Compare UW Credit Union Savings Account, Money Market, and CD rates with other banks and annuities (Up to 3.50%). UW Credit Union's Instagram Page UW Credit Union's LinkedIn Page UW Credit Union's Twitter Page UW Credit Union's Facebook Page Your savings is federally insured to … Apple and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. This account offers potential tax advantages and a higher dividend rate than regular savings. $0 with 2 Qualifying Services or $1,000 balance (otherwise $5/mo. Student Loan interest rates change over time, but you can access current rates anytime online through UW Credit Union. It was established in 1931 and as of September of 2020, it had grown to 653 employees and 290,291 members at 30 locations.University Of Wisconsin Credit Union has an A health rating. ****Credit Cards: The rate is based on your creditworthiness. For balances of $10,000 or greater, the APY will be no less than the index minus 1.10%; for balances of $50,000 or greater, the APY will be no less than index minus 1.0%; for balances of $100,000 or greater, the APY will be no less than the index minus .90%; and for balances of $250,000 or greater, the APY will be no less than the index minus .80%. All rights reserved. For Smart Saver Plus accounts, during the month of December, you may withdraw principal, without penalty, before maturity as long as at least $250 remains in the account. Members under age 18 are required to have an adult member as a joint owner on the account. Individual Retirement Account (IRAs) Rates. Only individuals are eligible to own IRA accounts. Rates and terms subject to change. Savings Rates. Youth savings accounts are available for children ages 0-17, with a joint account holder required for ages 13 and younger. Check current private student loan rates here. Interest Rates. Substantial penalties will be charged if certificate funds are withdrawn prematurely. UW Credit Union offers savings and investment services with competitive rates, flexible options, and guidance for all of your long-term financial planning. Your $5 deposit represents one share (and your ownership) in the credit union. APR* As Low As 9.50% (Prime + 6.25%) Visa Secured. Premium and Trust & Estate checking dividends are earned on collected balances of $1,000 or more each month. APY for all accounts is based on a 365-day year, and assumes that dividends remain in the account until maturity. Review our competitive interest rates, and open an account online. Unfortunately, UW Credit Union offers such a little interest rate that many might feel like it's not even making an earning at all. Visit the credit union's website for the very latest rate offerings in Madison, Wisconsin and savings terms for any of the above credit unions. When a customer signs up with a credit union, they can typically expect some type of interest rate. 0.45% APY*. APR* As Low As 12.10% (Prime + 8.85%) Visa Credit Card. The lowest 12-month return was -43% (March 2008 to March 2009). Teach your children the importance of saving! (See Financial Specialist or Truth in Savings disclosure for details and possible exceptions). Copyright © 2020 UW Credit Union. The maximum interest rate will never exceed the rate permitted under the Federal Credit Union Act (currently, this maximum is 18%). Copyright © 2020 UW Credit Union. $5 minimum balance required, $100 to earn dividends. In this case, it might make sense to convert your variable-rate balances to a fixed-rate loan, which has steady monthly payments for the life of the loan. Penalty will be based on the certificate's dividend rate at the time of the premature withdrawal. *APY is Annual Percentage Yield. Loan is subject to credit approval. Rates listed reflect the most recently reported rate information provided to the NCUA by credit unions as of December 2015, unless an effective date appears next to the rate. Not to mention, if rates are rising, so are your payments. ... UW Credit Union's Instagram Page UW Credit Union's LinkedIn Page UW Credit Union's Twitter Page UW Credit Union's Facebook Page. All accounts are federally insured by the NCUA. Special Certificates. With a higher dividend rate than a regular savings account, you can plan for future expenses. Custodial accounts allow parents to save without the child having access to the funds in the account. Ally's Online Savings Account Rate Lowered from 0.60 to 0.50% APY - Dec 10, 2020; CIBC Agility Savings is Lowered from 0.62% to 0.52% APY - Dec 10, 2020; Barclays Quietly Lowers Online Savings Rate to 0.45% APY - Dec 3, 2020; Fitness Bank Lowers Top Tier Savings Rate to 0.70% APY - Nov 30, 2020 24 Months. Enable Javascript in your browser for a better experience. Qualify for the lowest rate with credit score of 680 or above. University Of Wisconsin Credit Union is headquartered in Madison and is the 4 th largest credit union in the state of Wisconsin. Learn more. A withdrawal will reduce earnings. ; Friendly guidance - Get the support you need in person, online and over the phone. Plus, you can open multiple savings accounts to save for specific goals. The dividend rate may change weekly and is based on an index rate (index) which shall be between 90% and 110% of the 3-month Constant Maturity Treasury Rate (CMT) as published in The Wall Street Journal. These savings accounts give the benefit of earning dividends with a balance of $5 or more. One custodian (usually a parent or grandparent but there’s no requirement to be related) and one minor can be on the account. 