Saco Valley Credit Union
Saco Valley Credit Union
Become a Member
Enjoy the many benefits of Credit Union membership.
Open an Account
spacer

Savings Accounts

Choose an account type that's right for you

Whether you're saving for a child's education or your own retirement, Saco Valley has a savings account to help you achieve your financial goals.

Not a member? To open an Account at
Saco Valley Credit Union you must become a member.

Share Savings Account

Your first step in becoming a member is to open a Share Savings account with a deposit of $25 or more. With this deposit, you own a “share” of your Credit Union, which allows you to take advantage of all products and services. Your savings are insured up to at least $250,000 by the National Credit Union Administration, a government agency.

Features & Benefits


Whiz Kid Savings Accounts

You’re never too young to start saving. Whiz Kid accounts are available for children up to age 18.

Features & Benefits

  • Be a welcome guest at our Annual Easter Egg Hunt.
  • Earn cash for good grades!

Club Accounts

Start saving for the holidays, a special vacation or your retirement, our Club Accounts will help you to reach your financial goals.

  • IRA Club
  • Christmas Club
  • Vacation Club
  • All Purpose Club

High-Yield Savings Account

Earn more with a High-Yield Savings Account from Saco Valley Credit Union. 

Features & Benefits
  • Dividends are compounded monthly and credited monthly.
  • Easy transfer of funds to your checking or savings accounts.
  • Earn more with higher dividend rates.
  • Minimum balance of $1500.00 required.
  • Unlimited number of transactions.

Share Certificates

Maximize your dividends by opening a Share Certificate.

Features & Benefits

Saco Valley Credit Union offers high-interest bearing Share Certificates with flexible terms. The minimum amount to open a certificate is $500.00. For the investor who wants a guaranteed higher interest rate, Certificates offer guaranteed earnings over a set amount of time. These accounts are ideal for long-term savings.


IRA Accounts

Features & Benefits

Individual Retirement Accounts (IRAs) are great tax-favored ways to save for retirement. With a traditional IRA, your earnings grow tax deferred, so you won’t owe income taxes until you make withdrawals. And if you’re eligible, your contributions may be tax deductible. How do you decide which type of IRA is right for you? It depends on what type of contribution you’re eligible for and your specific financial situation. Please contact us to see how we can help you choose an IRA that fits your needs.

*ANSWERS TO YOUR QUESTIONS (ROTH IRA)

*EXPLORING YOUR IRA OPTIONS (ROTH & TRADITIONAL IRA)

*ANSWERS TO YOUR QUESTIONS (TRADITIONAL IRA)

*GROWING YOUR SAVINGS DURING EVERY STAGE OF LIFE

*ANSWERS TO YOUR QUESTIONS (COVERDELL EDUCATION SAVINGS ACCOUNT)

*ROLLING YOUR WAY TO A BETTER RETIREMENT (RETIREMENT PLAN ROLLOVERS)

*MOVING INTO A ROTH IRA (CONVERSIONS)

*TAKING A CLOSER LOOK AT ELIGIBILITY (ROTH VS. TRADITIONAL)


Your Savings are Insured
The money you place in your Saco Valley Credit Union accounts is federally insured up to at least $250,000 by the National Credit Union Administration (NCUA), the strongest government insurance fund in the country.
 
National Credit Union Administration© Copyright 2017, Saco Valley Credit Union.   All Rights Reserved.   Toll-Free: 1-888-282-6169
Home   Privacy Policy   Site Map