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.
Youth Savings Account
Class Act offers youth accounts for our members from Birth to age 18. Family Roo, Kirby Kangaroo and Claim Your Youth accounts offer our young members the opportunity to prepare themselves for the real world through financial education that includes tools, tips and resources for all ages.
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.
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.
Summer Savings Account
This share is an alternate savings account that can be designated for any purpose. Funds are available at any time and there is no fee for withdrawals.
Money Market Account
A money market account is a dividend-bearing account. It is designed for members with higher balances who want a higher rate of return while they use the account somewhat like a traditional share account. Money market account have a limit on withdrawals by check, transfer, or debit card and require a daily minimum balance of $2,500.
Certificate of Deposit
CD’s are dividend-bearing share certificate account with a definite maturity date. Your money will stay secure as you cannot make withdrawals until the account reaches maturity. Upon maturity, the account will be automatically renewed or you have ten business days to cash it in.
Ready to get started on your Class Act Savings Account? Get started today!
Compare
| Compare Savings Accounts | Regular Savings | Christmas Savings | Vacation Savings | Special/Summer Savings | Money Market |
|---|---|---|---|---|---|
| Opening Balance Requirement | $25.00 | $5.00 | $5.00 | $5.00 | $2,500 |
| Minimum Balance | $25.00 | $5.00 | $5.00 | $5.00 | $2,500 |
| Monthly Service Fee | $0.00 | $0.00 | $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+ | .05% | .05% |
| IRA Accumulation | $0+ | .20% | .20% |
| Christmas Club | $5+ | .05% | .05% |
| Summer Savings | $5+ | .05% | .05% |
