United Federal Credit Union 
How do you open an account online?
Online and mobile entry at United Federal Credit Union uses controls whose mix varies — check the institution's own security pages before acting.
New users start at registration by selecting I am a new user, entering their initial details, and receiving a secure access code to authenticate their profile. You will also create a unique phishing protection phrase during setup to confirm our site every time you sign in.
- Enter your personal contact details and residential address
How are your deposits kept secure?
Your deposits are insured through federal coverage rather than private commercial guarantees, giving you absolute protection up to standard legal boundaries.
United Federal Credit Union deposits are backed by $250,000 share insurance per member, per ownership category through the NCUA Share Insurance Fund.
How do APY and dividend calculations work?
Annual Percentage Yield reflects the total return earned on your money over a full twelve-month span when taking into account compounding periods.
Understanding how Annual Percentage Yield works and where to read the account's current rate helps you distinguish quoted figures from net cash earnings. Compound Interest on an interest-bearing account generates yield on prior payouts, while any difference between the quoted yield and the yield actually earned generally stems from fluctuating balances or mid-month transfers.
Note that annual earnings must be reported each spring on your 1099-INT tax reporting documentation.
Which savings account fits your current goal?
Choosing an account depends on whether you are building day-to-day liquidity, training a teenager to budget, or storing cash for a specific annual expense.
Explore United Federal Credit Union's savings account options — from Membership Savings, Achiever Savings and Youth Savings to Holiday Club and Money Market. With an Achiever Savings Account, get a competitive dividend rate with no minimum account balance, while our Youth Savings Account gives members under 18 a direct start on disciplined financial habits.
- Open a core share account to establish member ownership
- Set aside seasonal holiday funds with scheduled early-winter release
- Maintain quick liquidity for your core Emergency Fund
- Review savings vs certificates of deposit returns to weigh yield against lockup terms
What fees and balances apply to savings?
Most starter savings accounts carry small minimum balances, but avoiding monthly maintenance charges requires maintaining that cash floor throughout every statement period.
The flagship Membership Savings features a 0.05% APY and requires a $5.00 Minimum Deposit to establish your member stake. The monthlyFee is $0 with $300 minimum daily balance or qualifying account relationship; otherwise $3.00/month.
Keep in mind that historic rules under Regulation D withdrawal history originally capped monthly remote transfers at six per cycle, and keeping adequate funds prevents accidental service charges.
What documentation do you need to apply?
Applying requires proving your legal identity, current physical residency, and valid taxpayer status before any financial transfers can be authorized.
If you live or work across Michigan, Ohio, and neighboring markets, United Federal Credit Union welcomes your application through our online portal or local branches. You will need an unexpired state driver's license or passport, verifiable proof of address — and funding routing details.
Once active, the Unified User Experience keeps your account settings uniform across phone, tablet, and browser, and setting up automatic transfers and saving toward a goal will run smoothly from any device.
Worth knowing
- Online and mobile entry at United Federal Credit Union uses controls whose mix varies — check the institution's own security pages before acting.
- Your deposits are insured through federal coverage rather than private commercial guarantees, giving you absolute protection up to standard legal boundaries.
- Annual Percentage Yield reflects the total return earned on your money over a full twelve-month span when taking into account compounding periods.
Choosing between Core savings Tiers
| Your situation | Achiever Savings Account | Membership Savings |
|---|---|---|
| Maintaining an ongoing balance below $300 | Achiever avoids the $3.00 monthly fee since it carries no minimum account balance requirement. | Membership Savings triggers a $3.00 monthly fee unless tied to a qualifying relationship. |
| Establishing baseline credit union membership | Achiever serves as a secondary high-rate growth vehicle rather than primary membership equity. | Membership Savings requires $5.00 minimum deposit to fund your primary ownership share. |
| Building a dedicated emergency fund with maximum liquidity | Achiever provides flexible withdrawals with higher competitive dividends on variable balances. | Membership Savings provides baseline liquidity but yields a conservative 0.05% APY. |
Selection Criteria for UFCU deposit accounts
Decide based on baseline balance capacity, age limits, and liquidity timing. Maintaining under $300 daily incurs a monthly fee on core shares, favoring fee-free options. Provide a Social Security Number at setup.
Documents and details to have ready
- A valid license, passport, or state ID that confirms who you are
- A taxpayer identifier: Social Security number or ITIN
- The street address where you live and a usable phone or email
- Opening cash, or an electronic transfer, that reaches the disclosed minimum
Plan ahead
Savings projection tool
Expect some gap between this model and reality, since APY, tiers, and crediting can change — United Federal Credit Union keeps the current terms.4
Account facts
Product facts
- Youth Savings Account
- Have a little Member under 18 that you want to help start saving for the future?
- Monthly fee
- $0 with $300 minimum daily balance or qualifying account relationship; otherwise $3.00/month
- Minimum to open
- $5.00
As of September 01, 2026. Source: https://unitedfcu.com/bank/savings/membership-savings
Deposits
Deposit account rate guide
- Savings deposits Tiered yields may apply; interest compounds daily and is credited monthly.
- Rate 0.05%
- Checking Interest on qualifying balances with everyday account access.
