Savings & Investment Options
Share Savings Account
Your Share Savings Account is the foundation of membership at Connect Credit Union. It provides a safe and simple place to save while giving you access to the products and services available to members.
Ideal For: Members looking to build savings and establish their credit union membership.
Special Club Accounts
A Special Club Account helps you save for specific goals without mixing those funds into your everyday savings. Whether you're planning a vacation, preparing for the holidays, building an emergency fund, or saving for a major purchase, Club Accounts help keep your goals organized.
Ideal For: Members saving for short- and medium-term financial goals.
Certificates Of Deposit (CDs)
Certificates offer a predictable way to grow your savings with fixed rates and fixed terms. Choose the term that fits your goals and enjoy the peace of mind that comes with guaranteed earnings.
Ideal For: Members who want a secure savings option with predictable returns.
Money Market Accounts
A Money Market Account combines the flexibility of accessible funds with the opportunity to earn higher dividends on qualifying balances. It's a great option for members maintaining larger savings balances while keeping funds available when needed.
Ideal For: Members looking to maximize earnings while maintaining access to their money.
Individual Retirement Accounts (IRAs)
Saving for retirement is one of the most important financial decisions you'll make. Connect Credit Union offers IRA options designed to help you build retirement savings while taking advantage of potential tax benefits available under current laws.
Ideal For: Members focused on long-term retirement planning.
Compare Your Savings Options
| Feature | Savings | Club Account | Certificate | Money Market | IRA |
|---|---|---|---|---|---|
| Everyday Savings | ✓ | ✓ | — | ✓ | — |
| Goal-Based Saving | — | ✓ | — | — | — |
| Fixed Earnings Term | — | — | ✓ | — | Varies |
| Retirement Savings | — | — | — | — | ✓ |
| Flexible Access to Funds | ✓ | ✓ | Limited | ✓ | Varies |
| Best For | General Savings | Specific Goals | Long-Term Savings | Larger Balances | Retirement Planning |