Savings
Sit back and relax...Your WestEdge® account is hard at work, for you!
As a WestEdge® member, every product and service we have to offer is available to you and your family. Additionally, for those over the age of 18, you also have voting privileges on credit union matters, such as the WestEdge® Board of Directors election held each year.
Share Savings
Your primary savings account, share savings, is your key to credit union membership. The $5 minimum balance represents your ownership in WestEdge® Credit Union.
Sub Savings
This is a secondary savings account, often used to keep funds organized for personal budgeting. It is completely discretionary and there is no minimum balance required.
WestEdge® Holiday Account
Designed to consistently build funds for your holiday spending. Personally make deposits or request to have your funds transfer automatically from any of your other WestEdge® accounts. Members enjoy the benefits of this account as the accumulated balance is then moved into the primary share savings on October 31st annually.
WestEdge® Vacation Club Account
WestEdge® Vacation Club Accounts make your vacation as financially painless as possible! It works just like our Holiday Account only we move the funds from your Vacation Account into your primary savings account on April 30th each year.
Certificate Accounts
Extra money on hand? Put your savings on the fast track with a Certificate Account!
Youth Accounts
We value our kids and teens and would like them to grow and flourish. That's why we believe in rewarding their good behavior to quickly learn the power of saving.
Savings Rates
Share Savings | Dividend Rate | APY* | Term | Minimum Balance |
---|---|---|---|---|
Share Savings ($5.00 minimum to open account) | 0.10% | 0.10% | N/A | $50.00 |
Youth 1.0 and Youth 2.0 Savings ($5.00 minimum to open account) | 0.10% | 0.10% | N/A | $5.00 |
Holiday Savings | 0.10% | 0.10% | N/A | N/A |
Money Market ($2,500.00 - $24,999.99) | 0.40% | 0.40% | N/A | $2,500.00 |
Money Market ($25,000.00-$49,999.99) | 0.60% | 0.60% | N/A | $25,000.00 |
Money Market ($50,000.00+) | 0.70% | 0.70% | N/A | $50,000.00 |
Sub Savings (secondary savings accounts) | 0.10% | 0.10% | N/A | $50.00 |
Youth 1.0 and Youth 2.0 Sub Savings (secondary savings accounts) | 0.10% | 0.10% | N/A | $5.00 |
IRA Share Savings-Traditional Roth | 0.10% | 0.10% | N/A | $25.00 |
Coverdell Education Savings Accounts | 0.10% | 0.10% | N/A | $25.00 |
*APY= Annual Percentage Yield.