Savings ACCOUNTS


Membership at Alcoa Community Federal Credit Union requires opening a Share Savings, Monthly Dividend, or Share Certificate account. All deposits are insured up to $250,000.00 by the National Credit Union Administration (NCUA), an agency of the federal government.


Share Savings

Our Share Savings account is a great way to save for a rainy day, and usually pays higher dividends than most other financial institutions. You can open an account with as little as $5.00, and you may deposit as much as you like. You can deposit money through direct deposit, mail, ATM, or in person at our member service center. Our Share Savings account pays dividends on a monthly basis.


Monthly Dividend Savings

If you want a higher rate while maintaining flexibility and access to your larger nest egg, our Monthly Dividend Savings account may be just what you are looking for. Similar to a money market account, Monthly Dividend Savings earns higher dividends than our Share Savings account and allows unlimited transactions per month. A $20,000.00 minimum balance is required. Dividends are paid monthly, and the rate is subject to change monthly.


Share Certificate Account

A Share Certificate Account (comparable to a Certificate of Deposit at other financial institutions) is one of the safest ways to save for a longer-term goal, such as a vacation or a down payment on a car, boat or home.

Share Certificate Accounts always hold their original value and accrue interest over time, making them a secure means for retirement investing. We offer terms of 6 months, 1 year and 2 years. Our rates are competitive with other financial institutions in Saline County. If you find a higher share certificate or CD rate with a local financial institution, let us know, and if we have a similar product, we will match the rate and term! We pay dividends for the 1-year and 2-year Share Certificates on a quarterly basis and pay at term on our 6-month Share Certificate.


Club Savings Accounts

If you are saving for Christmas or for your vacation, ACFCU’s Club Savings accounts are the fit for you. Our Club Savings Accounts earn dividends monthly. Our Christmas Club accounts pay out in late October, just in time for your holiday shopping. Our Vacation Club accounts pay out in late April, just in time for your summer vacation!


IRA Account

Save for Retirement with an IRA.

An Individual Retirement Account, or IRA, is one of the most popular ways to save for your retirement. You can use payroll deduction, or add any amount up to the maximum amount allowed by law. Our IRA Share Account never carries a fee or activity charge. However, the IRS imposes a penalty for early withdrawal and allows only one rollover every 365 days.