If you’re looking for a higher rate account to store a lump sum of money, but aren’t sure you want to lock it away for several months or years, a Money Market Account is a good choice for you. At OE Federal, you’ll receive a higher dividend rate than your typical savings account but still have access to your money whenever you need.
Youth Accounts not only encourage the development of savings habits, they also promote financial education for the entire family. So, start 'em young with a Youth Account that offers FUN educational resources and awesome gameboards where they get a chance to win!
Available for kids and teens up to 17
Deposit $5 to open – No minimum balance to maintain
OE Federal’s Individual Retirement Accounts (IRA) make it easy to start saving some of your hard-earned cash for when you’re ready to retire. Whether you open a Traditional IRA or a Roth IRA, you will be ready to hang up your hardhat and enjoy your golden years when the time comes.
If you're looking for higher interest rates and peace of mind, a Share Certificate is the way to go. By agreeing to let your money sit for a certain period of time, you’ll earn more money than a savings account without the risk that comes with stock investments.
If you're looking to invest in your kid's education and future, a Coverdell ESA is the right place to start. This type of account offers tax-free growth and withdrawals when money is spent on education expenses. So, when the time comes, your student can focus on hitting the books and you can breathe easy knowing you already have a savings in place.
This account is perfect for setting aside money you know you'll need in the future for your kid's education. By agreeing to let your money sit for a certain period of time, you’ll earn more money than a savings account without the risk that comes with stock investments.
Minimum deposit of $1,000
Terms as short as 3 months, up to 5 years
Avoid penalties by completing your term
Perfect for socking away educational savings
The longer it sits, the bigger the reward
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