$ave-N-Grow Holiday Certificates

This holiday season, give the gift of savings! Members can open a 9-Month Term Share Certificate with $ave-N-Grow Club benefits for their children or grandchildren. $ave-N-Grow Holiday Certificates receive an additional 0.50% on the current dividend rate and a $10 gift card when the account is opened with a $100 minimum deposit between November 1, 2026, and December 31, 2026. 

Contact us  to request a $ave-N-Grow Holiday Certificate

$ave-N-Grow Club Term Share Certificate:

• Available to individuals 17 years old and under
• Pays dividends quarterly
• Requires a $100 minimum opening deposit 
• Additional deposits of at least $25 can be made at any time

View our current rates and use the Credit Union Certificate Calculator to find out how much a Term Share Certificate can earn. Just enter a few pieces of information, and we will calculate your Annual Percentage Yield (APY) and ending balance.

Note: This offer is valid for a new 9-month Term Share Certificate opened with a minimum deposit of $100.00 between November 1 and December 31, 2026, and can be redeemed only once per child. Joint adult ownership on the 9-month Term Share Certificates will be required until the child turns 18 years old. To validate eligibility, you must provide required ID documents, Social Security Number, and the full legal name for the child. There is an early withdrawal fee of 180 days of dividends if you withdraw money before the term ends. This fee is paid from dividends earned and principal. There is a 10-day grace period at the end of the term during which you can withdraw your money without penalty. The 9-month Term Share Certificates will renew automatically at maturity. Once members turn 18 years old and are no longer eligible for the $ave-N-Grow Club, the funds will automatically transfer to the Primary Savings account after the 9-month Term Share Certificate matures. Dividends are compounded and paid quarterly. Fees or other conditions could reduce the earnings on the account. Additional terms and conditions may apply. See the Truth in Savings Disclosure and Fee Schedule online for all the terms and conditions that apply to credit union deposit accounts at this time. If you have any questions, please call 507-455-5430 or stop by one of our office locations. FECU Membership is available to all Federated Insurance employees, retirees, and eligible spouses, children, grandchildren, parents, in-laws, and siblings. Members receive a $10 gift card when the 9-month Term Share Certificate is established between November 1, 2026, and December 31, 2026. This offer cannot be combined with any other promotions or incentives. Retail and restaurant gift cards are subject to their own terms and conditions. All rights reserved. The FECU is not responsible for lost or stolen gift cards.