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Savings Accounts

The first step to saving more starts here. Explore all the accounts that can help you reach your financial goals faster.¹

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Savings made simple

Put your savings goals in reach with an account tailored to your needs.

Multiple account options
SECU offers a range of accounts to set aside money safely for what matters to you.
Competitive rates
Put your savings to work with competitive dividend and interest rates.
24/7 access
Access your account online anytime via Member Access and our Mobile App.

What type of savings do you need?

Share Account

Membership with SECU starts by opening a Share Account. From there, members can unlock all other products and services that SECU offers.

Additional account information:

Minimum opening deposit: $25
Minimum balance: $25²
Competitive dividend rate.³ View our current Share and Deposit Rates.

Find a branch Learn more

Share Term Certificate (STC) Account

Unlock a higher interest rate on your savings when you invest funds in an STC Account with 6- to 60-month terms.

Additional account information:

Minimum opening deposit: $250
Minimum balance: $250
Competitive interest rate.⁴ View our current Share and Deposit Rates.

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Money Market Share Account

Build your savings in an account that offers increased earnings and maximum accessibility. Money Market Share Accounts generally earn higher dividends³ than regular Share Accounts and are more flexible than Share Term Certificates.

Additional account information:

Minimum opening deposit: $250
Minimum balance: $250⁵
Competitive dividend rate.³ View our current Share and Deposit Rates.

Open account Learn more

Holiday Cash Club Account

Set money aside for holiday spending with a Holiday Cash Club Account. Receive an automatic deposit with dividends in October.

Additional account information:

No minimum opening deposit
No minimum balance
Competitive dividend rate.³ View our current Share and Deposit Rates.

Open account Learn more

Summer Cash Account

Our Summer Cash Account helps school system employees paid 9, 10, or 11 months out of the year save during the school year and receive a deposit including dividends earned in the summer.

Additional account information:

No minimum opening deposit
No minimum balance
Competitive dividend rate.⁶ View our current Share and Deposit Rates.

Open account Learn more

FAT CAT® Share Account

Designed for children up to 12 years of age, the FAT CAT Share Account⁷ allows young members to save and watch their money grow. The account also comes with other fun perks, including a dedicated website and newsletter.

Additional account information:

Minimum opening deposit: $5⁸
$1,000 of Group Term Life Insurance at no cost⁹
View our current Share and Deposit Rates

Find a branch Learn more

Zard® Share Account

Designed for youth ages 13-19, a Zard Share Account¹⁰ can be opened individually or joint with a parent, grandparent, or other responsible individual, as long as the teen is eligible for membership.

Additional account information:

Minimum opening deposit: $25
Minimum balance: $25²
$1,000 of Group Term Life Insurance at no cost⁹
View our current Share and Deposit Rates

Find a branch Learn more

Coverdell Education Savings Account (CESA)

Save funds to pay for qualified education expenses for a designated recipient under the age of 18 (or any age for a special needs beneficiary).¹¹ Watch your earnings grow tax-free.¹²Account eligibility requirements apply.

Additional account information:

Minimum opening deposit: $25²
Competitive dividend rate.³ View our current Share and Deposit Rates.

Open account Learn more

Share Account

Membership with SECU starts by opening a Share Account. From there, members can unlock all other products and services that SECU offers.

Additional account information:

Minimum opening deposit: $25
Minimum balance: $25²
Competitive dividend rate.³ View our current Share and Deposit Rates.

Find a branch Learn more

FAT CAT® Share Account

Designed for children up to 12 years of age, the FAT CAT Share Account⁷ allows young members to save and watch their money grow. The account also comes with other fun perks, including a dedicated website and newsletter.

Additional account information:

Minimum opening deposit: $5⁸
$1,000 of Group Term Life Insurance at no cost⁹
View our current Share and Deposit Rates

Find a branch Learn more

Zard® Share Account

Designed for youth ages 13-19, a Zard Share Account¹⁰ can be opened individually or joint with a parent, grandparent, or other responsible individual, as long as the teen is eligible for membership.

Additional account information:

Minimum opening deposit: $25
Minimum balance: $25²
$1,000 of Group Term Life Insurance at no cost⁹
View our current Share and Deposit Rates

Find a branch Learn more

Share Term Certificate (STC) Account

Unlock a higher interest rate on your savings when you invest funds in an STC Account with 6- to 60-month terms.

