Savings Accounts
Savings accounts to assist you in your financial journey
Save Money & Make Life A Little Easier with HFCU
Whether you’re saving for a walk down the aisle or a trip to a faraway shore, Heritage Financial Credit Union is here to get you where you want to be. With multiple savings account options, let’s hit your savings goals, together. By opening a savings account with as little as $0.01 you officially establish your membership with HFCU. If you are looking to become a member, you can open your savings account to establish membership online by clicking the button below. For more information on our savings products, continue scrolling on this page, stop into your local branch or call us at 845-561-5607.
Savings Accounts
A savings account is a secure deposit account offered by banks and credit unions that allows you to store money while earning interest on your balance. It is ideal for building an emergency fund, saving for future goals, or setting aside funds you don’t need for everyday spending. While you can withdraw money when needed, savings accounts typically limit the number of withdrawals per month to encourage long-term saving. Learn About our Savings Account types by clicking the buttons below.
| Product | Annual Percentage Yield (APY)1 | Balance to Earn Minimum APY | Minimum to Open Account | Dividend Rate4 |
|---|---|---|---|---|
| Additional Savings (Holiday, Vacation) | 0.01% | $500 | $0.01 | 0.01% |
| IRA Savings | 0.01% | $500 | $0.01 | 0.01% |
IRA Share Savings
Protect your future with an IRA
Save for the long-term. Whether you’re looking for a Traditional IRA to defer taxes until you’re retired, or the benefit of a Roth IRA for a tax-deferred return on investment, we have the solution to fit your needs. As long as you are under 70 ½ and earning income, you can establish and contribute to an IRA. You can even use the money for education needs through a Coverdell Education Savings Account. Simplify your contributions by using payroll deduction to automate deposits. Stop into your local branch or call us at 845-561-5607 with questions.
Savings & Money Market Disclosures
1Any Annual Percentage Yield (APY) provided in this disclosure assumes dividends will remain on deposit for at least one year for accounts with terms. Rates are effective as of 2/92026 and are subject to change at any time without notice. You may contact the Credit Union at (845) 561-5607 for current rate information. Fees, withdrawals, or other conditions could reduce earnings on any account. Rates may chance after account opening. Dividends are paid from current income and available earnings. All accounts are subject to the applicable terms and conditions set forth in the Membership Agreement & Disclosures, the Fee Schedule, and any agreement to which the Truth in Savings Disclosure and Membership Agreement references.
4Dividends are compounded quarterly and credited quarterly.
1 No early withdrawals are allowed on any IRA account or the member will be charged a penalty.