SAVINGS
Savings
SAVINGS
Made to save.
Make saving easier with automatic tools, savings interest, and youth and holiday accounts.
$100 FOR YOU! $100 FOR THEM!
Refer a Friend for $100
Refer a friend to open their first checking account with Columbia CU and we’ll deposit $100 into BOTH of your accounts. Just our way of saying thanks—and welcome! And, a great way for you to share the value offered through Columbia Credit Union membership with your friends and family.
$100 FOR YOU! $100 FOR THEM!
Refer a Friend for $100
Refer a friend to open their first checking account with Columbia CU and we’ll deposit $100 into BOTH of your accounts. Just our way of saying thanks—and welcome! And, a great way for you to share the value offered through Columbia Credit Union membership with your friends and family.
12-MONTH CERTIFICATE
Save for what matters with a 4.00% APY1 CD.
Earn 4.00% APY on savings balances over $10,000 with our 12-month certificate—plus more great 12-month CD rates for other balance amounts.
- $500 minimum
- Personal, IRA or Business Certificates
12-MONTH CERTIFICATE
Save for what matters with a 4.00% APY1 CD.
Earn 4.00% APY on savings balances over $10,000 with our 12-month certificate—plus more great 12-month CD rates for other balance amounts.
- $500 minimum
- Personal, IRA or Business Certificates
Stash Your Cash
Grow your savings automatically with every purchase.
IRA Planning
Save for retirement, college, and your family's future.
Money Market
Earn higher savings interest with a Money Market account.
Automatic Transfers
Transfer funds in the event of an overdraft.
CERTIFICATE ACCOUNTS
Plant it. Leave it. Watch it grow.
Plant some funds for a fixed term and watch savings interest grow faster than a savings account.
- Earn high dividends on your money by planting them in a Certificate Account for a fixed term
- Tiered rates
- Terms from 3 months to 5 years
- Minimum balance as low as $500
- Automatically renewable at then-current market rates
CERTIFICATE ACCOUNTS
Plant it. Leave it. Watch it grow.
Plant some funds for a fixed term and watch savings interest grow faster than a savings account.
- Earn high dividends on your money by planting them in a Certificate Account for a fixed term
- Tiered rates
- Terms from 3 months to 5 years
- Minimum balance as low as $500
- Automatically renewable at then-current market rates
Regular Savings
Start growing your savings with a Regular Savings account that earns dividends.
- Two free withdrawals a month; $0.50 thereafter
- No monthly fee if under age 19, an additional deposit or loan under same tax ID, or minimum balance of $300; otherwise $3
- Dividends paid on daily balance to $0
- $5 minimum to open
Achiever's Club Savings
Learn how to save with an Achiever’s Club savings account for youth under age 19.
- Six free withdrawals per month; $0.50 thereafter
- No monthly fee
- Dividends paid on daily balance to $0
- Automatically converts to Regular Savings account on 19th birthday
- $5 minimum to open
Holiday Club Savings
Save up for the holidays automatically with a Holiday Club savings account.
- Balance automatically transfers to designated savings or checking account on Nov. 1 every year
- $1 Minimum to open
- Dividends paid on daily balance to $0
- No monthly fee
- Withdrawals can be made at branches or with Member Service Call Center
YOUTH CERTIFICATES
Achiever's Club Youth Certificates
Let your kids learn about money management with a certificate for youth under age 19.
- Certificate Account designed to teach those under age 19 about money management while earning high dividends on their savings
- Tiered rates
- 12 month term
- Minimum balance to open as low as $100
- Add funds anytime
- Automatically renewable at then-current market rates until member is 19 years old
YOUTH CERTIFICATES
Achiever's Club Youth Certificates
Let your kids learn about money management with a certificate for youth under age 19.
- Certificate Account designed to teach those under age 19 about money management while earning high dividends on their savings
- Tiered rates
- 12 month term
- Minimum balance to open as low as $100
- Add funds anytime
- Automatically renewable at then-current market rates until member is 19 years old
Money Market Account
Earn higher dividends on your savings while maintaining flexibility.
- Earn higher savings interest without having to maintain high minimum balances
- Tiered rates
- No monthly fee with minimum balance of $1,500; otherwise $8 per month
- Unlimited in-person withdrawals or transfers
- No dollar limitations on withdrawals
- Free personalized checks
- 24/7 access through Online and Mobile Banking
Money Market Bonus Dividend Plan
Put your savings into overdrive. Earn an increased dividend rate on your Money Market Account (not available for Premium Money Market Accounts) in 3 easy steps:
- Enroll by calling, emailing, or using the Digital Assistant
- Have an open checking account with a minimum balance of $2,500 and the same Tax ID as your money market
- Establish either a direct deposit into your checking account or an automatic loan payment from your checking account
Premium Money Market
Earn higher rates on your high-balance savings.
- Enjoy the same Money Market convenience and liquidity but with higher rates for high balances
- $100,000 minimum to open and earn dividends
- Tiered rates
- No monthly fee
Save for retirement, college, and your family's future.
Traditional IRA
Save for your family’s future with a tax-deferred Individual Retirement Account.
- Tax-deferred retirement savings contributions
- Contributions can be made when you have earned income
- Deductions may be limited if you (or your spouse) are covered by a retirement plan at work and your income exceeds certain levels. See IRS.gov for more details
Roth IRA
A retirement account for those who want tax-free growth and tax-free withdrawals.
- Non-tax deductible retirement savings contributions that feature tax-free withdrawals on your earnings after 5 years and when you reach 59 ½ years or a qualifying event
- Contributions might be limited based on your tax filing status and income
- A contribution phase-out period applies to contributors whose income falls within the phase-out range
Coverdell Education IRA
Start building that college fund with an education-specific IRA.
- Tax-deferred investment account created for paying education expenses on behalf of a beneficially (up to the age of 18)
- Anyone can contribute but the total contribution limit is $2,000 per year per beneficiary
- Individuals must earn less than $110,000 if filing single, and $220,000 if joint filing, to make a contribution
- A contribution phase-out period applies to contributors whose income falls within the phase-out range
Financial education lesson
Individual Retirement Accounts (IRAs)
Learn about the features, benefits, and different types of IRAs as tools for retirement savings.
¹APY=Annual Percentage Yield. APYs are available and accurate as of November 21, 2023 and may be discontinued at any time without notice. Available for personal, IRA and business certificates. $500 minimum to open and earn dividends. For 12-month certificate: 3.95% APY up to $9,999.99, 4.00% APY for $10,000.00 – $49,999.99, 4.20% APY for $50,000 – $99,999.99, 4.50% APY for $100,000 or more. Penalty may be imposed for early withdrawal. Membership required.