- Regular Savings Accounts
- Money Market Accounts
- Certificate Accounts
- Vacation Club
- Holiday Club
- Health Savings Accounts
- Uniform Transfer to Minors
Regular Savings Account
HFCU’s Regular Share Account is the basic savings account that all members* are required to have. Opening and maintaining this account represents membership* in Houston Federal Credit Union, giving members* ownership (1 share) and voting privileges.
Why choose HFCU’s Regular Share Account?
|Fixed dividend paid on entire balance in the account|
|The account may be used as collateral for a Share Loan|
|May be used for special purposes such as creating a personal escrow fund, saving for a down payment on a home or automobile, or building a rainy day fund for emergency purposes|
|Members may have their pay directly deposited into their account if employer provides Direct Deposit|
|NCUA insures the cumulative deposits of share-type accounts up to $250,000 (IRAs insured separately)|
|Only $5 required to open and maintain the account|
Rates Below Effective: September 1, 2023 and are Payable October 1, 2023
|$0.00 – $19,999.99||0.10%||0.10%|
|$20,000 – $99,999.99||0.15%||0.15%|
|greater than or equal to $100,000||0.20%||0.20%|
*Must be eligible for Houston Federal Credit Union membership and open a share savings account with a $5 minimum deposit in order to become a member and obtain any product or service.
**APY = Annual Percentage Yield.
Rates are subject to change monthly.
Fees and other conditions could reduce the earnings on the account.