Savings and CDs

Your initial $25.00 deposit into your savings account does more than open your account. It makes you an owner of University Federal Credit Union. As a member owner you are entitled to a number of benefits and CU services. One benefit is a quarterly savings dividend. This dividend is tiered based on the amount of money in your savings account.

Share Account – Individual Accounts Insured up to $250,000 by NCUA Rate APY*
Amount Rate APY*
$25.00 to $2,499.99 0.15% 0.15%
$2,500.00 to $9,999.00 0.20% 0.20%
$10,000.00 and over 0.25% 0.25%
Declared Dividends for Fourth Quarter 2022
*Annual Percentage Yield


Looking to set aside funds for a vacation, home remodel, child or grandchild? Open a sub-savings account with UFCU and name the account to match the purpose. Funds may be directly deposited to these accounts from payroll deduction.


Multiple Deposit Savings Calculator (new window/tab)

Single Deposit Savings Calculator (new window/tab)


Christmas Club Accounts

Never stress over holiday spending again. Open a Christmas Club savings account with University Federal. Set up a payroll deduction for this savings account and watch the money pile up. On November 1st the funds are automatically deposited to your designated checking or savings account.


Certificates of Deposit (CD’s) are another savings tool.


  • Earns a higher rate of return than regular savings
  • $1,000 minimum balance
  • Terms of 6 months, 1 year and 2 years
  • Set aside funds for a future goal
  • All accounts are insured up to $250,000
  • No service charge
Term Share Certificates
Term Rate APY*
Six Month ($1,000 minimum) 0.25% 0.25%
One Year ($1,000 minimum) 0.35% 0.35%
Two Year ($1,000 minimum) 0.55% 0.55%
The APY* is accurate as of Dec 1st, 2022
*Annual Percentage Yield