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Savings/Membership

The Savings account is your key to membership at Federated Employees Credit Union.  As long as you meet the eligibility requirements, a minimum $5 balance in this account is all you need to maintain access to all FECU member benefits. With a minimum $25 balance, savings accounts earn a competitive rate, compounded daily and paid monthly. 

Become a Member today! Membership is available to all Federated Insurance Companies employees and retirees, their spouses, children, grandchildren, parents, and siblings. If you or your family members are interested in starting accounts or loans with the credit union, please read the Membership FAQ or contact us today to learn more about the FECU

 


To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.

What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also verify your identity through a credit report or other electronic verification system.

Saving Account Rates

Savings Accounts Dividend Rate APY
Primary Share 0.90% 0.90%
Choice Savings 0.90% 0.90%

Dividends are compounded and paid monthly. The Primary Share begins earning dividends once you reach a minimum balance of $25.

Ballpoint pen sits on top of a balance sheet next to a calculator

Calculators