Savings
At Class Act Federal Credit Union, we offer a variety of ways to help you save. Whether you are saving for a rainy day, Christmas, vacation or college, we are here to help. Check out our Savings account comparison chart below to find your best option.
Ready to get started on your Class Act Savings Account? Get started today!
Regular Share Savings
Your Regular Share Savings account dividends are calculated daily and credited to your account quarterly. Because this account represents your share of ownership of the credit union, a minimum balance of $25 must be maintained in the regular share savings account.
Christmas Club Account
Does Christmas seem to sneak up on you every year? With a Class Act FCU Christmas Club account, your holidays can be more enjoyable. Combined with Direct Deposit or payroll deduction, this account builds throughout the year. Then, just when you need it, you can withdraw or transfer funds out of that account at any time before the holidays and start shopping. Dividends are calculated daily and credited to your account quarterly. A $5 minimum daily balance is required.
Vacation Club Account
Planning a vacation, but don’t have the money? Our Vacation Club account is your answer! Combined with Direct Deposit or payroll deduction, this account builds throughout the year, and is available when you’re ready for your vacation. A $5 minimum daily balance is required.
Ready to get started on your Class Act Savings Account? Get started today!
Compare
| Compare Savings Accounts | Regular Savings | Christmas Savings | Vacation Savings |
|---|---|---|---|
| Opening Balance Requirement | $25.00 | $5.00 | $5.00 |
| Minimum Balance | $25.00 | $5.00 | $5.00 |
| Monthly Service Fee | $0.00 | $0.00 | $0.00 |
| Unlimited Transactions | ✓ | ✓ | ✓ |
| Payroll Deductions Available | ✓ | ✓ | ✓ |
| Dividend Bearing | ✓ | ✓ |
*For more information click here.
Share Rates
| Description | Balance | Dividend Rate | Annual Percentage Yield |
|---|---|---|---|
| Regular Share Savings | $25-$2,500 | .05% | .05% |
| $2,500+ | .05% | .05% | |
| Honors Checking (if requirements met) | $0-$5,000 | 3.92% | 4.00% |
| $5,000+ | .05% | .05% | |
| Honors Checking (if requirements not met) | $0+ | .05% | .05% |
| Student Honors Checking (if requirements met) | $0-$5,000 | 1.98% | 2.00% |
| $5,000+ | .05% | .05% | |
| Students Honors Checking (if requirements not met) | $0+ | .05% | .05% |
| Summer Savings / Check | $0+ | .05% | .05% |
| IRA Accumulation | $0+ | .20% | .20% |
| Christmas Club | $0+ | .05% | .05% |
| Summer Savings / Transfer | $0+ | .05% | .05% |
