Current Savings Rates:
Savings Rates – Effective
| Account Type | APY | Min Balance |
|---|---|---|
| Savings Account | 0.70% | $10.00 |
| Sub Share Account | 0.70% | $10.00 |
| Christmas Club | 0.70% | $10.00 |
| Youth Savings Account | 0.70% | $10.00 |
Carey Poverello Federal Credit Union offers a variety of savings accounts to fit your individual and family needs. All accounts are guaranteed up to $250,000 by the National Credit Union Administration.
Savings Account
All members are required to maintain a Savings account with a minimum balance of $5. The $5 secures the membership with the credit union.
Sub Share Account
Multiple Sub Share Accounts can be opened on a Savings Account. Sub Share Accounts are useful to segregate for activities such as a vacation, wedding, taxes, college, etc.
Christmas Club Account
Take the stress out of the holidays by saving in advance.
Youth Savings Account
Youth Savings accounts are available for members under the age of 18.
Savings Accounts with balances over $10 will earn interest on the actual daily balance in the account. Interest posts to a member’s account on the first day following the end of a quarter.
There is no monthly service fee on a Savings Account.