Savings Accounts

Financial freedom and peace of mind begins with personal savings. At AFL-CIO Employees Federal Credit Union, our purpose is to help you achieve your savings goals for the future.

Savings Account Options

Regular Share Accounts

Open your savings share account with just $5 and you’re on your way to experiencing the finest of credit union services. Download our Membership Application.

Holiday Club

Save for the holidays effortlessly. By putting a small amount in your club account on a regular basis, you’ll have a tidy sum by the time the holiday season arrives. We’ll mail a check to you or transfer your funds into your Regular Share Savings account in early November.

Money Market Accounts

Get the freedom, flexibility, and security you desire with the access you need. Write yourself a check or transfer the funds when you need them, and get a competitive market rate that increases as your balance increases. A $2,500 minimum deposit and a three-withdrawal per month restriction apply.

Share Certificates

Share Certificates are one of the most popular high-yield investments; they offer a low-risk, stable, federally-insured savings option with a competitive rate of return. We offer both Regular Certificate and IRA Certificate accounts for terms ranging from 6 to 60 months, with a minimum $1,000 deposit. You’ll receive a competitive rate that is guaranteed throughout the term, and you’ll begin earning dividends from the day of deposit.

IRA Accounts

Whether you are considering a Traditional, Roth, or Education IRA, your credit union is your source for competitive IRAs. All you have to do is select an IRA to meet your needs! Contact the credit union to open an IRA.

Share Savings Insurance

The share insurance at AFL-CIO Employees Financial is similar to deposit insurance provided by the National Credit Union Administration (NCUA).
Share accounts in federally insured credit unions are insured up to $250,000, an amount equal to the insurance protection offered by the NCUA. Generally, if a credit union member has more than one account in the same insured credit union, those accounts are added together and are insured up to $250,000 (including Checking Accounts).

There are exceptions, however. If a member has a regular share account and an Individual Retirement Account in the same credit union, each account is insured up to $250,000.