Savings Accounts

Start planning now for a sound financial future by depositing regularly to one of Southwest Research Center FCU's savings plans There are several options available, each with different advantages. Our savings plans are designed to suit the changing needs and lifestyles of members just like you. 

Regular Share Account

All members are required to maintain a regular share account as a condition of Credit Union membership. With this type of account, dividends are paid quarterly (on the first day of January, April, July, and October) and are computed on fully paid $5.00 shares. To receive dividends, your funds must remain on deposit until the close of business on the last day of the quarter. Deposits made by the 10th of the month earn dividends from the first. There's no penalty for withdrawal except the loss of dividends for that period. 

Special Share Account

The minimum balance required is $25. Dividends are earned from the day of deposit to the day of withdrawal and are compounded daily. Dividends are calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day. Dividends are available on the first day of the following month. 

Money Market Account

This account pays a market rate with limited transactions per month. The dividend rate for this account fluctuates according to market conditions. If your balance falls below $2,500 at any time during the month, the account may earn a lower rate. Dividends are calculated on the daily ending balance and will be paid and posted on the first day of the following month. Minimum withdrawal is $250. The number of withdrawals is limited to three checks and three transfers per month.

Individual Retirement Accounts

Traditional, Roth, and Educational IRAs will help with your retirement or future educational needs. Tax laws are changing so please consult the Credit Union for complete details. 

Share & IRA Certificates

These certificates pay a higher rate of return on your money. Please contact the Credit Union for current rates and terms.

Deposit Rates
Product TypeMinimum BalanceAPY
(as high as)
Dividend Period
Share Savings $5 .05% Quarterly
Special Savings $25 min. to earn dividends .05% Monthly
Checking
(Options #1 & #2)
$500 .05% Monthly
Money Market Less than $2,500 .10% Monthly
$2,500 to $9,999 .15% Monthly
$10,000 to $24,999 .20% Monthly
$25,000 to $49,999 .30% Monthly
  $50,000 to $74,999 .30% Monthly
  $75,000 to $99,999 .30% Monthly
  $100,000 & up .30% Monthly
IRA Accumulation Account
Product TypeStated RateAnnual Percentage YieldDividend Period
IRA Accumulation Account .30% .30% Quarterly
IRA & Share Certificates
Product Type TermStarting atRate/APY
IRA & Share 6 months $500 .15% / .15%
$5,000 .25% / .25%
$10,000 .25% / .25%
$25,000 .30% / .30%
$50,000 .30% / .30%
$75,000 .35% / .35%
  $100,000 .35% / .35%
IRA & Share 12 months $500 .50% / .50%
  $5,000 .50% / .50%
    $10,000 .50% / .50%
    $25,000 .55% / .55%
    $50,000 .55% / .55%
    $75,000 .60% / .60%
    $100,000 .60% / .60%
IRA & Share 18 months $500 .50% / .50%
    $5,000 .50% / .50%
    $10,000 .50% / .50%
    $25,000 .55% / .55%
    $50,000 .55% / .55%
    $75,000 .60% / .60%
    $100,000 .60% / .60%
IRA & Share 24 months $500 .75% / .75%
    $5,000 .75% / .75%
    $10,000 .75% / .75%
    $25,000 .80% / .80%
    $50,000 .80% / .80%
    $75,000 .85% / .85%
    $100,000 .85% / .85%
IRA & Share 36 months $500 .90% / .90%
    $5,000 .90% / .90%
    $10,000 .90% /.90%
    $25,000 1.10% / 1.10%
    $50,000 1.10% / 1.10%
    $75,000 1.19% / 1.20%
    $100,000 1.19% / 1.20%
IRA & Share 48 months $500 .90% / .90%
    $5,000 .90% / .90%
    $10,000 .90% / .90%
    $25,000 1.10% / 1.10%
    $50,000 1.10% / 1.10%
    $75,000 1.19% / 1.20%
    $100,000 1.19% / 1.20%
IRA & Share 60 months $500 1.19% / 1.20%
    $5,000 1.19% / 1.20%
    $10,000 1.19% / 1.20%
    $25,000 1.49% / 1.50%
    $50,000 1.49% / 1.50%
    $75,000 1.59% / 1.60%
    $100,000 1.59% / 1.60%

APR=Annual Percentage Rate
APY=Annual Percentage Yield
All rates, terms and conditions are subject to change without notice.
All rates subject to credit qualifying criteria.
Contact us for rate verification.