Savings

Regular Savings

The UFCU Savings Account is the foundation of your Credit Union membership. The account is sometimes referred to as the master account with a suffix “00”. It is established automatically with your membership application. Savings is easy by establishing regular Direct Deposit of Net Pay or by making occasional periodic deposits. The account is a good way to build a rainy day fund, or save for a special occasion. And your savings can be withdrawn at any time

The account offers:

  • No fees
  • High yields paid on savings balances
  • Easy access for balances and for transfers
  • Around-the-clock account access

Opening an account is easy. Simply complete an on-line Membership Application

Important points about our Online Membership Application       DocSign

The Unilever Federal Credit Union uses DocuSign – a simple yet secure system that allows us to send you documents and get your signature electronically. Just follow the prompts for applying your signature, initials, date, etc.  Once you have completed the Online Membership Application, a representative will be contacting you shortly

Money Market

Prime Access Plus+. UFCU’s Money Market Account (MMA) is a powerful high-yielding account. Features include:

  • Minimum balance is $2,500.
  • Tier I – balance of $2,500 and above
  • Tier II – balance of $10,000 and above
  • Tier III – balance of $50,000 and above
  • Rates may change monthly.  Click here for current MMA Tier rates 
  • Higher Tiers earn higher dividend rates
  • Dividends are computed on the daily balance (day In – day Out) method and are credited to your account monthly
  • Electronic withdrawals or transfers are limited to 6 per month, including a maximum of 3 by check
  • Courtesy Checks are available
  • There is no limit to the number of in-person withdrawals you can make

You must deposit at least $2,500 to open a Money Market Account. There are no restrictions on subsequent deposits. If you close your account before dividends are paid, you will not receive the accrued dividends. If at any time during the month, your balance drops below the $2,500 minimum, you will not receive any dividend and you will receive a $15.00 charge

Money Market Application

Please click here to view our disclosure statement

Important points about our Online Money Market Application       DocSign

The Unilever Federal Credit Union uses DocuSign – a simple yet secure system that allows us to send you documents and get your signature electronically. Just follow the prompts for applying your signature, initials, date, etc.  Once you have completed the Online Application, a representative will be contacting you shortly

CDs

Term CD Accounts
UFCU certificates of deposit offer you attractive yields that are guaranteed. And you can establish a maturity schedule to fit your needs.  Certificates are available with terms from 3 months to 48 months. Minimum certificate amounts are $1,000. Higher yields are available for amounts over $10,000 and $75,000 (Jumbos). So, if you’re tired of stock market volatility, consider certificates of deposit

Click here to see our current certificate rates

Click here to open a Share Deposit (CD)

Certificate Laddering
Certificate laddering is a smart way to earn more on your invested funds.  It works like this. Through convenient, regular payroll deductions you’ve accumulated a substantial amount in your regular savings account. You want to earn higher rates. Establish a ladder of certificates that mature in one, two, three and four years. One year later, the first certificate matures with interest. If you don’t need the money, reinvest in a new four-year certificate, at the higher dividend rate. Next year, your two-year certificate matures with interest. Again, if you don’t need the money, reinvest in another four-year certificate at the higher dividend rate. By the end of the fourth year, all your investments will be earning at the higher four-year certificate rates. Laddering gives you higher earnings and the flexibility of access to your funds if you need them. Spreading the maturities over four years is just one way. The ladder also works over shorter periods, say six months, one year, eighteen months and two years.

Click here to open a Share Deposit (CD)

Important points about our Online Applications       DocSign

The Unilever Federal Credit Union uses DocuSign – a simple yet secure system that allows us to send you documents and get your signature electronically. Just follow the prompts for applying your signature, initials, date, etc.  Once you have completed the Online Application, a representative will be contacting you shortly

 

IRAs

Traditional IRA, Roth IRA and Education Savings accounts are programs designed to help you save for retirement or a child’s education. A Traditional IRA is funded with pre-tax money and may be tax-deductible on your current Federal Income Tax Return. A Roth IRA is funded with your after-tax money, and your annual deposits are not tax deductible. The Credit Union offers both savings and term accounts for Traditional IRAs, Roth IRAs and Education Savings

Contact the Credit Union to open your IRA account today

 

Holiday/Club

Saving for something special such as the down payment on a house, a new car, a vacation, or a wedding. Setting up a Holiday Club Account is a painless way to make sure you reach your goals. The secret is simple. A unique account will be set up to automatically deduct an amount from your paycheck. Every payday, contributions earn interest, building the account toward your goal

Holiday Club Accounts are available for your Holiday shopping needs. Dividends are posted quarterly and earn the same rate as our regular savings accounts. Then after your last pay in September, we’ll automatically transfer the balance to your master savings account (00). There is no minimum balance required and you can join anytime!

Already a member and want to open a Holiday/Club Savings Account?

Click here to open a Holiday-Club Savings Account

Ready to join UFCU and open a Holiday/Club Account?
See how easy membership can be

Important points about our Online Membership Application       DocSign

The Unilever Federal Credit Union uses DocuSign – a simple yet secure system that allows us to send you documents and get your signature electronically. Just follow the prompts for applying your signature, initials, date, etc.  Once you have completed the Online Application, a representative will be contacting you shortly

 

Youth Accounts

It’s never too early to learn about money management. UFCU is a perfect place for children, teens and young adults to learn how to manage finances

Our Just for Kids account is perfect for the young child. The account includes a special membership kit including a gift and other incentives that make saving a way of life

Click here to open a Just for Kids account

Our Next Generation Account is perfect for the teen. The account offers teens no-fee savings and checking (18 and under require a parent or legal guardian as a joint owner), and ATM/Visa Debit Card and 24 hour account access. Next Generation members are also eligible for UFCU scholarship and awards

Click here to open a Next Generation account.

Our Student Money Manager Account is perfect for the college student. The account offers no-fee savings and checking, 24/7 access to their funds, an ATM/Visa®Debit Card having no transaction fees, and easy-to-understand statements

Click here to open a Student Money Manager account

Important points about our Online Applications       DocSign

The Unilever Federal Credit Union uses DocuSign – a simple yet secure system that allows us to send you documents and get your signature electronically. Just follow the prompts for applying your signature, initials, date, etc.  Once you have completed the Online Application, a representative will be contacting you shortly

 

US Savings Bond

U.S. Savings Bonds
The Bureau of the Public Debt announced that paper savings bonds are being replaced with electronic savings bonds and will no longer be available for purchase at financial institutions as of January 1, 2012

United States Savings Bonds may be redeemed at any of our UFCU locations and/or may be purchased directly from the US Treasury at Treasury Direct. If you are ready to buy savings bonds, you can follow this guided tour for assistance