Please ensure Javascript is enabled for purposes of website accessibility

Personal Savings

Savings accounts that meet your needs.

couple holding piggy bank

Savings accounts with convenient benefits

  • Star

    Member-Owner Status

    With just $5 in your Prime Share Savings account, you become a member-owner of Educators Credit Union.

  • No Fees

    Low or No Minimum Balance

    Most savings accounts have a minimum balance requirement of $5 or less.

  • Direct Deposits

    Direct Deposits

    Start receiving interest on your earnings as soon as possible by using direct deposit.

  • Credit Report

    Competitive Rates

    Our savings accounts are designed to benefit you. Receive returns on your money with most Educators savings accounts.

  • 24/7 Access

    24/7 Access

    Online Banking and Mobile Banking give you the power to manage your account on your time. Check your balance, make deposits with FlashCash and more.

  • Alerts

    eStatements & E-Alerts

    Get your statement emailed to you quarterly and set up e-alerts with Mobile Banking.

Compare Your Options

All accounts are equipped with 24/7 access, there is no limit to the number of withdrawals, and direct deposit is available.

Swipe to view more

Swipe to see more
  • Minimum opening balance

    Minimum opening balance

  • Activation or monthly fees

    Activation or monthly fees

  • ATM Card

    ATM Card

  • Terms

     

    Terms

     

  • Interest rate increases

    Interest rate increases

Prime Share Savings
Account

  • Minimum opening balance

    $5

  • Activation or monthly fees

    $0

  • ATM Card

    YES

  • Terms

     

    N/A

  • Interest rate increases

    Interest is earned when the balance is $100 or more.

High Yield Money
Market Accounts1

  • Minimum opening balance

    $1,000

  • Activation or monthly fees

    $01

  • ATM Card

    NO

  • Terms

     

    N/A

  • Interest rate increases

    Interest rate increases automatically as your savings balance grows to levels of $2,500, $10,000, $25,000 and $50,000.

Premium Money Market Account2

  • Minimum opening balance

    $10,000

  • Activation or monthly fees

    $0

  • ATM Card

    NO

  • Terms

     

    N/A

  • Interest rate increases

    Interest rate increases automatically as your savings balance grows to levels of $10,000, $100,000 and $250,000.

Share Certificates3

  • Minimum opening balance

    $500

     

  • Activation or monthly fees

    $0

  • ATM Card

    NO

  • Terms

     

    Terms from 91 days to 5 years

  • Interest rate increases

    Competitive dividend rate fixed throughout the term. Add-on options offer the opportunity to add additional funds of $500 or more to the certificate.

Types of Savings Accounts and Add-Ons

Prime Share Savings Account

A Prime Share Savings account is your ticket to being a member-owner with Educators. Your $5 deposit represents one share (and your ownership) in the credit union. You’ll now be able to use all of Educators’ services! Interest is earned on the Prime Share Savings account when your balance is $100 or more.

Open an account online or click on the Educators Connect Cam™ pop-up on the right of this page to have a video meeting with our staff.

woman holding piggybank

Change Up® Savings

With Change Up Savings, using your debit card helps you save money. Make non-PIN “credit” purchases with your debit card and we’ll round up the change to the next dollar and deposit the difference into a special interest-bearing savings account. All you need is an Educators checking account and to be signed up for eStatements.

You can’t make additional deposits to your Change Up Savings, but you can withdraw money at any time. Change Up amounts are added together and withdrawn when the transaction clears. On your eStatement and Online Banking checking history, your transaction will show the exact amount of each purchase. All Change Up amounts will be totaled and deducted from your checking as one daily item at the end of each day.

Call (262) 886-5900 or use Educators Connect Cam™ to open your Change Up Savings account.

Father and son with savings bank

Student Savings

If you are 18 or younger, you can start saving through an account with us. If you are under 13, you can open a savings account with an adult.

Call (262) 886-5900 or use Educators Connect Cam™ to get started.

students in a classroom setting

Health Savings Account

A Health Savings Account is exclusively used to pay for qualified medical expenses when you are enrolled in a high-deductible health plan (HDHP). Use it for current health expenses and save for future health expenses. Please talk to your employer’s benefits specialist to determine if you are eligible.

Our HSA offers a competitive rate with no minimum balance or annual fee except the initial $25 set-up fee. We will instantly issue an HSA debit card to let you conveniently pay for your qualified medical expenses. You can keep the account even if you change jobs, change your medical coverage or become unemployed.

