Savings Accounts

Your First Step Toward Membership

At 1st University Credit Union, your membership begins with a simple savings account. This account is your gateway to all the benefits we offer.

What You'll Love About Our Savings Accounts

Low Minimum to Open – Just $5 to get started.
Earns Competitive Dividends – Paid quarterly on your average daily balance.
Easy Access to Funds – Withdraw at any CO-OP ATM, shared branch, or right here at the credit union.
Convenient Deposits – Use direct deposit, mobile deposit, or any shared branch location to keep your savings growing.
Digital Statements – View your statements anytime through online banking or our mobile app (paper statements available by mail for a small fee).
Safe and Secure – Deposits are federally insured by the NCUA.

Why It Matters

Your savings account isn’t just a place to keep your money; it’s your membership key. Once it’s open, you can take advantage of all the other accounts, loans, and services we offer.

Current Savings Rates

  
  Share Type
    Tier
    Dividend Rate
  APY**
  

     Electronic Savings, Regular Savings, Secondary Savings
    $0.01–$4,999.99
$5,000–$9,999.99
$10,000–$9,999,999.98
$9,999.999.99–Above
    0.001%
 0.005%
0.025%
0.035%
    0.001%
0.005%
0.025%
0.035%
  

Rates effective April 1, 2023. Rates are subject to change. All Savings Rates | Truth-In-Savings

Savings Account FAQs

Do I have to be a member to open a savings account?

Yes. Your savings account is what establishes your membership with 1st UCU. Once it’s open, you can access all of our loans, checking accounts, and other services.

When do dividends get paid?

Dividends are calculated on your average daily balance and paid quarterly. So the more you save, the more you earn.

How do I access my savings?

You can withdraw funds in person, at any CO-OP ATM or shared branch, or by transferring money through online banking or the mobile app.

How do I make deposits?

Set up direct deposit, use mobile deposit in our app, visit a shared branch, or drop by our office—we make saving easy.

Are my funds safe?

Absolutely. Your deposits are federally insured by the NCUA up to $250,000.

If you have addditional questions, call us at (254) 752-2797 or by email at memberservices@culink.net. We’re here to help!

Compare Your Options
    
          Feature
          Savings Account
          Money Market
          Certificate of Deposit (CD)
        
          Minimum to Open
          $5
          $2,500
          $1,000
        
          Dividends Paid
          Quarterly
          Monthly
          Monthly
        
          Access to Funds
          Anytime
          Anytime1
          Locked until maturity2
        
          Rates
          Competitive base rate
          Higher, tiered rates
          Highest fixed rate
        
          Flexibility
          Most flexible
          Flexible (limited checks)
          Fixed term & rate
        
    1 Transaction limits may apply.  
    2 Early withdrawal penalties may apply.

Ready to Start Saving?

Open your savings account online in minutes and unlock your membership at 1st University Credit Union.

OPEN YOUR ACCOUNT NOW

Every financial journey starts with a strong foundation. A savings account at 1st University Credit Union gives you secure access to your money, competitive dividends, and the support of a local team that’s here when you need us. Whether you’re setting aside a little or building toward something big, we’ll help you save with confidence. Based in Waco, we proudly serve the Central Texas community, including McLennan, Erath, and Bosque counties.

Helping You Do Life — one saving habit at a time.