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Current Rates
We're proud of our high-interest savings rates. Click here to learn more.
Fee Schedule
We encourage you to compare our Service Fees to those of our competitors. Our fees are lower!
Funds Insured
Your savings are insured up to $100,000 by the NCUA, an Agency of the U.S. Government.

Our Privacy Policy
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Savings Services

A Share Savings Account is the basic savings account used to establish membership in the credit union. A minimum deposit of $5.00 is required. Dividends are calculated on accounts with a $25.00 minimum daily and paid monthly.

The Daily and Monthly Savings Accounts are similar to the Share Savings account, but neither has an opening minimum deposit. The interest rate on these accounts are the same as a Share Savings Account. Interest is calculated on the daily balance and paid monthly.
 

Holiday Accounts

Are you tired of struggling to save for the Holidays? SLCU has just the answer for you - an SLCU Holiday Savings Account. With the convenience of payroll deduction or an automatic transfer each month, you can save all year long to help meet your holiday expenses.

Funds are automatically transferred to your SLCU checking or savings account on the first business day of November each year. 

Let us help you make your holiday savings easy! To sign up, stop into any SLCU office or print and complete our Holiday Account Application (340KB PDF*) and send to SLCU. Please allow normal U.S. Postal Service delivery time and 2 business days for activation.

Get Acrobat Reader* PDF documents require Adobe Acrobat to be downloaded. If you do not have Adobe Acrobat, you can download it from the Adobe Web site. Simply click on the Adobe Acrobat link.
 

Other Savings Options

Want to buy a CD, but don't have $1,000?  Check out our CD Builder Savings Account

SLCU also offers Series EE & I Savings Bonds. U.S. Savings Bonds are a safe, easy way to save money. Bonds are state and local tax exempt. Rates are updated each year on May 1 and November 1. Your money is guaranteed to grow and remain safe into the future!

I Bonds 

  • Sold at face value (you pay $50 for a $50 bond)
  • Offer a real rate of return over and above inflation
  • Buy as much as $30,000 per year
  • Earn interest up to 30 years
  • Can be redeemed any time after six months

Series EE Bonds

  • Sold at half their face value (you pay $25 for a $50 bond)
  • Earn rates based on five-year Treasury securities
  • Buy as much as $15,000 per year
  • Can be redeemed any time after six months (if redeemed before 5 years, there is a 3-month loss of interest)

For more information, visit the Savings Bond Website.  


 

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