Savings Accounts
Savings accounts to help you achieve financial wellness
Opening an Educational Systems Federal Credit Union savings account with $5 establishes your Credit Union membership. Once your base savings account is opened, you can open additional accounts to help you save for specific purposes. Once you're a member, you're always a member even if you graduate, change jobs or move.
Membership Savings Account
Become a Credit Union member by opening a Membership Savings Account. This account, also known as your base savings, is required to open additional accounts. Your Membership Savings Account can be opened with a minimum balance of $5.
Sub-Savings Account
Open additional savings accounts and manage your money conveniently through Digital Banking or our branch and ATM network. Create an account nickname for each Sub-Savings Account in Digital Banking.
Special Purpose Club Account
Save for holidays, birthdays, or vacations with the Special Purpose Club Account. Select a month for the funds to mature and the funds will be automatically transferred to your savings account the first of the month you choose.*
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.
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 If any of the account balance is withdrawn at any time during the year, the account will be closed, and the full balance will be transferred to the Savings Account. Special Purpose Club Accounts cannot be accessed via ATM.