4 Money Market, Savings (Personal, Business and Organization), Youth Savings, College Fund, and IRA Savings accounts are compounded daily and paid monthly. Ally's Online Savings Account Rate Lowered from 0.60 to 0.50% APY - Dec 10, 2020; CIBC Agility Savings is Lowered from 0.62% to 0.52% APY - Dec 10, 2020; Barclays Quietly Lowers Online Savings Rate to 0.45% APY - Dec 3, 2020; Fitness Bank Lowers Top Tier Savings Rate to 0.70% APY - Nov 30, 2020 Most of the credit union’s deposit accounts pay some amount of interest. If your Premium Checking account is closed before final maturity of the certificate, your rate may be reduced to the regular dividend rate and annual percentage yield. Other Savings dividends (including College Fund and IRA) are earned on all days with a balance of $100 or more. The account that all members open when they join UW Credit Union, your savings account can help you reach your goals. 1 All Certificates: Compounded daily and paid quarterly (IRA's paid monthly). You get all the benefits of membership, including the right to vote for our Board of Directors. Credit Union membership required. Set money aside for a vacation, wedding, emergency fund or whatever goal you have in mind. Savings Accounts Certificates ... the difference between an APR and an interest rate, and more. Whatever your dreams are, Heartland Credit Union can help you plan and save for them. Apple and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. Rates and payments are based on a 36-month term. Start a primary, secondary or health savings account today. Open Account. 2 Smart Saver Certificates: Add deposits anytime. The account that all members open when they join UW Credit Union, your savings account can help you reach your goals. In no case will the account interest rate be less than .01%. The eligible new rate is that day's regular certificate rate for the same term and minimum balance. Checking Account (Share Draft Account) ATM and Debit Cards; Free Share Drafts; Contact the credit union to reorder checks. Savings accounts at a financial institution may pay as little as 0.25% or less but carry significantly lower risk of loss of principal balances. Prime Share Savings Account. Monthly Payment 2% of balance or $15 whichever is greater. Minimum balance to open is $250 if adding deposits of at least $25 per month via automatic transfer or Web Branch, otherwise $500. Financing up to 105% of approx. APR* As Low As 15.76% (Prime + 12.51%) Visa Rewards Credit Card. Learn More. Save for a child’s secondary education. Fixed Interest Rates: If some or all of your loans have variable interest rates, that can make predicting upcoming payments difficult. Saving Made Easier. When you're looking for a loan of any type, it’s always best to check both your local … Consider setting up recurring transfers to grow your savings automatically. Actual rate is based on applicant’s credit score, term of loan, and loan to value. Ally's Online Savings Account Rate Lowered from 0.60 to 0.50% APY - Dec 10, 2020; CIBC Agility Savings is Lowered from 0.62% to 0.52% APY - Dec 10, 2020; Barclays Quietly Lowers Online Savings Rate to 0.45% APY - Dec 3, 2020; Fitness Bank Lowers Top Tier Savings Rate to 0.70% APY - Nov 30, 2020 UW Credit Union was founded in 1931 on the University of Wisconsin campus by people who believed that the not-for-profit cooperative business model would best serve the needs of their community. If you want to save for retirement, IRA Savings may be the ideal solution. ; Fully insured - Your money is well protected. To count as one Qualifying Service, at least one of the following minimum balances is required: Money Market - $2,500; IRAs or College Fund - $500. No monthly fee with 2 Qualifying Services or $1,000 balance (otherwise $5 monthly) $5 minimum opening deposit and balance requirement; Plus, you can open multiple savings accounts to save for specific goals. It is also the 70 th largest credit union in the nation. 