Savings
Learning to save and manage money is a valuable skill, no matter what the age. Northeast Credit Union can help with the right savings account to help our members achieve their savings goals.
MyFundsSM - This special savings account is designed for members who are 13 years of age and younger. MyFunds Savings accounts features a higher than market rate on the first $500 deposited so children can really see their savings grow.* Student Savings - This savings account grows with members and is perfect for youth ages 14-22. With a a higher than market rate on the first $500 deposited, members will be well on their way to meeting their savings goals.* College Savings - This special account helps young savers plan for their future and rewards them with a $1,000 dividend gift! Plus, College Savings accounts feature a higher than market rate on the first $500 deposited.
Silver LiningSM - This innovative share account, for members with an NECU checking account, rewards savers with a higher than market rate on the first $500 deposited. It is designed to encourage members to save by either starting or growing an emergency fund for those unexpected expenses and the rising cost-of-living.
Shares (Savings) With no monthly or annual fees, you'll save more money in less time. Whether your goal is to save for household expenses, something special or holiday gift giving, our Share Savings Accounts will help.
Money Markets Account (MMA) - Maximize your savings with a high-yield Money Market Account. The guaranteed rate of return and low risk is a great financial tool for those who are looking for stability in today's market.
Certificates of Deposit (CD) - When looking for a low-risk investment for their hard-earned cash, many Americans turn to certificates of deposit (CDs). In combination with recent market volatility, advertisements for CDs with attractive yields have generated considerable interest in CDs.
Individual Retirement Account (IRA) - Every dollar counts when you're saving for retirement, and an Individual Retirement Account (IRA) allows you to make the most of every dollar you save. If you're not taking advantage of an IRA, you may be missing out on an exceptional opportunity to accumulate tax-deferred monies that you will be able to enjoy during retirement. How to plan for your retirement is one of the most important decisions you will have to make.
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