Skip to main content

Church savings

Everence Federal Credit Union has a variety of savings products available for congregations. To take advantage of our financial services, a congregation first opens a membership account by depositing $5 into a regular share savings account. This $5 remains the property of the congregation, but it must stay in Everence Federal Credit Union for the term of the membership. You may add to this $5 in any amount you wish.


Everence Federal Credit Union has certificates available in maturities from three to 60 months with minimum balances of $500-$100,000. Dividends are compounded quarterly. Penalties apply for early withdrawal.

We also have jumbo certificates with special rates just for churches. For more details, and to take advantage of this special for congregations, call (800) 451-5719 and ask to speak with our chief financial officer.

Money markets

Our money market accounts for churches earn dividends with limited check writing privileges. And there is no monthly fee if the average daily balance does not fall below $2,500. Six free checks or withdrawals permitted each month; fees apply for more withdrawals. Dividend rates vary according to monthly balance.

Club accounts

Congregations can set up club accounts at Everence Federal Credit Union for a variety of purposes: Sunday school classes, youth groups, children’s departments. There is no limit to the number of different accounts a church may have in addition to the regular share savings account.


In addition to IRA accounts—traditional, Roth, and educational—Everence Federal Credit Union also offers SEP accounts for churches who want this service for their employees. Dividend rates vary according to balances. For more information or to secure an application to open an Everence Federal Credit Union SEP, call (800) 322-0440 and ask to speak with an IRA representative. Or send an email to