Start Saving Today for a Better Tomorrow
Saving for a goal — like a new car, retirement, education expenses, and other needs — is simple with a savings account from San Francisco FCU. Our competitive rates help you grow your savings faster, and there are no monthly fees, which means more of your money stays in the account to boost your savings even further. Open a savings account today for a flexible and convenient way to achieve your financial goals and build a secure financial future.
Are you already a member? Log into Online Banking or click here to open an account.
Savings Accounts for Every Chapter of Your Life
No Minimum Deposit Requirement
Open an account right away to start growing your savings.
No Monthly Maintenance Fees
More money stays in the account to help you save.
No Minimum Balance
Save without the pressure of maintaining a minimum balance.
Competitive Rates
Our credit union savings rates help you reach your savings goals faster.
Standard Savings Account
Establishing a savings account with no deposit makes you a San Francisco Federal Credit Union member. Grow your savings with a competitive interest rate, which is tiered based on the account balance. The more you save, the more you can potentially earn!
Money Market Accounts
Take advantage of higher interest rates while also enjoying convenient access to your funds. Tiered interest rates based on your account balance make this savings option a smart way to grow your money.
Share Certificates
Enjoy guaranteed returns with a fixed rate that is typically higher than standard savings accounts and money market accounts. Flexible terms of 3-60 months are available for a variety of savings goals. Because withdrawals prior to the maturity date will incur a penalty, these accounts are best for those with no immediate plans for their money who are looking for a secure way to earn a higher rate.
Retirement Accounts
It’s never too early to start saving for the future with either a Traditional IRA or Roth IRA savings account! With a Traditional IRA, contributions are made with pre-tax dollars, which may lower your taxable income. With a Roth IRA, contributions are made with money that has already been taxed, and withdrawals in retirement are not taxed. IRA certificates are also available for both accounts to help you prepare for a brighter retirement.
Youth Savings Accounts
Give your child a head start on learning smart money habits with an account that makes saving exciting and fun! There are no minimum balance requirements, meaning youth can start saving immediately. And there are also no monthly fees, which helps young savers grow their accounts faster. Account holders receive newsletters with tips and resources to help them develop strong money management skills.
Custodial Youth Savings Accounts
Take advantage of a Coverdell Education Savings account or certificate to save for future education expenses. A Uniform Transfer to Minors Account allows you to transfer assets to a child without needing a trust. With a custodial account, you retain control of the account until your child reaches adulthood.
Savings Account Rates
Compare the following savings account rates to see which option fits your needs. Standard savings and money market accounts have tiered rates, meaning higher account balances earn more.
Standard Savings Account
Easy Savings for All of Life’s Goals
| Amount | APY* |
|---|---|
| $100 (min) | 0.015% |
| $2,500 (min) | 0.015% |
| $20,000 (min) | 0.015% |
| $50,000 (min) | 0.025% |
| $80,000 (min) | 0.025% |
Money Market Account
Maximize Your Savings Potential
| Amount | APY* |
|---|---|
| $2,500 (min) | 0.100% |
| $20,000 (min) | 0.15% |
| $50,000 (min) | 0.351% |
| $80,000 (min) | 0.501% |
Retirement Savings Account (IRA)
Save Today for a Secure Tomorrow
| Amount | APY* |
|---|---|
| IRA Savings | 0.150% |
*APY= Annual Percentage Yield. Rates accurate as of 02/01/2024, subject to change after account opening. Fees may reduce earnings. While every effort has been made to ensure that this website contains accurate and current information regarding rates and other terms, errors may occur. Rates quoted are subject to correction and change by San Francisco Federal Credit Union.
Additional Features of San Francisco FCU Savings Accounts
Online & Mobile Banking
Conveniently check your savings account balance and transfer funds online or with our mobile app.
Direct Deposit
Direct a portion of your direct deposit payments to grow your savings on autopilot.
Automatic Transfers
Arrange for funds to be transferred automatically from your checking to your savings each month so you don’t forget.
NCUA Insured
Savings accounts are federally insured for up to $250,000.
Flexible Deposits
Deposits can be made by cash, check, electronic transfer, or with mobile banking.
Personalized Service
We’re always just a phone call away if you have any questions. We’re here to support you every step of the way!
Open a Savings Account in 3 Easy Steps!
Apply Online
Click the button below to fill out our short application, or drop by a branch.
We’ll Contact You
We’ll reach out to you and let you know when your account is ready, typically within one business day.
Start Saving
Fund your account to start earning dividends.
Why Choose San Francisco FCU?
San Francisco FCU is a member-owned, non-profit financial institution in the San Francisco area. Instead of earning profits for distant investors, we focus on serving the local community with competitive rates, low fees, and personalized service.
We’re here to serve all of your banking needs. In addition to our savings accounts, we also offer checking accounts, low-rate loans and mortgages, and a variety of other banking products. Become a member today for banking that puts your needs first!
