Savings Choices
Share Savings Account
We offer a variety of basic savings accounts including Regular, Special Savings and Holiday Share Savings Accounts. When you open a share savings account, you become an owner in RCU. A $5 deposit into a share savings account is required to establish your membership ($100 balance required to earn dividends). This account offers a variety of benefits:
- Competitive dividend rates
- Dividend rates increase as balances grow
- Withdrawals are penalty-free
- Automatic paycheck deposits available
- Receipts and quarterly statements replace passbooks
- Dividends compounded and paid quarterly
- Special Share Savings and Holiday Share Savings programs are also available at the same rates and terms. Use these accounts to save for special occasions such as birthdays and holidays, or for special purchases
Money Market Accounts
Money Market accounts offer a variety of benefits:
- Money Market Growth and Money Market Growth IRA
- Low minimum opening deposit requirement of $5 ($100 to earn dividends)
- Balance Money Market
- Minimum opening deposit of $ 2,500
- Open an RCU Checking account plus direct deposit (or RCU Bill Pay if direct deposit is not offered by your employer)
- Earn benefits through RCU's Member rewards program, Redwood Rewards!
- Advantage Plus Money Market Maintain $10,000 on deposit and receive the same great rate on all your deposits…find out how today!
RCU's Money Market Accounts offer:
- Competitive dividend rates
- Dividends are compounded and paid monthly
- Make deposits as often as you like, with penalty-free withdrawals
- Up to three checks may be written per month on any RCU Money Market account
Apply for an RCU Money Market Account.
If you have questions please call us at: (800) 479-7928, or visit an RCU branch.
Share Certificates
If you're looking for our highest yields, consider investing in a Share Certificate from RCU.
- Competitive dividend rates
- Flexible terms from three months to five years
- Varied minimum deposit amounts
- Dividends are compounded and paid monthly
- Minimum balance $1,000
If you have questions or would like to apply for an RCU Share or IRA Certificate, please call us at: (800) 479-7928, or visit an RCU branch.
It's your money - it's your choice. When you've decided which RCU Savings Account is best for you, simply complete an online Savings application or print off the form and mail a completed copy to us. If you have questions about our savings accounts, please call us at: (800) 479-7928, or visit an RCU branch.
Applications & Forms
Federal Regulation D
Savings Calculator
Education Article -Make Retirement a Reality
Financial Fitness (Balance)
Rates - Savings