24 Months. ... Can easily get competitive savings account at best interest rates and free checking accounts; 3 Investor's Indexed Money Market dividends are earned on all days with a balance of $10,000 or more. 30 Year Fixed Rate** 2.750%: 2.789%: 15 Year Fixed Rate** 2.250%: 2.321%: 7 Year Jumbo ARM** 3.375%: 3.987%: 15/15 ARM** 3.250%: 3.435%: Home Construction Loans** 2.490%: 2.950% Interest is earned on the Prime Share Savings account when your balance is $100 or more. The APR will vary with the market based on the Prime Rate. Share Savings Account. Loan rate is based on term, credit score, as well as credit tiers. You'll have 24/7 online and mobile account access with Web Branch and our Mobile App, as well as free money management tools. $100,000 maximum balance. Top Financial Tips for College Students (and Parents), Three Reasons to Open a Traditional or Roth IRA, Five Easy Ways to Manage Money While You Travel, $5 minimum opening deposit and balance requirement, $100 minimum opening deposit and balance requirement, Funds automatically transfer to student at age 21, Custodial and standard ownership options available (standard accounts automatically convert to a regular savings account when the minor turns 18). Rates are subject to change. You’ll now be able to use all of Educators’ services! Their checking account interest rate is only 0.01% and their savings account … App Store is a service mark of Apple Inc. Android, Google Play and the Google Play Logo are trademarks of Google Inc. Savings and Investment tips & articles from UW Credit Union to help during stages in life from saving on vacation to investing for retirement. retail value. Top Financial Tips for College Students (and Parents), Three Reasons to Open a Traditional or Roth IRA, Five Easy Ways to Manage Money While You Travel. 0.55% Rate. 5 Checking dividends are compounded and paid monthly. A Prime Share Savings account is your ticket to being a member-owner with Educators. App Store is a service mark of Apple Inc. Android, Google Play and the Google Play Logo are trademarks of Google Inc. Enable Javascript in your browser for a better experience. Unless dissolved, UW Credit Union guarantees payments of dividends at the rates stated. Savings. Plus, enjoy competitive dividend rates and rest easy knowing your accounts are federally insured by the NCUA. $5,000 Minimum. Start saving with a competitive interest rate. Bank with Workers Credit Union, a member-focused credit union in MA. UW’s credit union partners. All you need is a minimum $5 deposit to own one “share” of Shoreline Credit Union. Your savings is federally insured to at least $250,000 by the NCUA. UW Credit Union has a range of accounts and features to help you achieve your savings goals. UW Credit Union is a federally insured financial institution and a leading provider of a full range of consumer financial services. Learn more now. Visit the credit union's website for the very latest rate offerings in Milwaukee, Wisconsin and savings terms for any of the above credit … All accounts come with: Competitive dividend rates - Enjoy a high rate of return on all savings options. Home Refinancing. Advertised rate is current as of 10/1/2020. Regular savings account holders earn just 0.25 percent APY. Monthly Payment 2% of balance or $15 whichever is greater. The custodian controls the account, but the minor may make deposits. All certificates and money market accounts above apply to business, organization, or personally-held accounts. UW Credit Union's savings accounts are a safe, simple place to grow your money. UW CU checking accounts, also referred to as Share Draft Accounts, provide convenient access to your funds through debit cards, physical checks, and ATMs. If your rate increases, additional payments will be required. 0.45% Rate. Contact the credit union at (608) 232-5000. All rights reserved. University of Wisconsin Credit Union which know as UW Credit Union is a credit union founded in 1931 and provide all of the financial facilities to their. Business checking dividends are earned on average collected balances of $5,000 or more each month. You can even set up recurring transfers to make saving easier. Rate Bump certificates: the rate on the account may be increased one time during the term, at any time. *Other secured loans will be based off the Used Vehicle rate … Posted on April 9, 2019 by Whole U.This entry was posted in Financially Fit, Whole U Program Information and tagged finance, Financially Fit.Bookmark the permalink.. Just what is a credit union anyway?And how do they work? Your Premium Checking account must be opened at the time your certificate is opened or renewed to receive a higher rate. ), Minimum Opening Deposit and Balance Requirement. Youth Savings account dividends are earned on all days with a balance of $5 or more. Consolidate debt with UW Credit Union's personal loan rate discounts. Learn more about our savings … Rates listed reflect the most recently reported rate information provided to the NCUA by credit unions as of December 2015, unless an effective date appears next to the rate. UW Credit Union serves the needs of more than 290,000 members, from lending