Know your options
Regular savings
This is the first account every member gets. An opening deposit of just five bucks makes it painless to get started saving—and you earn almost double the national average.
- $5 minimum opening deposit and balance
- $50 minimum balance required to earn dividends
- May be used as an overdraft protection source
Money market
Tiered Annual Percentage Yield (APY) means the more you save, the more you earn. While most money market accounts have high deposit or opening balance requirements, our money market account has no minimum balance, no minimum opening deposit, and no monthly fees.
- No minimum opening deposit or balance
- Make deposits anytime
- May be used as an overdraft protection source
Supplemental savings
Still hiding emergency funds under your mattress? Our supplemental savings account is a perfect way to stash some cash for covering unexpected costs, large expenses, or special purchases.
- No minimum opening deposit or balance
- $50 minimum balance required to earn dividends
- May be used as an overdraft protection source
Goal savings
Saving money takes self-control—and it gets a lot easier when you've got a goal worth saving for. Goal Savings accounts help you visualize your target, track your progress, and manage it all in our mobile app.
- Set up to 5 Goal Savings accounts, each with a customizable goal.
- No minimum opening deposit or balance
- No early withdrawal fees
- No maturity date—you choose when to spend your savings
Holiday club
Rushing around and buying gifts all at once can be stressful. Holiday club accounts help you put away money throughout the year, and the funds you've saved automatically transfer into your regular savings account just in time for holiday shopping.
- No minimum deposit or balance required
- Open at any time during the year
- Funds transfer to your regular savings account on October 1
Vacation club
Take the stress out of getting away from it all. With a Vacation Club account, you can save up for the trip of a lifetime—a little at a time.
- No minimum deposit or balance required
- Open at any time during the year
- Funds transfer to your regular savings account on April 1
Youth club
For younger members, we offer two club options.
| Kids 1st Club | iMember Club |
|---|---|
| Ages 0-12 years | Ages 13-19 years |
| $5 minimum opening deposit | $5 minimum opening deposit |
| Free piggy bank for opening club account | Eligible to open a Checking Account |
| Small toy from treasure chest each time they make a $5 deposit at a local branch | Eligible for a Visa debit card |
| Eligible to apply for a Visa credit card |
Offerings that are anything but standard
You can get a savings account anywhere. Here's what makes saving with Members 1st different.
MyConcierge™
Have questions? Good thing your concierge has your back. Half personal sidekick, half financial wizard, your concierge knows money management like the back of their hand. Best of all, they're here whenever you need them.
Save for big plans—a little at a time
Whether you access your account online or through our mobile app, you'll be able to create simple, customized goals that help keep your savings on track. And if you ever have questions, we offer 24/7 support.
Rates that grow your money
Your goals may be closer than you realize—our certificate dividend rates are often higher than the national average.
Resources
How to Budget by Paycheck
Money tight? This budgeting method will help you cover your expenses based on when your paycheck arrives.
Read More
How to Create a Budget on a Low Income
No matter how much you earn, you can save, spend and strategize your way to a secure financial future with these budgeting tips.
Read More
Pay Yourself First Budgeting
Reach your financial goals by prioritizing long-term savings within your budget plan, like retirement or a down payment on a home.
Read More
Common Questions
We make it easy to open your account online or in person at a branch.
You only need a $5 minimum opening deposit and balance in a Regular Savings Account to get started. Our certificate accounts require a minimum $500 opening deposit.
Both are savings accounts. A traditional savings account requires a small initial opening deposit and balance. You can add funds or withdraw funds at any time. Money markets are tiered savings accounts that offer higher dividend rates based on your account balance. You may access your funds at any time. Money markets are designed for longer term savings without being locked into a set saving term like a certificate.
Good question! You can make as many withdrawals or transfers from your savings account as you want.
Account Opening Disclosures
Get started in three easy steps
Open a Members 1st savings account with a $5 minimum opening deposit
Create personalized savings goals
