Open a high-yield savings, checking, or share certificate account
- Sign in to Digital Banking.
- Under Account Services, select Open Deposit Accounts.
No account? Enroll in Digital Banking.
High-Yield Savings Account
A place to prepare for tomorrow
Grow your money securely and access it at any time
A high-yield savings account is a secure home for your savings to grow at tiered rates. Build an emergency fund or start saving each month toward your next big purchase.
Earn a higher rate each time your savings balance reaches a new tier
| Tier 1 ($0–$2,499) |
Tier 2 ($2,500–$24,999) |
Tier 3 ($25,000–$49,999) |
Tier 4 ($50,000–$199,999) |
Tier 5 ($200,000+) |
|---|---|---|---|---|
| 1.20% APY | 1.25% APY | 1.35% APY | 1.40% APY | 1.65% APY |
| Tier 1 ($0–$2,499) |
1.20% APY |
|---|---|
| Tier 2 ($2,500–$24,999) |
1.25% APY |
| Tier 3 ($25,000–$49,999) |
1.35% APY |
| Tier 4 ($50,000–$199,999) |
1.40% APY |
| Tier 5 ($200,000+) |
1.65% APY |
APY = Annual Percentage Yield. Rates are subject to change without prior notice. Effective date: 21 November 2024
Make unlimited deposits to keep your savings growing
Move money into your high-yield savings account as often as you like to reach higher tiers. Work with your employer to set up payroll deposit to have all or a portion of your paycheck added to your account each month.
High-yield savings account details
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Included with a high-yield savings account |
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Maintenance fee |
Included with a high-yield savings account $0.00 |
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Rate |
Included with a high-yield savings account Up to 1.65% APY2 |
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Unlimited deposits |
Included with a high-yield savings account
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Minimum balance requirement |
Included with a high-yield savings account $0.00 |
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Excessive transaction fee1 |
Included with a high-yield savings account
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Link a debit card |
Included with a high-yield savings account
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ATM access |
Included with a high-yield savings account Global |
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Visa® foreign transaction fee |
Included with a high-yield savings account 1.00% for non-USD cash withdrawals and USD cash withdrawals outside the US |
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Manage in Digital Banking |
Included with a high-yield savings account
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Mobile & email account alerts (setup required) |
Included with a high-yield savings account
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Included with a high-yield savings account Up to $250,000 per account holder |
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Joint account holders |
Included with a high-yield savings account Add up to one per account |
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Beneficiaries |
Included with a high-yield savings account Add up to five per account via Digital Banking |
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Included with a high-yield savings account
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Avoid excessive transaction fees
The transfers subject to the excessive transaction fee after the first six in a month are:
- Debit card purchases
- Online bill payments, except when making a UNFCU loan payment
- Account to account transfers using Digital Banking
- Wire and mobile money transfers using Digital Banking
- Transfer requests made by phone
If you need an account with unlimited monthly transfers at no charge, use a checking account.
Open a high-yield savings account
Enjoy monthly dividends on the way to your next savings milestone.
Top high-yield savings account FAQs
The dividend rate for the high-yield savings account is not fixed and may fluctuate over time. We review market rates each week to evaluate the overall interest rate environment. We also look at rates being offered by other financial institutions. These factors may lead to UNFCU changing the rate for its high-yield savings. If you are looking to lock in a dividend rate for a period of time, consider UNFCU's share certificates.
The limit keeps down costs which allows us to offer higher dividends on savings accounts compared to checking accounts. If you need an account with unlimited monthly transfers at no charge, use a checking account.
No, ATM withdrawals are not subject to the excessive transaction fee.
If you do not have enough money in your checking account to cover a payment, Savings Overdraft can protect you. This service will automatically transfer money from your savings account to cover the payment from your checking account. It will even cover payments you had pre-scheduled for your UNFCU consumer loan and/or mortgage. You will be charged a fee each time money is transferred to cover an overdraft.
To avoid this fee, increase the balance of your checking account to cover all your expenses for the month. You can also apply for a line of credit as another form of overdraft protection.
If you have both a savings and checking account, your debit card purchases will be linked to your checking account.
Some ATMs will give you the option to choose whether to take the money from your checking or savings account. If the ATM does not allow you to choose, the money will be withdrawn from your checking account.
Resources to help you manage your account
Savings & Spending Accounts
Compound savings calculator
Savings & Spending Accounts
View, add, or remove beneficiaries
Digital Banking Setup
Set up email or mobile account alerts
Savings & Spending Accounts
Remotely deposit US checks
Share certificates (term deposit accounts) turn your time into money
If you have money that you won’t need to access quickly, you can lock in a guaranteed rate over a fixed term.