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.

Membership is available to all Federated Insurance Companies employees and retirees, their spouses, children, grandchildren, parents, and siblings. Contact your FECU branch or fill out the New Member Application Form to join today.

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.

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Savings Account Rates

Savings Accounts Dividend Rate APY
Primary Share 0.15% 0.15%
Christmas Club 0.15% 0.15%
Vacation Club 0.15% 0.15%
Special Club 0.15% 0.15%

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

"Very satisfied with everything and I am glad to be able to do business with my local credit union!"

Anonymous, Programmer