Student Savings Accounts
No offense to piggy banks, but there's a better way to save.
High school math can be tricky (looking at you, Quadratic Formula), so we’ll keep this equation simple: Your money + our savings account = financial success!
Student Savings Account
No membership or monthly fee
Join our credit union for free. Plus, don’t worry about losing your hard-earned savings to those pesky monthly fees.
Open with $5
All you need to open your account is $5. Then you can let the savings begin!
Earn interest
Once your balance is $25 or more, you can start putting your money to work. See rates.
Free Debit Card & 30,000 ATMs
Get easy access to your savings with a free Debit Card, plus get access to 30,000 fee-free ATMs across the country.
Student Certificate Accounts
We offer two Student Certificate Accounts designed to help our younger UMe members grow money faster. No monthly fees, no service charges. And only a low $250 deposit required. How’s that for student-friendly?
-
Student Share Certificates
- Fixed interest paid in terms from 6 to 60 months
- No deposits during term
-
Student Saver Certificates
- Fixed interest paid in terms from 6 to 60 months
- One-year term only
- Unlimited deposits during term
Current Rates
|
TERM |
MINIMUM BALANCE* |
DIVIDEND RATE |
APY** |
|---|---|---|---|
|
*Minimum average daily balance required to earn dividends. Membership Shares, IRA Savings, IRA Certificates and Special Savings dividends are based on the average daily balance and are posted quarterly. Checking, Money Market and non-IRA Certificate Accounts are based on the average daily balance and are posted monthly. Certificate Accounts are subject to penalties for early withdrawal. Please contact one of our Financial Services Representatives for further information about applicable fees. IRA Certificates may be subject to additional Internal Revenue Service penalties for early withdrawal. Certificate rates are fixed for the term purchased. All other rates and yields subject to change without notice. **APY is Annual Percentage Yield. |
|||
|
TERM 6 to 11 months |
MINIMUM BALANCE* $250 |
DIVIDEND RATE 3.01% |
APY** 3.05% |
|
TERM 12 to 23 months |
MINIMUM BALANCE* $250 |
DIVIDEND RATE 3.49% |
APY** 3.55% |
|
TERM 24 to 35 months |
MINIMUM BALANCE* $250 |
DIVIDEND RATE 3.40% |
APY** 3.45% |
|
TERM 36 to 47 months |
MINIMUM BALANCE* $250 |
DIVIDEND RATE 3.35% |
APY** 3.40% |
|
TERM 48 to 59 months |
MINIMUM BALANCE* $250 |
DIVIDEND RATE 3.40% |
APY** 3.45% |
|
TERM 60 months |
MINIMUM BALANCE* $250 |
DIVIDEND RATE 3.45% |
APY** 3.50% |
|
TERM |
MINIMUM BALANCE* |
DIVIDEND RATE |
APY** |
|---|---|---|---|
|
*Minimum average daily balance required to earn dividends. Membership Shares, IRA Savings, IRA Certificates and Special Savings dividends are based on the average daily balance and are posted quarterly. Checking, Money Market and non-IRA Certificate Accounts are based on the average daily balance and are posted monthly. Certificate Accounts are subject to penalties for early withdrawal. Please contact one of our Financial Services Representatives for further information about applicable fees. IRA Certificates may be subject to additional Internal Revenue Service penalties for early withdrawal. Certificate rates are fixed for the term purchased. All other rates and yields subject to change without notice. **APY is Annual Percentage Yield. |
|||
|
TERM 12 months |
MINIMUM BALANCE* $250 |
DIVIDEND RATE 3.49% |
APY** 3.55% |
We’re Showering Burbank Babies with $50 in Their First UMe Savings Account!
Learn more