When you open a Savings Account with City Credit Union, you’re doing more than just saving. You’re becoming a part of our financial cooperative. Your initial deposit of $5 secures one share in the credit union, making you an account holder and an owner. Here are just a few of the benefits you’ll enjoy with your City Credit Union Savings Account:
- Earn quarterly interest that helps you make the most of your money
- Access your funds with ease using your free ATM Card
- Enjoy convenient service through My City Branch online banking and Teller 24 audio response
- Rest easy knowing your money is federally insured up to $250,000 by the NCUA
The credit union even offers special savings accounts for the holidays or a much-needed vacation. Talk to us about your savings goals, and we’ll help you reach them!
Visit City Credit Union to open your account today!
At City Credit Union, we understand the importance of teaching children about good financial management. After all, smart savings skills are something that will benefit them tremendously as they grow into financially responsible adults. That’s why we’ve created a whole new line of youth-oriented products to help parents create the best financial future for their children:
Designed specifically for children ages 0-5 years, the Sprout Account savings account provides incentives for deposits made, and is a perfect way to help your child’s savings grow strong!
Children ages 6-12 will benefit from a Timber Account offering the same great savings incentives and information, with a bit more independence. Timber Account members will enjoy account access through My City Branch and Mobile Money.
Our Branch Out Account for teens 13-17 years of age includes options for savings, a checking account/transactional account, debit card access and incentives for deposits made.
We also offer the Grow Up Certificate of Deposit, a three-year CD to which you can add money, with a maximum balance of $3,000.
Help the child in your life get a great financial start! Young people or their parent or guardian can open an account with just $5, so stop by City Credit Union to open a Youth Savings Account today!
You don’t have to invest in the stock market to get great returns. Open a City Account to enjoy a higher yield without the risks.
- Open your City Account with just $1,500
- Enjoy quick and easy access to your funds
- Manage your account with free My City Branch online banking
Contact the credit union to learn more, or open your City Account today!
Earn guaranteed interest with a Certificate of Deposit from City Credit Union. Invest as little as $500 for terms from three months to five years. Dividends can be added to your certificate, paid out to you by check each month or deposited to the savings account of your choice. Check out our current CD rates here!
Use this financial tool to help you budget and meet your savings goals. Planning your investments over a number of years can be an effective strategy to accumulate wealth. This calculator demonstrates how it can work for you.
Savings Calculator — calculate future value
This calculator easily answers the question "If I save 'X' amount for 'Y' months what will the value be at the end?"
The user enters the "Periodic Savings Amount" (amount saved or invested every month); the "Number of Months" and the "Annual Interest Rate" or the annual rate of return one expects to earn on their investments.
The calculator quickly creates a savings schedule and a set of charts that will help the user see the relationship between the amount invested and the return on the investment. The schedule can be copied and pasted to Excel, if desired.
The investment term is always expressed in months.
- 60 months = 5 years
- 120 months = 10 years
- 180 months = 15 years
- 240 months = 20 years
- 360 months = 30 years
If you need a more advanced "Savings Calculator" — one that lets the user solve for the starting amount, the amount to invest, the interest rate, the term required to reach a goal or the future value; or if you would like to easily print the schedule; or if you need to pick a different investment frequency, then you may want to try the calculator located here: https:/financial-calculators.com/savings-calculator
These calculators are provided only as a general self-help planning tool and not to provide investment advice. Results depend on many factors. We do not guarantee their accuracy, or applicability to your circumstances. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Click Here to view our Rates page.
City Credit Union is insured by the National Credit Union Administration. This federal agency guarantees your deposits up to $250,000, so your money is safe and sound. No financial institution is able to offer greater federal insurance coverage, and not one penny of insured savings has ever been lost by a member of a federally insured credit union.
The National Credit Union Administration hosts a toll-free hotline to call for more information on the safety of your credit union funds: 1-800-755-1030, ext. 1. You may also visit the NCUA website to learn more about the protection your accounts enjoy: www.ncua.gov
City Credit Union is committed to protecting our account holders’ privacy. We are required by law to give you this privacy notice to explain how we collect, use and safeguard your personal financial information. If you have any questions, please contact us.