Savings Account Options
If you want to join the Credit Union Difference and are worried it might be complicated, worry no more. With ClickSWITCH, you can transfer your direct deposits, transfers, and withdrawals in a flash. In addition, we have adult and youth saving options available for our members.
Share Savings – Current Rates
For adults 18 and older, a $25 deposit is required in a savings account. The $25 represents one share in the credit union. Please review section five of the Truth-In-Savings Disclosure for additional information.
Share Certificates – Current Rates
Our Share Certificates are compounded quarterly to give our members a better return on their money. Penalties could or will be imposed for early withdrawals.
IRA – Current Rates
NO MINIMUM DEPOSIT to open an IRA, but there are maximum deposits per tax year, as decided by the IRS. We have a Traditional or Roth IRA available in two forms; an IRA share account or a share certificate account. Penalties can or will be imposed for early withdrawals on share and share certificates for IRA accounts. Talk to a tax advisor when considering an IRA account withdrawal.
Christmas Club – Current Rate
NO MINIMUM DEPOSIT. Let your Christmas shopping funds earn interest all year in this particular account. You may deposit in this account any time during the year. However, on October 15th, the entire balance will be disbursed to you.
Vacation Club – Current Rates
NO MINIMUM DEPOSIT. This account is designed for members who want to set aside a little extra for that special occasion.
Zoe's Club - Current Rates
Zoe's Club is a youth savings account (ages seventeen and younger), and you must maintain a minimum balance of $5. In addition, the youth account must have an adult custodial parent or guardian as a joint owner on the account—Zoe's Club Child Safety Kit.
OFCU does not knowingly collect personal information on individuals aged 13 who use our sites without obtaining consent from a parent or legal guardian. Please visit the National Credit Union Administration Regulatory Alert or the Federal Trade Commission's website.
Membership Eligibility Required, Insured by NCUA. Speak with a Member Service Representative for additional information on terms and fees.
Truth in Savings Rate and Fees Chart
Billing Rights Notice – EFT transactions (Account Error Resolution)
Don't forget to look under OFCU Documents for Stop Pay, ACH Stop Pay, or Contact Information Forms to complete and turn in to a Teller or Member Service Representative if an issue arrives on your account.
APY = Annual Percentage Yield
APR = Annual Percentage Rate