Everyone starts their savings journey in a different place and has different needs. Everence offers a variety of options to help you jump start your savings!
START SAVING
Jump start your savings
Just start with $5! Your share savings account is the start of your Everence Federal Credit Union membership. After opening a savings account, you can open other types of credit union accounts.
Youth savings
Teach children the importance of saving early with a youth savings account, designed specifically for kids under the age of 18.
Balance
APY1
Up to $1,000
5.00%
Over $1,000
0.15%
Jubilee savings
Give yourself a peace of mind for unforeseen costs. Earn higher dividends on the first $1,000 in the account.
Balance
APY1
Up to $1,000
3.00%
Over $1,000
0.15%
Indexed money market
Our low-risk savings option with a higher interest rate. Open an indexed money market account with $25, have a minimum balance of $50 to earn the APY, and keep $2,500 in the account to avoid the minimum balance fee.
Balance
APY2
$50 to $2,500
5.50%
$2,500.01 to $100,000
2.00%
Over $100,000
1.00%
Relationship savings
An account for big savers who also have a checking account and debit card. Maintain a $10,000 balance between all deposit accounts, with at least $5,000 in the relationship savings account.
Balance
APY3
*Qualifications met
4.45%
*Qualifications not met
0.15%
Certificates
Save for the long term with as little as $500. Find a certificate that best suits your savings needs.
Certificate
APY4
6 month ($500 minimum)
4.35%
6 month ($100,000 minimum)
4.40%
Other Savings accounts
Other accounts to help you save
Set aside your money in other types of personal savings accounts to help you reach your short-term and long-term goals. We have a variety of account options to fit your needs.
Club accounts
Set up a club account to save up for a new vehicle, dream vacation or to manage your Christmas purchases in advance.
Customize the settings on your account to fit your goals.
Automate your savings with payroll deductions or automatic transfers into your club accounts.
Easily transfer money among your club account and your Everence checking and savings accounts.
IRAs
We offer two kinds of individual retirement accounts:
Everence is not just another credit union. We help our members put their values into practice, through mutual aid, community support and people helping people. We've developed ways to make this happen, by integrating unique features into our products and services.
Disclosure
Rates current as of April 1, 2024.
Annual Percentage Yield (APY) subject to change without notice. Fees may reduce earnings. APYs shown assume funds remain on deposit for dividend period. Please ask us for details on applicable fees and account terms and conditions or call us at 800-451-5719.
1Compounding quarterly. APY paid on portion of the average daily balance within each tier. Offer limited to one account per personal tax ID. For youth savings, a $5 minimum deposit is required to open an account; youth must be under the age of 18. For jubilee savings, a $25 minimum deposit is required to open an account.
2APYs are variable based on the Fed Funds Target Rate. A $25 minimum deposit is required to open an account; a $10 fee applies each month the balance falls below $2,500. APY paid on portion of the average daily balance within each tier and is based on the assumption that dividends remain on deposit within the account during the dividend period. Compounding monthly. Offer limited to one account per personal tax ID.
3Base rate, paid monthly, requires minimum average daily balance of $5,000 in the Relationship Savings account and additional relationship rate, paid monthly, applies if all additional requirements are met the previous month. APYs are calculated solely on the Relationship Savings account balance. Minimum balance fees not applicable to Relationship Savings account. Other fees may apply and may reduce earnings. APYs subject to change without prior notice. Contact us for current rates and more details. To qualify for the Relationship Savings account rate each month, you must have a personal checking account, debit card, and a minimum of $10,000—with a minimum of $5,000 in the Relationship Savings account—between all deposit accounts as of 12 a.m. on the first of that month. Offer limited to one account per personal tax ID. Must qualify for membership and for a checking account. Minors must have a parent/guardian joint owner for checking and debit card.
4Minimum deposit of $500 is required. Penalty for early withdrawal. APY for certificates with traditional terms applies throughout maturity, at which time certificates auto-renew at the then-current rate for the same term.
