Member Advantage Savings Account
A secure account to save up for your goals.
A Simple Savings Account With All the Perks
A secure savings account where you can earn interest and manage funds easily.
Low Minimum Balance
You only need $25 to open and maintain this account.
61,000+ Surcharge-Free ATMs
Get access to ATMs nationwide.
Easy Access
Access your account anytime, anywhere through Digital Banking.
No Hidden Fees
No monthly maintenance fee unless your account falls below the $25 minimum.
Insured
Your account is federally insured by NCUA up to $250,000.
Member Advantage Savings Account Rates
See all rates.
|
Opening Deposit |
Minimum Balance To Earn APY |
APY* |
Fees |
|---|---|---|---|
|
*APY – Annual Percentage Yield |
|||
|
Opening Deposit $25 |
Minimum Balance To Earn APY $500 |
APY* 0.12% |
Fees None |
What You Need To Open a Savings Account
Social Security Number
Identification
One valid form of primary identification (e.g., driver’s license, valid passport, or government-issued ID with photo and signature).
Field of Membership
You must live, work, worship, attend school, or volunteer in our area.
Savings Account FAQs
See all FAQs.
There is no limit to the number of savings accounts that you have. Keep in mind, though, that each account has a $25 minimum fee.
There are several ways to withdraw money or make payments from URW savings accounts. You can make withdrawals at a financial center, by ATM, or by transferring money to other accounts. You can also make payments using Bill pay in online banking and the mobile app.
No, there is no limit to the number of withdrawals you can make from a URW savings account. However, a daily withdrawal limit of $500 applies to all URW ATMs, other ATMs, and merchants that allow cash back. If you need to withdraw more than the daily limit, you can visit a URW branch or call and speak to a member representative. It’s important to keep track of your withdrawals to avoid exceeding the limit and incurring fees.
Interest is earned on a savings account based on the balance in the account and the interest rate. Interest is compounded daily and added to the account balance monthly.
There are five ways to view your activity:
- In the monthly or quarterly statement you opt to receive by mail or through email
- Sign on to online banking
- Use URW’s mobile app (must be enrolled in online banking)
- Call Teller Talk 1-877-793-5831
- Visit a financial center
Depending on the type of deposit you make at a URW financial center, ATM, or on a mobile device, your funds may be available immediately or the next business day. If you terminate the account before accrued dividends are credited, accrued dividends will not be paid.
There are a few exceptions that may delay your funds’ availability, including deposits for a large dollar amount or to a URW savings account that has been open fewer than 30 days. When making a deposit, be sure you understand when your money will be available so you can avoid overdrafts and fees. If you have any questions about your funds’ availability, talk to a URW representative by phone or at one of our financial centers.
An ATM card is primarily used for withdrawing cash from ATMs and checking account balances, while a debit card can be used for both ATM transactions and making purchases in stores or online. Debit cards offer more functionality, allowing users to make point-of-sale purchases and use them for online shopping, whereas ATM cards are limited to ATM transactions.
To change your legal name or legal title: Please bring a government-issued photo ID plus any additional documentation specific to your situation to any URW financial center.
If you are a co-owner or authorized user on the account: Please note that in order for us to remove your name, the account owner (or other co-owners) must accompany you to the financial center.
Reason for name change and documentation to bring in addition to a government-issued photo ID
- Legal name misspelling on your account: Birth Certificate
- Marriage: Marriage Certificate
- Divorce: Divorce decree
- Legal court order: Legal court order
- Adoption: Adoption certificate