At 1st Ed, we know that saving money isn’t always easy. That’s why we offer an array of savings products to help you get the highest return for your money. You can also feel confident knowing your funds are federally insured up to $250,000 by the NCUA. Talk with us today. We can help review your options and discuss your personal financial goals.
Deposit Rates – View our current rates to help you earn more for your money.
Share Savings – It’s your primary account at 1st Ed. Just $5.00 is required to keep your membership open and active.
Club Accounts – Save for holiday and vacation expenses throughout the year. Make deposits in person, through automatic transfers, payroll deduction, or direct deposit – at your convenience.
IRAs – You can save for the future and set specific strategies to reach your goals. Save for retirement, your child’s education, or another worthwhile purpose. At 1st Ed, we offer the IRA choices you need.
Education Savings Accounts – The Coverdell Education savings account enables you to save up to $2,000 per child per year while contributions are made with after-tax funds. Earnings and withdrawals are tax-free for qualified educational expenses.
Certificates – Earn a higher rate on your deposit when you invest for a set period. Certificates of Deposit (CDs) are turnkey and easy to open. Simply agree to keep an amount on deposit for a specific term.
Money Markets – You’ll benefit from earning dividends and peace of mind with NCUA insurance, without locking up your money. A Money Market Account enables you to access your money when you need to.
Direct Deposit – Your pay is electronically deposited and immediately available. It’s the safest and most convenient method of deposit. It also offers money management benefits, like automatic loan payments and checking deposits.
NCUA Insurance – Your savings are federally insured upto $250,000 by the National Credit Union Administration (NCUA), a U.S. Government Agency.
Kids’ Accounts – Invest in your child’s future with a Youth Savings Account for kids up to age 12. By teaching children to save at an early age, we instill confidence in reaching goals and other life skills.
Teen Accounts – Open a Checking Account specifically for teen members age 15 to 18. We’ll help your teen every step of the way as they learn to make transactions and manage the account.