Savings

Your banking relationship begins with a Membership Savings account, which you can open with as little as $10 to take advantage of exclusive banking benefits and lifelong membership privileges.(1)

Membership Savings

  • A required account that opens the door to all of the products and services Financial Resources FCU has to offer
  • A minimum $10.00 deposit to open
  • Earns interest that is compounded and credited quarterly
  • Can be used for overdraft protection

Ultra Purple Savings

  • Offers higher interest rates when compared to the Purple Savings
  • Can be opened with $1,000.00
  • Requires a daily minimum balance of $10,000.00 or higher

Purple Savings

  • Offers higher interest rates when compared to the Membership Savings
  • Can be opened with $0.00
  • Requires a daily minimum balance of $250.00 or higher
  • Offers five different interest rate tiers based on the balance

Youth Savings

  • A required account for any individual between the ages of 14 and 17 years old
  • A great way to educate minors on saving and utilizing a banking account

Simple Savings Club

  • Save for just about anything – holiday gifts, a vacation, or a special project. There's no minimum balance to open your Simple Savings Club and with Direct Deposit, it's easy to save toward your goals. Choose when you want your Club savings to start and then 1 year later, the amount you’ve saved will go back to your account so you can use it as needed.

The above Savings (excluding Simple Savings Club) accounts include:

  • Unlimited deposits and transfers can be made into the account.
  • Accounts can be accessed anytime through WebBranch or on our mobile app
  • Up to 6 withdrawals or transfers out of the account each month
  • Direct Deposit is available

 

Open An Account

 

(1) Fees may reduce earnings on these accounts: Savings, Interest Checking, Money Market and IRAs
(2) Minimum Balance to earn stated Annual Percentage Yield (APY). If a range is shown as a deposit tier, the starting balance shown in that tier is the Minimum Balance needed to earn the stated Annual Percentage Yield (APY)
(3) Rate is variable and may change after the account is opened
(5) APY = Annual Percentage Yield