- Competitive dividends on balances of $1,000.00 or more
- Tiered Rates (Higher balances earn higher rates)
- Dividends post monthly
- Interest Rate
- No monthly service fees
- No minimum balance requirements after inital deposit
- Unlimited monthly transactions
- Free Digital Banking
- Enroll in e-Statements to enjoy online bill pay for free
- Can be used as Overdraft Protection
- $5.00 Deposit to open
- Available to young savers up to 18 years old
- Competitive dividends on balances of $5.00 or more
- Interest Rate
- No monthly service fees
- No minimum balance requirements
- Unlimited monthly transactions
- Free Digital Banking
- Enroll in e-Statements to enjoy online bill pay for free
- $5.00 Deposit to open
- Help kids learn good savings habits with a youth account
- Available to young savers up to 18 years old
- Competitive dividends on balances of $5.00 or more
- No monthly service fees
- No minimum balance requirements
- Unlimited monthly transactions
- Free Digital Banking
- Enroll in e-Statements to enjoy online bill pay for free
- $5.00 Deposit to open
- Help kids learn good savings habits with a youth account
- Available to young savers up to 18 years old
- Competitive dividends on balances of $5.00 or more
- No monthly service fees
- No minimum balance requirements
- Unlimited monthly transactions
- Free Digital Banking
- Enroll in e-Statements to enjoy online bill pay for free
- $5.00 Deposit to open
- Help kids learn good savings habits with a youth account
- Available to young savers up to 18 years old
- Competitive dividends on balances of $5.00 or more
- No monthly service fees
- No minimum balance requirements
- Unlimited monthly transactions
- Free Digital Banking
- Enroll in e-Statements to enjoy online bill pay for free
- $5.00 Deposit to open
- Help kids learn good savings habits with a youth account
- Available to young savers up to 18 years old
- Competitive dividends on balances of $5.00 or more
- No monthly service fees
- No minimum balance requirements
- Unlimited monthly transactions
- Free Digital Banking
- Enroll in e-Statements to enjoy online bill pay for free
- $5.00 Deposit to open
- Help kids learn good savings habits with a youth account
| Comparison | Primary Savings | Youth Savings | Special Savings | Christmas Club | Money Market | Savings Certificate |
|---|---|---|---|---|---|---|
| At a glance | A general-purpose savings account that is easily accessible and establishes your membership with Ferguson | Help kids learn the value of a dollar. Requires a parent or guardian as joint owner | What special occasion do you want to save for? You decide the purpose, set a goal, and watch your investment grow | Save all year little by little so you can spend smart during the jolliest time of the year | Save more, earn more with easy access to your funds | Lock in your dividend rate for a set period of time for greater savings rewards |
| Minimum Deposit Required to Maintain Account | $5.00 | $5.00 | $0.00 | $0.00 | $0.00 | $1,000.00 |
| Minimum Balance to Earn Dividends | $1,000.00 | $1.00 | $1,000.00 | $1.00 | $2,500.00 | $1,000.00 |
| Dividends Compounded | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly |
| Withdrawal fee | None | None | None | $25.00 per trans | N/A | $25.00 fee plus penalty on interest paid |
| Special Features | Can serve as overdraft protection for checking | Earns dividends from the first dollar with a higher rate than the adult accounts. Start early, earn more | Easily accessible and separate place to track savings for special events | Set up auto transfers and save more for Christmas | Crossroads between savings, checking, and certificates. Save your way, withdraw your way | Lock in your rate, and no matter what the future holds, your rate does not change |
| Example of uses | Deposit 5% of gross income each month | Deposit birthday and chore money | Save for downpayment on car | Save $1,000 for Christmas by saving $83.33 each month | Save for a house or house repairs such as roof replacement | Save for retirement or a dream vacation overseas |
| Accessible via ATM | Yes with checking account and debit card | Yes with youth checking and debit card | No | No | No | No |
| Transfers available online | Yes | Yes | Yes | No | Yes | No |
| View account balances online | Yes | Yes | Yes | Yes | Yes | Yes |
| Federally insured by NCUA up to $250,000 | Yes | Yes | Yes | Yes | Yes | Yes |
Ferguson Federal Credit Union has the tools and services needed to fulfill your financial needs.
Being a part of the Ferguson Family means:
Higher dividend rates
Fewer Fees
On the go banking with Ferguson Anywhere
Fast and accurate access to digital services
and more…
No matter what service you choose, Ferguson Federal Credit Union is here for you.
Not sure on which account best suits you, no problem. Speak with one of our Ferguson Anywhere representatives to help get you started.
Get Connected Today!