Savings & Solutions

Share Savings Accounts

Your share savings account is your membership in Associates Federal Credit Union. Your share account acts as your share of the Credit Union.

  • A minimum deposit of $5.00 opens and establishes your membership in the Credit Union.
  • For your convenience, a completed and signed payroll deduction card can also serve as your initial minimum deposit.
  • There is no limit on the number of deposits and withdrawals made to the account.
  • Day-of deposit to day-of-withdrawal dividends earned.
  • Payroll deduction is available and encouraged

Club Accounts

Open a Holiday, Vacation, or Special Purpose club account with AFCU and save for the holidays or special occasion.

  • Club accounts can be opened at any time.
  • Holiday Club accounts transfer to your main share savings account in early November.
  • Day-of deposit to day-of-withdrawal dividends earned.
  • Payroll deduction is available and encouraged.
  • Some withdrawal restrictions may apply.

Money Market Share Accounts

  • Minimum deposit of $2500.00 required to receive higher dividend.
  • Three withdrawals allowed per month.
  • Minimum withdrawal amount of $500.00 allowed.

Certificate Accounts

Share, Traditional IRA, Roth IRA, and Coverdell Education Account Certificates are available for a wide variety of rates and terms.

  • $500.00 minimum to open certificate.
  • 91-day, 180-days, 365-days, 18-month, 2-year, 3-year, 4-year, and 5-year terms available.
  • Early withdrawal penalty imposed for early withdrawal.

Individual Retirement Accounts (IRA) including Traditional, Roth, and Coverdell Educational Accounts

Traditional and Roth Individual Retirement Accounts (IRA) are a great way to save for retirement. Depending on the type of IRA you choose, contributions may be tax deductible and will either grow tax-deferred or tax-free.

Open a Coverdell Education Savings Account (ESA) to help meet the costs of a student's education.

Contact the Credit Union for more information regarding IRAs, ESAs, or any of our other savings solutions. Payroll deduction is available and encouraged.