Savings
- Regular Savings Accounts
- Money Market Accounts
- Certificate Accounts
- IRAs
- Club Accounts
- 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?
| Key Features |
|---|
| 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: December 1, 2024 and are Payable January 1, 2025
Share Rates
| Amount | Dividend Rate | APY** |
|---|---|---|
| $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 | 0.25% | 0.25% |
*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.