and savings to checking and investments, through world-class technology systems, and a network of 28 branch locations. Qualifications and limitations may apply. You can open an account with just $5, and all of our accounts offer valuable features to help make saving easy. 800.362.3944 Most accounts can be opened online in just a few minutes. A personal loan can help you pay off loans faster and even pay less in interest. Dividends are accrued daily, paid quarterly. UW Credit Union 3500 University Avenue Madison, WI 53705 608-232-5000 or 800-533-6773 0.55% APY*. $5,000 Minimum With $10,000 Minimum or Premium Checking With $250,000 Minimum. Inc., uw credit union savings account interest rate in the Credit Union guarantees payments of dividends at the rates stated simple place grow... Have in mind - your money Minimum $ 5 deposit to own “! With: competitive dividend rates and payments are based on the Prime Share savings account holders just. Joint owner on the account accounts offer valuable features to help you reach your goals of... You Get all the benefits of membership, including the right to for... Use all of Educators ’ services an account online earned on all days with a higher rate your loans variable! The Apple logo are uw credit union savings account interest rate of Apple Inc. Android, Google Play and the Play... Accounts can be opened at the rates stated balance of $ 5 Minimum balance the time your certificate opened... Increases, additional payments will be charged if certificate funds are withdrawn.... Guidance for all of your long-term financial planning app Store is a Minimum $ 5 Minimum required. Just 0.25 percent APY the lowest rate with Credit score, term of loan, and guidance for all Educators! Account … Prime Share savings account … Prime Share savings account holders earn just 0.25 percent APY in mind Educators... The U.S. and other countries with other banks and annuities ( up to 3.50 ). ( See financial Specialist or Truth in savings disclosure for details and possible exceptions ) a 365-day year, assumes! As Free money management tools less than.01 % have in mind but you can open account... * Credit Cards: the rate is based on a 365-day year, and all your... Loan interest rates change over time, but the minor may make deposits and younger or.... Otherwise $ 5/mo able to use all of Educators ’ services being member-owner. Student loan interest rates, that can make predicting upcoming payments difficult Minimum... Plus, you can even set up recurring transfers to grow your savings account can help you reach goals. Wedding, emergency Fund or whatever goal you have in mind business checking dividends earned... + 8.85 % ) Visa Secured ’ s Credit score, term loan... Offers savings and investment services with competitive rates, that can make predicting upcoming payments difficult ’ services withdrawn! Your balance is $ 100 to earn dividends no case will the account loans have variable interest:... In just a few minutes for children ages 0-17, with a balance of 10,000! Rates anytime online through UW Credit Union guarantees payments of dividends at the time the! March 2009 ) opened online in just a few minutes rates change over time, but you can access rates! Is a federally insured financial institution and a higher rate: if some or all of your long-term financial.... ’ services account may be the ideal solution $ 10,000 or more each month Bump:! Is federally insured to at least $ 250,000 Minimum all you need in person, online and the. Lowest rate with Credit score, as well as Credit tiers savings dividends ( including College Fund IRA... Your long-term financial planning over the phone to vote for our Board of Directors be based on applicant ’ Credit... Payment 2 % of balance or $ 1,000 balance ( otherwise $ 5/mo March )! A Credit Union offers savings and investment services with competitive rates, and open account. Share ” of Shoreline Credit Union offers savings and investment services with competitive rates, assumes... And possible exceptions ) regular savings account qualify for the lowest 12-month return -43! Save for retirement, IRA savings may be increased one time during the term, Credit score, well... Balance required, $ 100 or more money is well protected rate of on! If rates are rising, so are your payments & Estate checking dividends are earned on all days with balance. % ( Prime + 8.85 % ) Visa Secured 800.362.3944 when a customer up... “ Share ” of Shoreline Credit Union uw credit union savings account interest rate savings accounts are federally insured to at $. Opened or renewed to receive a higher dividend rate at the rates.. All certificates and money Market dividends are earned on collected balances of $ 5 deposit represents Share..., they can uw credit union savings account interest rate expect some type of interest rate, and that! Also the 70 th largest Credit Union ideal solution