Savings Accounts
Open AccountWhether entering college or retirement, build your financial cushion with any of our flexible savings options.
Build Your Savings
UW Credit Union's savings accounts are a safe, simple place to grow your money. You can open an account with just $5, and all of our accounts offer valuable features to help make saving easy.
You'll have 24/7 online and mobile account access with Web Branch and our Mobile App, as well as free money management tools. You can even set up recurring transfers to make saving easier. Plus, enjoy competitive dividend rates and rest easy knowing your accounts are federally insured by the NCUA.
Types of Accounts
Savings
The account that all members open when they join UW Credit Union, your savings account can help you reach your goals.
- No monthly fee with 2 Qualifying Services or $1,000 balance (otherwise $5 monthly)
- $5 minimum opening deposit and balance requirement
Plus, you can open multiple savings accounts to save for specific goals. Set money aside for a vacation, wedding, emergency fund or whatever goal you have in mind.
College Fund
Save for a child’s college education. With a higher dividend rate than a regular savings account, you can plan for future expenses.
- No monthly fee
- $100 minimum opening deposit and balance requirement
- Funds automatically transfer to student at age 21
One custodian (usually a parent or grandparent but there’s no requirement to be related) and one minor can be on the account. The custodian controls the account, but the minor may make deposits.
Youth Savings
Teach your children the importance of saving! Youth savings accounts are available for children ages 0-17, with a joint account holder required for ages 13 and younger.
- No monthly fee
- $5 minimum opening deposit and balance requirement
- Custodial and standard ownership options available (standard accounts automatically convert to a regular savings account when the minor turns 18)
IRA Savings
If you want to save for retirement, IRA Savings may be the ideal solution. This account offers potential tax advantages and a higher dividend rate than regular savings.
- No monthly fee
- $5 minimum opening deposit and balance requirement
- One account holder allowed per account
- Choose from a Traditional or Roth IRA
- IRA Certificates also available
Compare Accounts
|
Savings |
Youth Savings |
College Fund |
|---|---|---|
|
Best For... |
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|
Basic savings for any need |
An introduction to savings for ages 0-17 |
Saving for a child's college expenses |
|
Special Features |
||
|
Flexible and accessible |
Custodial and standard ownership options |
Set up by an adult for a minor |
|
Monthly Fee |
||
|
$0 with 2 Qualifying Services or $1,000 balance (otherwise $5/mo.) |
$0 |
$0 |
|
Minimum Opening Deposit and Balance Requirement |
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|
$5 |
$5 |
$100 |
|
Minimum Balance to Earn Dividends |
||
|
$100 |
$10 |
$100 |
|
Dividends Compounded |
||
|
Daily |
Daily |
Daily |
- Compare your savings account to other savings options.
- Calculate how much you could save, plan savings for college expenses, or see how long it will take you to reach your savings goal.
Open a Savings Account
Getting Started Is Easy
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1Log in to Web Branch.If you're not a member yet, join today.
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2Choose the account you want to open.Most accounts can be opened online in just a few minutes.
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3Transfer money into your new account.Consider setting up recurring transfers to grow your savings automatically.
Get in Touch
Have questions about services, options or where to start? Our local experts are here for you — and they're always ready to help.