- Rate Up to 5.00%
- Money market deposits The yield schedule follows account value, while monthly rules limit how often funds may be withdrawn.
- Rate 4.00%
- Certificates The certificate locks its rate for the term and applies a penalty to early withdrawals.
- Rate 3.95%
Any APY here can be updated later. The figure in force is available from United Federal Credit Union online or at a local branch. As of September 01, 2026. Source: https://unitedfcu.com/bank/savings/membership-savings.
Account details
(see account terms)
Key account details
| Withdrawal limits | transaction limits apply |
|---|---|
| Monthly fee | $0 with $300 minimum daily balance or qualifying account relationship; otherwise $3.00/month |
| Minimum opening deposit | $5.00 |
| Eligibility | for personal use; see account terms |
| Fee waiver | meet the balance requirement or set up qualifying direct deposit |
| Rate & APY | 0.05% |
APY in effect September 01, 2026, subject to change without notice. Source: https://unitedfcu.com/bank/savings/membership-savings.3
Compare accounts
Which savings account fits
Membership Savings
Who it's for: Regular savers who want steady access
- Key details
- Explore United Federal Credit Union's savings account options — from Membership Savings, Achiever Savings and Youth Savings to Holiday Club and Money Market.
Achiever Savings Account
- Key details
- With an Achiever Savings Account, get a competitive dividend rate with no minimum account balance.
Youth Savings Account
Who it's for: Students and younger account holders
- Key details
Details effective September 01, 2026, subject to change without notice. Source: https://unitedfcu.com/bank/savings/membership-savings
Come say hello
Just getting started with us?
We would rather quote you a real, current offer than print an old one here: ask us what is available for new members today and we will lay out the details.
Fees
Fees at a glance
- Ways to waive it: eStatements, a minimum balance, or qualifying direct deposit
- Outgoing wires: charged per outgoing wire; see the fee schedule
- Out-of-network ATM: the ATM owner may apply a surcharge1
- Monthly fee: $0 with $300 minimum daily balance or qualifying account relationship; otherwise $3.00/month
- Overdraft & returned-item fee: may apply; items are paid or returned at the institution's discretion2
Fees are subject to change — see the current fee schedule.
About these rates: "APY" means Annual Percentage Yield. As of the date shown, these rates apply; they may be revised without notice. Fees could reduce the interest you earn. For current rates, see the current rate sheet or contact United Federal Credit Union. Balance tiers determine the yield shown; higher tiers may pay more. Interest is calculated on the daily balance and credited on the account’s regular cycle. Certain tiers depend on meeting qualifying activity each cycle — ask for details.3
Things to know
- Third-party ATM operators may assess a surcharge for transactions at their machines. ↩
- The institution may pay overdraft items at its discretion; it is under no obligation to do so. ↩
- APY means Annual Percentage Yield and assumes funds remain on deposit for a full year; a withdrawal will reduce earnings. ↩↩
- Results are an estimate only and are not a commitment to lend or a guarantee of earnings. ↩
Open a United Federal Credit Union account
Start with a $5.00 opening balance to earn 0.05% APY on Membership Savings.
Savings accounts questions
Making deposits
- Are deposits in this credit union insured by the federal government?
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Yes, member funds are federally protected through the NCUA Share Insurance Fund. Your deposits receive backing up to $250,000 per member across individual ownership categories.
- How do I redirect direct deposit into my savings balance?
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Provide your employer's payroll office with your member number and our credit union routing transit details. You can designate your entire paycheck or establish a split allocation directly into separate savings goals.
Statements and documents
- Which documents must I show to verify identity for opening?
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You need an unexpired state ID, passport, or driver's license alongside your Social Security number. Having proof of current physical address ready ensures verification finishes without manual review delays.
Sending and moving funds
- Are there holds or transfer caps on new savings balances?
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Electronic ACH transfers and checks deposited to new accounts typically carry standard settlement holds of two to five business days. Funds remain secure during review and clear automatically into your available balance.
- How can I move money out of my account when needed?
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Transfers take place via digital banking, local branch visits, or surcharge-free partner network terminals. Web transfers process immediately between linked credit union shares, letting you manage your emergency fund without friction.
Account basics
- Which savings account fits best if I want zero balance rules?
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Achiever Savings Account fits best if you want no balance minimums. With an Achiever Savings Account, get a competitive dividend rate with no minimum account balance. If you need seasonal funds set aside, Holiday Club offers another dedicated path.
- What fees apply to a United Federal Credit Union savings account?
-
A standard Membership Savings carries a with $300 minimum daily balance or qualifying account relationship; otherwise $3.00/month. Maintaining that minimum daily cushion prevents this service fee entirely.
- How do I submit an application for Membership Savings online?
-
Start directly through our digital portal to complete the standard registration. You'll input personal credentials, fund the opening deposit, and receive account details once identity screening validates your submission.
- How are dividends calculated on a United Federal Credit Union savings account?
-
Membership Savings delivers an apy: 0.05% calculated on your daily balance. Dividends compound on a monthly cycle and deposit straight into the account balance on the final calendar day of each statement month.