Savings

Scenic Falls makes it easy to maximize your savings. Whether you’re teaching your children the value of a dollar or you’re a dedicated saver looking for a high-return product, we’re here to help you out with the following products:

Primary Savings (share savings):

Every account with Scenic Falls Federal Credit Union gets a Primary Savings account. This account earns dividends and holds the membership share of $25. This is a standard savings account, and has a minimum balance of only $25 (membership share).

Sub-Savings:

At Scenic Falls, we offer flexibility with your account. Each member is different and that is why we allow you to customize your account with sub-savings. This gives you the ability to organize your savings how you see fit, and earn dividends at the same time.

A sub-savings account is opened after a primary account has been set up. It can be labeled so, for example, you can designate a portion of your savings funds for a specific purpose. And you can have multiple sub-savings accounts that each earn dividends.

Money Market:

Are you ready to earn more with your money? Then now is the time to open up one of our money market accounts. It only takes minutes to open and allows you to earn more without the restrictions of an investment.

Participants in our money market accounts are allowed only three withdrawals per month (this includes but is not limited to transfers, check, automatic withdrawal, etc.) A minimum of $3,000 is required to open the account.

Holiday/Vacation Club:

Earn higher dividends while saving for celebrations.

IRA, Medical, Health and CD Savings:

Scenic Falls Federal Credit Union offers IRA, Medical, Health and CD Savings accounts. These accounts take a little more information to open, so please give us a call at 552-4800. We would love to speak with you.

Freedom Account:

Are you 55 years of age or older? If so, then you deserve our Freedom account. This account allows for two boxes of free checks a year, free teller checks and free money orders. Membership has its rewards.