Savings

Opening this account makes you a member-owner of Casco FCU, not just a customer. A $25 deposit into your share account establishes your membership and your ownership in the credit union. 

 

• $25 minimum deposit to open
• Earn competitive dividends on entire balance (paid monthly)
• No monthly service fees
• No monthly minimum balance requirement
• Free Online & Mobile Banking access
• Free e-Statements

Club accounts help you save year-round for the holidays, vacations, or whatever life has planned next. Earn competitive dividends along the way, and rest easy knowing the funds will be there when you need them most.

 

• No minimum deposit to open
• No monthly service fees
• No monthly minimum balance requirement
• Make saving effortless with automatic transfers
• Transfer money from Checking, Savings or Payroll
• Earn competitive dividends, paid monthly
• Free Online & Mobile Banking access
• Free e-Statements

An HSA helps you prepare for medical expenses while earning dividends and enjoying tax advantages.* There are no monthly or annual fees, and you can easily use your debit card to pay for qualified healthcare costs. Any money you don’t use stays in your account and rolls over year after year, helping your savings continue to grow. 

 

• No minimum deposit to open
• Health savings with tax advantages*
• Contributions are tax deductible
• Works with your high-deductible health plan
• No setup fees or annual fees
• No minimum balance requirements
• Savings roll over from year to year
• Easily access fund by debit card
• Free Online & Mobile Banking access
• Free e-Statements

Share Certificates offer risk-free savings on balances of $500 or more, with competitive fixed rates that outperform standard savings accounts. Pick the term that works for you, let your money sit tight, and enjoy the rare feeling of knowing exactly what you’re going to earn.

 

• $500 minimum deposit to open
• Guaranteed earnings on balances of $500 or more
• Risk-free savings option
• Earn a competitive rate higher than standard savings rates
• Receive higher rates by selecting a longer term
• Dividends compound, and are paid monthly
• Wide range of terms available (6 months to 5 years)
• Dividends can be reinvested in a share certificate, or transferred to another Casco FCU account
• No setup or maintenance fees
• No penalties for withdrawal of dividends earned
• Penalty applies for early withdrawal of principal amount*
• NCUA insured up to $250,000

With competitive tiered rates on balances of $2,000 or more, a Money Market Account rewards your money for leveling up. Plus, you get enhanced access to your funds—and up to six free withdrawals a month, just in case your money needs to stretch its legs.

• $2,000 minimum balance required
• Maximize earnings on your average daily balance of $2,000 or more
• Earn competitive, tiered dividends
• The higher your balance, the higher your rate!
• Enhanced access to your funds*
• Up to 6 withdrawals per month (of at least $500)
• No monthly service fee
• Free Online & Mobile Banking access
• Free e-Statements

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*Withdrawals must be a minimum of $500, limited to six per month. No automatic transfers of loan advances allowed. Minimum balance of $2,000 required to obtain the disclosed Annual Percentage Yield. No dividends will be paid if the average daily balance falls below $2,000. Money Market Accounts are subject to account service fees as listed in our account service fee schedule. 

Traditional vs. Roth
Depending on your retirement goals, you may want to open a Traditional IRA or a Roth IRA. We can help you find which IRA is right for you — simply contact us or stop by one of our locations for answers to your IRA questions. 

 

Traditional IRA 
This option offers income tax-deferred earnings, and the possibility for income tax-deductible contributions. These tax advantages* make the Traditional IRA a powerful tool in creating a balanced, long-term savings plan. 

 

Roth IRA
The Roth IRA offers the possibility of income tax-free distributions*. Not only can a Roth IRA help with retirement needs, it can also help you save for other financial goals. Although it's not for everyone, the Roth IRA gives many members an easy and safe way to prepare for the future.