Savings

To become a member you must open and maintain a Primary Savings with a minimum balance of $25.00

  • Open Your Account with a minimum initial deposit of $25.00 plus a one-time $5 membership fee
  • Payroll Deduction, Direct Deposit and ACH are available
  • Free Online banking access to your account
  • You can transfer money from your Savings, to Money Market, Checking or within your accounts

Pays higher yields than Savings while keeping funds accessible.  Deposits can be made anytime to this account.  Open your Account with an initial Deposit of $2,500

  • Unlimited deposits
  • Access to your funds when needed
  • You can transfer money from your Money Market to UCFCU Checking or Savings
  • Up to 6 withdrawals or transfer transactions per month without a monthly charge (refer to fee schedule)
  • Rates of return are tiered based on your balance
  • Payroll Deduction, Direct Deposit and ACH is available
  • Free Online banking access to your account

You can open several Personalized Savings and customize the description on the savings.  For example of description names: Furniture, Vacation, Home Improvement, Taxes, etc. 

 Open Your Account with a minimum initial deposit of $25.00

  • Payroll Deduction, Automatic Transfer of Funds, Direct Deposit and ACH are available
  • A minimum balance of $25 is required in the account
  • Free Online banking access to your account

This is a great account for members to be able to save for the Holidays. 

  • Payroll Deduction, Automatic Transfer of Funds and ACH are available
  • We can transfer money from other institutions and deposit the money in your Christmas Club Account
  • No withdrawals may be made prior to November 1
  • A minimum balance of $25 is required in the account
  • On November 1  of each year, the funds will be transferred to your UCFCU checking or deposited to your UCFCU savings
  • No monthly maintenance fees

Open your Term Certificate with an initial minimum deposit of $1,000.  

  • Great investment alternative
  • Rate of return are tiered based on your balance
  • No monthly or yearly maintenance fees
  • Flexible terms up to 60 months
  • Early withdrawal fees may apply

IRA Savings (Traditional & Roth)
Your annual contribution may be deductible, giving you a tax break while you are working.

  • Open your account with as little as $25.00
  • You can add to your account at anytime by making contributions in person, mail, payroll deduction, automatic payment transfers or ACH periodic deposits.  Subject to IRS limitations.
  • Can be rolled into a Traditional IRA Certificate once balance reaches $1,000.
  • No monthly or yearly maintenance fees.
  • Early withdrawal fees may apply.

Coverdell Educational Savings Account

  • Open your account with as little as $25
  • You can add to your account at anytime by making contributions in person, mail, payroll deduction, automatic payment transfers or ACH periodic deposits.  Subject to IRS limitations.
  • Contributions can only be made for individuals under the age of 18.
  • May be used penalty-free for qualified educational expenses subject to IRS limitations
  • No monthly or yearly maintenance fees
  • Can be rolled into a Coverdell Educational Certificate once balance reaches $1,000

TRADITIONAL & ROTH TERM CERTIFICATES

  • To open an IRA Term Certificate all you need is a minimum of $1,000.
  • Great investment alternative
  • You can rollover from a Share IRA once you get to $1,000, transfer from another institution or rollover from a qualified retirement plan.
  • No monthly or yearly maintenance fees
  • Dividends are compounded monthly and credited monthly
  • Early withdrawal fees may apply

COVERDELL EDUCATIONAL TERM CERTIFICATE

  • To open a Coverdell Educational Term Certificate all you need is a minimum of $1,000 
  • You can rollover from a Coverdell Educational Savings Account once you get to $1,000 or transfer from another

institution

  • No monthly or yearly maintenance fees
  • Contributions can only be made for individuals under the age of 18. Subject to IRS limitations.
  • Early withdrawal fees may apply

Once you have become a member of UCFCU you are eligible to open additional accounts under a Trust Account.