Deposit Products
Florida State Employees Federal Credit Union has a variety of savings and investment options to suit your financial needs.
Share Savings Account
A $25 minimum deposit is required to open and maintain your Share Savings Account. Receive dividends from the date of deposit to date of withdrawal on your account. These dividends are paid to you on the last day of each month.
Christmas Club Account
Keep your Christmas money in it's own separate account to build up for the holidays while it is earning dividends. In November the funds in your Christmas Club account will be automatically transferred to your Regular Share Savings account just in time for holiday shopping. No minimum deposit required.
Special Share Savings Account
Use this special savings account to save for a vacation, for insurance, or a special project coming up. No minimum deposit required.
| Account | Annual Percentage Yield | Dividend Rate | Minimum Balance |
|---|---|---|---|
Share Savings |
1.00% |
1.00% |
$25.00 |
Christmas Club |
1.00% |
1.00% |
None |
Special Share Savings |
1.00% |
1.00% |
None |
The Dividend Rate and Annual Percentage Yield are accurate as of 10/01/2008.
Fees can reduce the earnings on any of the accounts listed herein.
Share Draft/Checking Account
No minimum deposit requirement. No application fee and no per-check charge. Unlimited check writing with no service charge fee. You can enjoy peace of mind with overdraft protection from any share/savings account, line of credit, or Courtesy Pay funds. (Available upon qualifying) For more information on overdraft protection, please contact the credit union. For details on Courtesy Pay, refer to the article on the Member Services page.
Student Checking 101
For students under the age of 25 with a valid college ID. No minimum deposit or balance required. No monthly service charge for checking. Unlimited check writing. No monthly service charge for Visa Quik Check Card with unlimited check card transactions. Free ATM access at any ATM machine carrying the CU24 logo.
A $25 minimum deposit is required to open and maintain your Share Savings Account. You must have a Share Savings account in order to open a checking account. After age 25, Student Checking 101 account will convert to the basic Share Draft/Checking account.
Term Share Certificates
With a minimum of $1,000 you can invest in a Term Share Certificate. We offer competitive yields and terms on certificates ranging from 90 days up to 36 months. A penalty may be imposed for early withdrawal.
| Certificate | Minimum Deposit | Rate | Annual Percentage Yield (APY) |
|---|---|---|---|
90 Day |
$1,000 |
3.40% |
3.45% |
6 Month |
$1,000 |
4.50% |
4.59% |
12 Month |
$1,000 |
4.60% |
4.70% |
24 Month |
$1,000 |
4.70% |
4.80% |
36 Month |
$1,000 |
4.75% |
4.85% |
IRAs
To help you plan for retirement, we offer Traditional, Roth and Education IRAs. Our retirement accounts are invested in 18- or 36-month certificates with competitive rates and yields. A penalty may be imposed for early withdrawal.
| Type | Term | Minimum Deposit | Rate | Annual Percentage Yield (APY) |
|---|---|---|---|---|
Traditional, Roth, Education |
18 Month |
$100 |
4.65% |
4.73% |
Traditional, Roth, Education |
36 Month |
$100 |
4.75% |
4.84% |
The Dividend Rate and Annual Percentage Yield are accurate as of 10/01/2008.
Florida State Employees Federal Credit Union1645 E Nine Mile Road | P.O. Box 11003 | Pensacola, FL 32524
Phone: 850-474-1400 | Toll Free: 888-438-5579
Fax: 850-474-8961 | Contact Us
