Account Types
UTFCU offers a variety of convenient savings account options that help you reach your goals.
Primary
Saving is made simple at UT Federal Credit Union. Open a Primary Savings Account with just a $5 deposit and start earning competitive dividends when you keep a minimum daily balance of $200.00, which are paid out quarterly. This savings share establishes your membership and makes you an owner of the credit union.
Once you're a member, you're a member for life, regardless of whether you move, change jobs or retire.
Interested in other savings options? Check out our other account types and our high-yield Share Certificates.
Choice
Keep your funds saved for special purposes separate from your primary savings. Saving for vacation? A project? Fun money? The choice is yours.
U Save Round-Up Account
Make saving effortless with U Save, our round-up savings account that turns spare change into serious savings. Every time you use your UTFCU debit card, your purchase is rounded up to the nearest dollar and the difference is automatically transferred to your U Save Round-Up account.
U Earn Savings
Maximize your savings with U Earn Savings, our new high-yield savings account designed to help you grow your money faster. With a competitive, tiered rate, you can earn even more when you pair your savings with a UTFCU checking account and regular direct deposits.
Rates
| Account | Dividend Rate | APY** |
|---|---|---|
| Regular Shares | 0.05% | 0.05% |
| Health Savings – $.01 and up | 0.10% | 0.10% |
| Holiday Club | 0.50% | 0.50% |
| Cumulative IRA | 0.10% | 0.10% |
| U Save Round-Up*** | 4.89% | 5.00% |
*Maintenance or activity fees could reduce earnings on the account. **APY = Annual Percentage Yield. Shares insured up to $250,000 by the NCUA, an agency of the Federal Government. IRAs are insured for up to $250,000. ***APY = Annual Percentage Yield. Rate effective 5.21.2025. Rate is subject to change or end at any time. No other deposit methods are permitted into the U Save account. Funds can be withdrawn at any time. Terms and conditions apply. Federally insured by NCUA. | ||
| Account | Dividend Rate | APY** |
|---|---|---|
| U Earn Savings*** - $25,000 - $99,999 | 2.96% | 3.00% |
| U Earn Savings*** - $100,000 - $249,999 | 3.45% | 3.50% |
| U Earn Savings*** - $250,000 and over | 3.93% | 4.00% |
*Maintenance or activity fees could reduce earnings on the account. **APY = Annual Percentage Yield. Shares insured up to $250,000 by the NCUA, an agency of the Federal Government. IRAs are insured for up to $250,000. ***APY = Annual Percentage Yield. Dividend rate displayed is subject to change without notice. This is a tiered account. Minimum deposit of $25,000. Higher dividends are earned when you maintain a UTFCU consumer checking account and receive at least $500 in total direct deposits per month. If qualifications are not met, account earns the regular share rate. Federally insured by NCUA. | ||