Keeping your money in a savings account allows you to plan for the future or build that emergency fund. To get the most out of your savings, we have savings account options that work with how you manage your money.
If you like to do everything online, choose an e-Savings account and get electronic statements. For those who love their paper statements, the Simple savings account is the right choice.
With each type of savings account, you can get unlimited in-branch transactions as well as 6 complimentary electronic (or telephone) withdrawals per month. If you open an account for a minor, look for a savings piggy bank.
An account to help you save for the future
- Balances over $0.01 earn dividends paid monthly
- $5.00 balance required to open and maintain
- $10.00 one-time membership fee
- No monthly maintenance fees with balance of $100 or more (youth accounts excluded)
- Overdraft protection transfers are available
"This has been my favorite bank that I have ever had since I joined the military 11 yrs. ago. The people at the Johansen branch are amazing and never made me feel like a number, but like a family member...Thank you for the best 2 yrs. of banking and please keep doing what it is you all are doing, because it's working."-W.L.
*In compliance with Federal Regulation D.
**Any overdraft protection transfers from a savings to a checking account are counted towards the electronic transfer limit of Federal Regulation D.
Account Type Min. Opening Bal. Min. Bal. to Earn Dividends Dividend Rate APY*
$5.00 $0.01 0.11% 0.11%
$5.00 $0.01 0.11% 0.11%
Current as of 23 May 2017
Frequently Asked Questions
Is this the same as a "share"?
Yes, these accounts hold your $5 membership share. Every member of a credit union must have a “share” in that credit union.
I can only make 6 free electronic withdrawals or telephone transfers from my savings account every month?
Yes. This is in compliance with Regulation D, which limits the number of electronic withdrawals and telephone transfers from savings accounts. We charge a $10 fee for any withdrawals over 6 to encourage compliance with the law.
Are there other ways to access my funds that aren't limited?
Yes, you are allowed unlimited transfers or withdrawals:
- In person at a branch
- At an ATM
- Through the mail
How can I avoid the fee to receive paper statements for a Simple Savings account?
Maintain a balance over $100.
What will I need to bring to open a business or non-profit account?
What you will need to bring depends on the structure of your business. In general, to open an account you will need the following:
- Business License
- Proof of EIN
- Corporate documentation
- Resolution with authorized signers.
- Is this the same as a "share"?