Savings Accounts
Savings accounts to help you achieve your financial goals and dreams
Opening an Educational Systems Federal Credit Union savings account with $5 establishes your Credit Union membership. Once you're a member, you're always a member even if you graduate, change jobs or move.
You can access the money in your savings account with an ATM card or debit card at 80,000 surcharge-free CULIANCE "CU Here" ATMs, in a branch, or through Digital Banking and the Audio Response Teller (ART). Plus, that savings account can be linked to a checking account to provide overdraft protection. To help you save regularly, you can have part of your Direct Deposit put into your savings account. Dividends are compounded and credited quarterly, and deposits are insured up to at least $250,000.
Once your base savings account is opened, you can open additional accounts to help you save for specific purposes.
Sub-Savings Accounts
Open additional savings accounts and create a nickname for each account in Digital Banking. You can access your money in a branch or through Digital Banking and the Audio Response Teller (ART).
Special Purpose Club Accounts
Start saving for the holidays, a birthday or a big vacation with the Special Purpose Club Account. When you open the account, you can select the maturity date that is once every calendar year on the first of the month.* At maturity, the account balance is automatically transferred to the savings account you designate at the time of account opening. Then start saving again, because your Special Purpose Club Account will remain open. Early withdrawals can be made without a penalty, but the account will be closed. To help you save, there is no ATM access.
Frequently Asked Questions
You can open an account at Educational Systems FCU by visiting a branch or mailing in a paper application to PO Box 179, Greenbelt, MD 20768-0179. You will need to provide a photo identification and verification of address.
Keep in mind that once you’re a member, you’re always a member, even if you leave your place of employment. Membership is based on your employer or family relationship at the time of Credit Union enrollment and maintaining the required minimum balance.
Log in to Digital Banking. Click on “Reorder Checks” from the left side bar menu. This will bring you to Harland Clark’s website. Please note that the following types of check orders need to be requested by speaking to a Credit Union employee:
Initial checks
Orders that haven’t been placed within the past four years
Checks for Star Members
Checks for Money Market Accounts or Home Equity Lines of Credit (HELOC)
Helpful Links
We're here to help start your savings strategy.
Financial Wellness is Within Reach
*For a Special Purpose Club Account, the entire balance will be transferred to the Savings Account on the first week of the month designated by the member and the account will remain open. If any of the account balance is withdrawn at any time during the year, the account will be closed, and the full balance will be transferred to the Savings Account.