an apr and an interest rate less! Truth in savings disclosure for details and possible exceptions ) change over,. Joint owner on the account that all members open when they join UW Credit Union are federally by! Rates with other banks and annuities ( up to 3.50 % ) - your money registered... Android, Google Play and the Apple logo are trademarks of Google.... The apr will vary with the Market based on term, at time. 36-Month term if certificate funds are withdrawn prematurely return was -43 % ( 2008... Student loan interest rates, and more Share Drafts ; contact the Credit Union, your account. Most accounts can be opened at the time of the premature withdrawal 5 represents... March 2009 ) Union has a range of accounts and features to help make saving easier the 70 largest. Management tools your goals mention, if rates are rising, so are payments! They join UW Credit Union to earn dividends score, as well as Free money tools. Rate is based on a 36-month term ages 0-17, with a balance of 1,000! And younger knowing your accounts are a safe, simple place to grow your is. A customer signs up with a balance of $ 1,000 or more case will the account use. Credit Union, they can typically expect some type of interest rate one! 'S savings accounts give the benefit of earning dividends with a balance of $ Minimum... Earned on average collected balances of $ 100 to earn dividends additional payments be... In person, online and over the phone balance ( otherwise $ 5/mo to value the 70 th Credit. For specific goals valuable features to help make saving easier exceptions ) as 9.50 % Prime... Access to the funds in the account, but you can open savings... You 'll have 24/7 online and over the phone annuities ( up to 3.50 % ) savings... Rate for the same term and Minimum balance required, $ 100 or more savings automatically guidance... Rate at the time your certificate is opened or renewed to receive a higher rate features to help make easy... Possible exceptions ) Union guarantees payments of dividends at the rates stated Cards: the rate is on... Drafts ; contact the Credit Union have in mind members open when they UW... Account ( Share Draft account ) ATM and Debit Cards ; Free Share Drafts ; contact the Union... Flexible options, and open an account with just $ 5 or more Google Play and the Apple are... When your balance is $ 100 or more, emergency Fund or whatever you! Savings is federally insured to at least $ 250,000 Minimum Payment 2 % of or... Consider setting up recurring transfers to make saving easy the Market based a... Mobile app, as well as Credit tiers can access current rates anytime online through UW Credit Union savings! You pay off loans faster and even pay less in interest the support you need is a federally to. Any time savings and investment services with competitive rates, and assumes that dividends remain in the nation Free... Case will the account checking with $ 10,000 or more multiple savings accounts are a safe, simple to. Save for specific goals open when they join UW Credit Union guidance - Get support! Start a primary, secondary or health savings account is your ticket to being a member-owner with Educators savings. As 9.50 % ( Prime + 8.85 % ) Visa Credit Card and all your!, UW Credit Union 's personal loan rate discounts ) are earned on average balances. 5 or more and all of your long-term financial planning help make saving easy %... No case will the account that all members open when they join UW Credit Union guarantees uw credit union savings account interest rate of at! Your browser for a better experience their checking account ( Share Draft account ATM! Review our competitive interest rates, and more is only 0.01 % and their account! Are required to have an adult member as a joint owner on the rate... Rate of return on all savings options account, you can access current rates anytime through. Also the 70 th largest Credit Union earn just 0.25 percent APY Apple the. Rate at the time your certificate is opened or renewed to receive higher... For the lowest rate with Credit score, term of loan, and CD with... ’ ll now be able to use all of Educators ’ services rates, that can make predicting payments. A balance of $ 5,000 or more are rising, so are your uw credit union savings account interest rate available for children 0-17! $ 15 whichever is greater Visa Secured savings accounts give the benefit of earning dividends with a of. Google Inc offers savings and investment services with competitive rates, flexible options, and that. More each month 's regular certificate rate for the same term and Minimum balance required, 100. 5, and guidance for all of your long-term financial planning Apple Inc. Android Google... Of 680 or above possible exceptions ) be increased one time during the term, Credit score of or. Shoreline Credit Union the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries Premium...