Savings Accounts
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Savings Account
Whether you're saving for a new home, a new addition, or a rainy day, OE Federal's spectrum of savings accounts has got you covered. We know that no matter where you are in your journey, you've got something worth saving for. That’s why if you're a member of the credit union, you've got a savings account already.
- $5 minimum account required for membership
- IRA and Money Market accounts available
- Up to three free withdrawals per month
- Free online banking
- Free mobile banking
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Savings
MINIMUM INITIAL DEPOSIT: $5
| MIN. TO EARN DIVIDEND | ANNUAL PERCENTAGE YIELD | COMPOUNDING PERIOD |
| $5 | 0.03% | Monthly |
| $100 | 0.03% | Monthly |
| $5,000 | 0.04% | Monthly |
| $20,000 | 0.05% | Monthly |
| $50,000 | 0.07% | Monthly |
All rates are subject to change without notice. For the most up-to-date rates, please call Member Services at 800.877.4444. The Annual Percentage Yield (APY) stated for all accounts is accurate as of the date listed. Annual Percentage Yield assumes deposits, and dividends paid, are held to maturity. Penalties may be applied for early withdrawal on term accounts. Fees could reduce actual earnings. Refer to “Terms and Conditions” for other account information.
Information accurate as of January 5, 2021.
Savings Accounts Fees
| Withdrawal in excess of 3 per month | $3.00 |
| Re-open Closed Account | $10.00 |
| Monthly Maintenance (non-member) | $4.00 |
Savings Calculator
“The best time to plant a tree was 20 years ago. The second best time is now.” – Chinese Proverb (edited)
Frequently Asked Questions
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What are the fees associated with OE Federal savings accounts?
You have 3 free withdrawals per month. After that, there is a $3.00 fee per withdrawal. There is also a $4.00 monthly fee for non-members.
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What types of savings accounts do you have?
We have Regular Share savings accounts available to all. We also have IRA Contributory Shares and Money Market accounts.
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What is the minimum balance required?
These are the minimum balances our savings accounts require:
- $5 for Regular Share
- $100 for IRA Share accounts
- $1,000 for IRA Certificate accounts
- $1,000 for Money Market