Go to main content Electrical Workers Local 58 Credit Union

Savings Accounts

Home > Bank > Savings Accounts

Savings

EWCU savings accounts may be started with as little as $25, Share accounts are ideal if you need quick and easy access to manage your savings account. It can also be used for overdraft protection when tied to your checking account.

Account Features:

  • Competitive Dividends

  • Earnings calculated daily and paid quarterly

  • Convenient access with your ATM Card

  • 24/7 accessibility through Online Banking and our Mobile App

 

Share Accounts
Effective Date: Wednesday, May 22nd, 2024
Accounts over $99.99 will earn a Dividend according to the tiers below.
TierAccount BalanceDividend Rate
A $99.99 - $2,499.99 0.05% apy = annual percentage yield
B $2,500.00 - 24,999.99 0.10% apy = annual percentage yield
C $25,000.00 - $99,999.99 0.15 % apy = annual percentage yield
D $100,000.00 - $999,999.99 0.20% apy = annual percentage yield
E $1,000,000.00 AND Greater 2.25% apy = annual percentage yield

 

 Holiday Savings Club

We offer Holiday Club accounts which are ideal if you want to stop worrying about having enough money to buy gifts for friends and family, You may deposit as much or as little as you like.  No withdrawals may be made until the end of October when the funds will be transferred to your checking or savings account.  

  • Competitive Dividends

  • Earnings calculated daily and paid quarterly

 

Holiday Club Accounts
Effective Date: Wednesday, May 22nd, 2024
Accounts over $99.99 will earn a Dividend according to the tiers below.
TierAccount BalanceDividend Rate
A $99.99 AND greater 0.25% apy = annual percentage yield

What could my recurring (monthly) savings grow to?

Different factors can impact the growth of your savings over time such as the frequency of deposits and the rate of compounding. Use this calculator to determine the future value of your recurring savings and any existing balance you might have accumulated.

Savings

Assumptions

Go to main navigation
Need a fast loan approval and a payment quote today?

Call us at (313) 963-6060

VISA/Mastercard Debit

After hours lost/stolen:

Visa: (800) 325-3678
Mastercard/ Debit: (800) 472-3272

Go to main navigation