Savings Accounts in Vermont - New England Federal Credit Union

Share Savings Advantages

Competitive dividend rates
Interest compounded monthly
$5 minimum to open

No monthly fee
Use scheduled transfers to build your balance
Direct deposit available

NEFCU Savings

Enjoy federally-insured savings at competitive rates. Open a NEFCU Share Savings account with at least $5 and start saving today for your next holiday or vacation.

Want easy access to your funds? You’ll find ATMs throughout New England, North America, and worldwide. You’ll have 24/7 access via Accountline phone banking and NEFCUOnline digital banking.

Your deposits are federally insured up to $250,000 per member by the National Credit Union Administration. Additional coverage may apply based on ownership of account.

Learn About NCUA Deposit Insurance

Open a Savings Account

Savings Account Rates

Table data for Savings
02-08-2023
	Minimum to Open & Earn APY	Dividend Rate	APY ¹
Savings Account	$5	.20%	.20%

Certificates & Education Savings Accounts

Save with higher yields and flexible terms through the credit union equivalent of certificates of deposit.

Choose from fixed or variable rates, fixed terms or open, education savings or standard certificates.
We’ve got the best way for you to save! Want to talk about your options? We’d love to hear from you.

Your deposits are federally insured up to $250,000 per member by the National Credit Union Administration.
Additional coverage may apply based on ownership of account.

Open a Certificate

Certificate Types at a Glance

Future Saver

UTMA

Term Share

Coverdell ESA

Future Saver

UTMA

Term Share

Coverdell ESA

Certificate Options

Future Saver, Future Saver Plus

Uniform Transfer to Minor Act

Term Share

Coverdell Education Savings: Share, 1-Year, 18-Month

Future Saver

UTMA

Term Share

Coverdell ESA

Minimum to Open

$25

$1,000

$5: Share & 18-Month; $500: 1-Year

Future Saver

UTMA

Term Share

Coverdell ESA

Add-on Deposit Option

Yes

Yes, Coverdell ESA Share

Future Saver

UTMA

Term Share

Coverdell ESA

Rate Type

Variable

Fixed

Variable: Share and 18-Month; Fixed: 1-Year

Future Saver

UTMA

Term Share

Coverdell ESA

Distribution Tax Benefits for Education

Yes

Certificate Rates

Table data for SPECIAL FIXED RATE CERTIFICATES
02-08-2023
Term	Minimum to Open & Earn APY ²	Dividend Rate	APY ²
18 Months	$1,000	3.20%	3.24%

Table data for Future Saver Certificate (variable rate)
02-08-2023
Term	Minimum to Open & Earn APY ³	Dividend Rate	APY ³
12 to 60 Months	$25	1.00%	1.01%

Table data for Future Saver Plus Certificate (variable rate)
02-08-2023
Term	Minimum to Open & Earn APY ³	Balance Tier	Dividend Rate	APY ³
12 Month	$25	Under $5,000	2.00%	2.02%

12 Month	$25	$5,001 and Over	1.10%	1.11%

Table data for Uniform Transfer to Minor Act (variable rate)
02-08-2023
Term	Minimum to Open & Earn APY ³	Dividend Rate	APY ³
12 months	$5	2.15%	2.17%

Table data for Term Share Certificate (Fixed Rate)
02-08-2023
Term	Minimum to Open & Earn APY ²	Balance Tier	Dividend Rate	APY ²
90 to 179 days	$1,000	Under $25,000	.75%	.75%

		$25,000 and Over	.90%	.90%

180 to 364 days	$1,000	Under $25,000	1.25%	1.26%

		$25,000 and Over	1.40%	1.41%

12 to 23 Months	$1,000	Under $25,000	1.75%	1.76%

		$25,000 and Over	1.90%	1.92%

24 to 35 Months	$1,000	Under $25,000	2.00%	2.02%

		$25,000 and Over	2.15%	2.17%

36 to 59 Months	$1,000	Under $25,000	2.10%	2.12%

		$25,000 and Over	2.25%	2.27%

60 Months & Above	$1,000	Under $25,000	2.25%	2.27%

		$25,000 and Over	2.40%	2.42%

Table data for Coverdell Education Savings
02-08-2023
Type	Minimum to Open & Earn APY	Balance Tier	Dividend Rate	APY ⁴
Share Account	$5	Under $25,000	.20%	.20%

Table data for Coverdell Education Savings (fixed rate)
02-08-2023
Type	Minimum to Open	Balance Tier	Dividend Rate	APY ²
1 year certificate	$500	Under $25,000	1.75%	1.76%

		$25,000 and Over	1.90%	1.92%

Table data for Coverdell Education Savings (variable rate)
02-08-2023
Type	Minimum to Open	Balance Tier	Dividend Rate	APY ³
18 month certificate	$5	Under $25,000	1.25%	1.26%

		$25,000 and Over	1.40%	1.41%

Disclosures

¹ APY: Annual Percentage Yield. Interest is compounded monthly. Fees may reduce earnings. Rates are subject to change after account opening.

² APY: Annual Percentage Yield. Early withdrawal penalties may apply.

³ APY: Annual Percentage Yield. Rates are subject to change after account opening. Early withdrawal penalties may apply.

⁴ APY: Annual Percentage Yield. Rates are subject to change after account opening.

NEFCU Online

Savings & Certificates

Share Savings Advantages

NEFCU Savings

Savings Account Rates

Certificates & Education Savings Accounts

Certificate Types at a Glance

Certificate Options

Minimum to Open

Add-on Deposit Option

Rate Type

Distribution Tax Benefits for Education

Certificate Rates