A Share Savings is your primary account at 1st Ed Credit Union.
Just $5.00 is required to keep your membership open and active. It also gives you full access to all the benefits of membership, making you part-owner of the credit union.
- Dividends compounded and credited monthly
- Transfer to other accounts*
- Use as overdraft protection linked to your Checking*
- Take advantage of Payroll Deduction or Direct Deposit to help you save
- Establish automatic transfers to reach a savings goal or make payments*
Reap all the benefits membership at 1st Ed has to offer:
Open Your Membership Today!*Savings Accounts are subject to Regulation D. Regulation D limits the number of electronic savings account transfers to six (6) per month. Any savings account that goes over the six (6) transfers will receive a Regulation D fee. Learn more about Reg D here. See our Fee Schedule for current Reg D fees.
Share Savings
| Info and/or Terms | Interest Rate | APY |
|---|---|---|
| Regular Shares | 0.05% | 0.050% |
| Special Shares | 0.05% | 0.050% |
*APY= Annual Percentage Yield. Earnings are compounded and credited monthly. Rates are subject to change at any time without prior notice. $5 minimum opening balance held as membership share and cannot be withdrawn without closing membership.
Your savings are federally insured up to $250,000 and backed by the full faith and credit of the United States Government by National Credit Union Administration (NCUA), a U.S. Government Agency.