Here are some of the requirements in order to open and maintain your personal savings account:
Make it easier to save for specific things by adding a sub-savings account that can be created under your primary savings account number.
A certificate of deposit (CD) is a savings account that holds a fixed amount of money for a fixed period of time or a term. When you cash in or redeem your CD, you receive the money you originally invested plus any interest. Certificates of deposit are considered to be one of the safest savings options.
Grow your savings faster and earn higher dividends with easy access to funds via money market accounts. There are many benefits to these types of accounts, and AGCU is happy to provide this flexibility and customized experience to our members.
Here are some of the ways money market accounts differ from other types of accounts:
If you have an HSA-qualified high deductible health plan (HDHP), you may be eligible to open a Health Savings Account. With an HSA, you can save money for medical expenses* while earning a high rate of dividends on the account.
Here are some of the benefits of an HSA account and how it differs from other types of savings accounts:
For more information about HSAs (including annual contribution rates), visit the Internal Revenue Service HSA website.
*includes most medical care and services, dental care, vision care, and prescriptions
Whether you’re interested in a traditional or Roth IRA or a Coverdell ESA, we can help you set up an account that fits your needs. An IRA is a great way to save for retirement. However, IRAs are not just for retirement anymore!
Annual contributions and withdrawal limits are set by Federal Law.
AGCU IRAs are federally insured up to $250,000 by the National Credit Union Administration (NCUA) and contributions may even be tax-deductible.
Withdrawing from your savings and checking accounts is an important part of any banking experience. AGCU’s membership with the CO-OP ATM and Shared Branch Network ensures that our members are able to access their funds whenever and wherever they need.
In order to serve our members nationwide and in more than 190 countries around the world, you have access to your money at nearly 30,000 surcharge-free ATMs in the United States and Canada and can make deposits to your account at over 9,000 deposit-taking ATMs through the CO-OP ATM Network. Plus, just like visiting an AGCU branch, members also have access to their accounts at over 5,000 Shared Branches nationwide through CO-OP Shared Branches.
Each account is insured by the National Credit Union Administration (NCUA) to at least $250,000. Additional coverage of up to $250,000 per depositor for other types of accounts, such as IRAs, is also available. For more information about your account’s coverage, see the NCUA’s insurance estimator here or contact us. NCUA maintains one of the largest and strongest levels of financial reserves in America and is backed by the full faith and credit of the United States Government.