Additional account information:

Minimum opening deposit: $250
Minimum balance: $250
Competitive interest rate.⁴ View our current Share and Deposit Rates.

Open account Learn more

Money Market Share Account

Build your savings in an account that offers increased earnings and maximum accessibility. Money Market Share Accounts generally earn higher dividends³ than regular Share Accounts and are more flexible than Share Term Certificates.

Additional account information:

Minimum opening deposit: $250
Minimum balance: $250⁵
Competitive dividend rate.³ View our current Share and Deposit Rates.

Open account Learn more

Holiday Cash Club Account

Set money aside for holiday spending with a Holiday Cash Club Account. Receive an automatic deposit with dividends in October.

Additional account information:

No minimum opening deposit
No minimum balance
Competitive dividend rate.³ View our current Share and Deposit Rates.

Open account Learn more

Summer Cash Account

Our Summer Cash Account helps school system employees paid 9, 10, or 11 months out of the year save during the school year and receive a deposit including dividends earned in the summer.

Additional account information:

No minimum opening deposit
No minimum balance
Competitive dividend rate.⁶ View our current Share and Deposit Rates.

Open account Learn more

FAT CAT® Share Account

Designed for children up to 12 years of age, the FAT CAT Share Account⁷ allows young members to save and watch their money grow. The account also comes with other fun perks, including a dedicated website and newsletter.

Additional account information:

Minimum opening deposit: $5⁸
$1,000 of Group Term Life Insurance at no cost⁹
View our current Share and Deposit Rates

Find a branch Learn more

Zard® Share Account

Designed for youth ages 13-19, a Zard Share Account¹⁰ can be opened individually or joint with a parent, grandparent, or other responsible individual, as long as the teen is eligible for membership.

Additional account information:

Minimum opening deposit: $25
Minimum balance: $25²
$1,000 of Group Term Life Insurance at no cost⁹
View our current Share and Deposit Rates

Find a branch Learn more

Coverdell Education Savings Account (CESA)

Save funds to pay for qualified education expenses for a designated recipient under the age of 18 (or any age for a special needs beneficiary).¹¹ Watch your earnings grow tax-free.¹²Account eligibility requirements apply.

Additional account information:

Minimum opening deposit: $25²
Competitive dividend rate.³ View our current Share and Deposit Rates.

Open account Learn more

Terms and conditions apply. See SECU’s Fees and Terms for more information.
A $1 monthly maintenance fee is charged if the account is below the minimum balance on the statement date.
Dividend rate and annual percentage yield (APY) are variable and subject to change daily at the discretion of the Board of Directors.
Interest rates and APYs are fixed for the term of the certificate. Rates, minimum deposit requirements and maturity dates for new accounts are subject to change daily at the discretion of the Board of Directors. Fees and/or penalties imposed for early withdrawal may reduce earnings on the account.
The minimum balance to earn dividends on Money Market Share Accounts is $250. If the balance falls below $250 at any time during a statement period, a $2 monthly maintenance fee is assessed.
The Summer Cash Account dividend rate and APY are not subject to change daily. The APY is established each program year to equal to the 12-month STC rate on August 1, regardless of when the account is opened, and remains in effect until the next adjustment period. The rate adjusts each program year on August 1 for June-July accounts and September 1 for July-August accounts.
FAT CAT Share (savings) Accounts can be opened at a branch for young members who are eligible for membership and must be joint with a parent, grandparent, or other responsible adult who is an existing member with a regular Share Account.
Withdrawals are allowed when the balance exceeds $25.
FAT CAT and Zard Group Term Life Insurance is provided by SECU Life Insurance Company. SECU Life Insurance Company is a wholly-owned subsidiary of State Employees' Credit Union. Life Insurance is not guaranteed by, or an obligation of, any credit union and is not insured by NCUA or any other federal government agency. Insurance representatives are licensed to sell in North Carolina only.
Zard Accounts can be opened at a branch for teen members who are eligible for membership.
A special needs designated beneficiary is an individual who, because of a physical, mental, or emotional condition (including learning disability), requires additional time to complete his or her education, as determined by the Department of Treasury Regulations. Consult a tax advisor to determine if the designated beneficiary qualifies as a special-needs designated beneficiary.
Rules about distributions from Coverdell IRAs and any resulting tax consequences are governed by the Internal Revenue Code. Please consult your tax advisor if you have any questions.