Savings Accounts
Place your savings - and trust - in a locally based finacial institution where you're not just a number, but a name. At Florence Federal Credit Union, your money is secure, insured, and earns high rates. With the minimum $25 deposit, you establish your relationship with us and can take advantage of all your Credit Union has to offer. Account balances of $200 or more accrue monthly compounded dividends, paid quarterly.
Account Features:
- Competitive Dividends
- Secured & Insured Funds
- Easy Access to Funds
- Local, Personalized Service
In addition to our regular savings accounts, we offer specialized savings options to help you plan ahead. Whether you're saving for holiday shopping or your next getaway, our club accounts make it easy to set money aside for what matters most to you.
Vacation Club Savings
Make your dream vacation a reality with a Vacation Club Savings Account. This unique savings account lets you save throughout the year and access your funds anytime, giving you the freedom to plan your trip whenever it suits you. With no restrictions on access, saving for travel has never been easier!
Christmas Club Savings
Save effortlessly for the holidays with a Christmas Club Account. Set aside money year-round, so you're ready for holiday shopping without the stress. Our Christmas Club runs from November 1st to October 31st, with your savings automatically transferred to the account of your choice on 11/1.
| Share Type | Percentage Rate | Yield |
|---|---|---|
| Regular Savings (Share) | 0.35 | 0.35% APY |
| Christmas Club* | 0.75 | 0.75% APY |
| Vacation Club | 0.35 | 0.35% APY |
Shares and vacation club accounts are variable rate accounts. The dividend rates are determined quarterly by the Credit Union board of directors. The annual percentage yields (APY's) are accurate as of the last dividend declared date. The minimum to open a share account is $25.00 plus a $1.00 membership fee. A balance of $200.00 is required to earn dividends. | ||
APY = Annual Percentage Yield | ||
How to Open a Savings Account
Contact us at (256) 767-4700 or (256) 766-7264 to get started or simply visit your closest Florence Federal Credit Union location.
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