a dream vacation, retirement, or pre-planning with a Christmas Club or emergency fund.
No matter where you are in life, our deposit products can help you meet a variety of goals. Start by crafting an accurate budget, then determine how much you can contribute to your preferred savings accounts. If you’re unsure, see us for a free consultation on the best products to meet your needs.
We offer specialized accounts for virtually any financial goal:
Certificates of Deposit (CDs)
$500 minimum – 4.75% APY*
Interest is compounded & credited monthly
When you open a CD at First United CU, you’ll earn superb rates and can rest easy with NCUA insurance protection. Terms are also flexible, ranging from 6 to 60 months, with opening deposits as low as $500. If you have a Checking Account with us, you’ll earn even more! A CD is an excellent alternative if you don’t mind tying your funds up for a period of time.
Individual Retirement Accounts (IRAs)
There are many reasons to invest in an IRA. The top two are boosting your retirement income and reaping potential tax savings today. As with our CDs, you can choose from flexible terms with opening deposits starting at just $500. The sooner you start, the greater earning potential — along with the monthly compounding of interest.
Money Market Accounts
We offer 5 tiers to help you earn more — as high as 3.50% APY.*
This is a fabulous account when you want to earn more but still have access to your funds. We offer tiered rates (five levels), with opening balances starting at $2,500. Like our other deposit products, your funds are federally insured — with no market volatility or stock market risk. Make up to 3 monthly withdrawals — with no penalty!
Christmas & Vacation Savings
Both are excellent accounts to help you plan for the extras in life. When you set aside money regularly, preferably through payroll deduction, you can easily meet your savings goals. Plan for the ordinary and the extraordinary, and reach your unique goals easier. You’ll appreciate the awesome earning potential at First United CU.
Consider all other flexible tools to support your efforts. For example, direct deposit can help you save consistently — and reach your goals sooner. Online and Mobile Banking also enable you to monitor your accounts and goal attainment — and help you stay motivated.
Choose the deposit product right for you! You can open a new account in person, online, or by phone.