Savings Products
Ready to save? Security First Credit Union has several savings products to match your needs and future goals. Give us a call or stop in to one of our Branch Locations to learn more about how we can help you save! 956-661-4000
Minimum deposit to open: $5.00
Establishes your membership with SFCU
Set up direct deposit for continued savings
Link to your SFCU checking account for Overdraft Protection
Minimum monthly balance to earn dividends: $100.00
* Dividends paid monthly
* Dividends paid on a tiered balance method on the average daily balance
Minimum deposit to open: $1.00
Minimum balance to earn dividends: $1.00
Available for children up to the age of 18
Dividends paid on a tiered balance method on the average daily balance
Sign up for our FREE Kids Club (available for ages 5 to 12)
Minimum deposit to open: $2,500.00
Minimum balance to earn dividends: $2,500.00
Dividends paid on a tiered balance method on the average daily balance
Link to your SFCU checking account for Overdraft Protection
Minimum deposit to open: $50.00
* Dividends paid monthly on an average daily balance.
* IRA Share accounts available in Traditional, Roth, and Coverdell
* IRA rules apply to this account for withdrawals and contributions
Minimum deposit to open: $10.00
* Dividends paid monthly on an average daily balance.
* Funds in the account are automatically sent to the account holder on November 1st.
* Any withdraws done during the year will be assessed a $10.00 fee.
Share Savings
(Rates based on average daily balance)
| Type of Account | Minimum Deposit | Balance of Earn Dividends | Dividend Rate | APY* |
|---|---|---|---|---|
| Regular Share Account | $5.00 | $100.00 and greater | 0.25% | 0.25% |
| Young Member Account | $1.00 | $1.00 and greater | 0.30% | 0.30% |
| IRA Club Account | $50.00 | $50.00 and greater | 0.35% | 0.35% |
| Holiday Club Account | $10.00 | $10.00 and greater | 0.15% | 0.15% |
| Business Savings | $5.00 | $50.00 and greater | 0.15% | 0.15% |
Money Management
(Rates based on average daily balance)
Minimum Deposit: $2,500.00
| Balance of Earn Dividends | Dividend Rate | APY* |
|---|---|---|
| Tier 1 $2,500.00-24,999.99 | 0.15% | 0.15% |
| Tier II $25,000.00-49,999.99 | 0.25% | 0.25% |
| Tier III $50,000.00- 99,999.99 | 0.30% | 0.30% |
| Tier IV $100,000.00 and greater | 0.35% | 0.35% |
The Board of Directors, as required by law, reviewed and set the rates to be paid on the following accounts effective April 1, 2023. Rates are subject to change without prior notice. For further information regarding applicable fees and terms, contact an employee at any Security First Credit Union Office.
*APY – Annual Percentage Yield. Minimum average daily balance required to obtain the APY for the dividend period.
Your Security First Credit Union deposits are insured by the NCUA.
The National Credit Union Administration, a US Government agency, insures SFCU deposits up to $250,000, per individual depositor.
Learn more about how your accounts are federally insured – click here