Make contributions to your account in any amount (up to contribution limits), at any time. Contribution limits for 2024 are $4,150 if you have Single HDHP coverage or $8,300 if you have Family HDHP coverage. Out-of-pocket contributions are tax-deductible and HSA earnings are tax-deferred. Withdrawals are tax-free when used for qualified medical expenses.4

Call (262) 886-5900 or use Educators Connect Cam™ to open your Health Savings account.

mom and daughter at doctor office

Special and Club Savings Accounts

Special savings accounts can be set up for any purpose. No minimum balance is required and interest is earned when the balance in the account is $100 or more. You can open a Holiday, Summer Pay or Vacation Club Account, or create and name a special savings account.

Call (262) 886-5900 or use Educators Connect Cam™ to get started to ask a Member Finance Representative for more information on these options.

couple on vacation

Share Certificate Add-On Options

Some of the Educators Share Certificates have Add-on options. The Add-on option allows you to add to the value of your Share Certificate by depositing a minimum of $500 to your Share Certificate at any time. The new money you add starts earning dividends the same day you make the deposit.

woman reviewing paperwork

Rates

Savings Accounts

Savings Type

Dividend Rate

APY1

Minimum

1APY = Annual Percentage Yield. Rates are effective as of 02/01/2024.
Fees may reduce earnings. Minimum amount is minimum account balance to earn interest.
3An HSA has a $25 set-up fee.
2Only open to Wisconsin, Illinois and Minnesota residents. Fiduciary and business accounts are not eligible. For all
the account disclosures, please go to www.ecu.com/sweepstakes.

Savings Type

Prime Share Savings

Dividend Rate

0.06%

APY1

0.06%

Minimum

$100

Savings Type

Change Up® Savings

Dividend Rate

0.51%

APY1

0.51%

Minimum

$0

Savings Type

HSA3 (Health Savings Account)

Dividend Rate

0.76%

APY1

0.76%

Minimum

$100

Savings Type

Special & Club Savings Accounts

Dividend Rate

0.06%

APY1

0.06%

Minimum

$100

Savings Type

Saver’s Sweepstakes®2

Dividend Rate

0.20%

APY1

0.20%

Minimum

$0

Open a Savings Account
Share Certificates11 (Regular & IRA Accounts)

Type

Dividend Rate2

APY1

1APY = Annual Percentage Yield. Rates are effective as of 02/01/2024.
2Fees could reduce earnings on the account.

11Rates are for new share certificates only and require $500 minimum. Penalty will or may be imposed for early withdrawal.

Type

91 Days

Dividend Rate2

1.788%

APY1

1.80%

Type

182 Days

Dividend Rate2

1.887%

APY1

1.90%

Type

275 Days (Add-on)

Dividend Rate2

1.936%

APY1

1.95%

Type

1 Year

Dividend Rate2

2.231%

APY1

2.25%

Type

18 Months

Dividend Rate2

2.329%

APY1

2.35%

Type

2 Years

Dividend Rate2

2.575%

APY1

2.60%

Type

30 Months (Add-on)

Dividend Rate2

2.624%

APY1

2.65%

Type

3 Years

Dividend Rate2

2.722%

APY1

2.75%

Type

4 Years

Dividend Rate2

2.820%

APY1

2.85%

Type

5 Years

Dividend Rate2

2.967%

APY1

3.00%

Type

10 Month CD Special

Dividend Rate2

4.909%

APY1

5.00%

Contact us to open an IRA Account
Premium Money Market2 (Regular & IRA Accounts)

Type

Dividend Rate

APY1

Minimum

1APY = Annual Percentage Yield. Rates are effective as of 02/01/2024. Fees may reduce earnings. Minimum amount is minimum account balance to earn interest.
2For Premium Money Market the minimum to open account is $10,000.
5Minimum Deposit—$10,000. Account balance cannot drop below $10,000.

Type

Premium Money Market5

Dividend Rate

1.366%

APY1

1.375%

Minimum

$10,000

Type

Premium Money Market

Dividend Rate

2.716%

APY1

2.750%

Minimum

$100,000

Type

Premium Money Market

Dividend Rate

4.049%

APY1

4.125%

Minimum

$250,000

Contact us to open a Premium Money Market Account

Join Educators Credit Union

Membership is open to anyone who lives or works in our 11-county service area.

Open an account with Educators Connect Cam™Open account using our digital application

Disclosures

1There is a $10 monthly fee if the balance drops below $1,000. Fees can reduce earnings.
2If the Premium Money Market Account goes below $10,000, the share will be closed and the money will be transferred to an account indicated by the member.
3Fees could reduce earnings on the account. Penalty will or may be imposed for early withdrawal.
4See a tax advisor for full details.