Save Faster with Rewards and Better Rates

As a member-owner, you’ll earn even more interest with your Blue savings account. Learn about all the benefits of having a savings account with Blue and explore one of our options to find the best fit for your lifestyle and needs.

Savings Options with Blue

We offer a wide range of savings accounts that can help you save for what matters most to you. Saving with Blue has its benefits:

  • Like our checking accounts, you’ll earn Rewards for Life on your savings account balances.

  • Bank from anywhere—in person, online, or on your phone.

  • We offer accounts that fit your lifestyle, wherever you're at.

Young woman on her cellphone

Accelerate your path to financial freedom.

Take advantage of Blue's Accelerated Savings account, which earns you 5.00% APY* on a balance up to $1,000. Withdraw from it whenever you'd like, or watch your savings grow.

  • Minimum daily balance of $25.00 required to earn dividends
  • Low $5 transfer per month into your Accelerated Savings account to earn dividends
  • Maximum balance $1,000. When your account is over $1,000, the rate drops to 0.10% APY*
  • Dividends calculated daily and paid monthly
  • Rates are subject to change
    Make deposits to your account at any time

*Annual Percentage Yield. Minimum daily balance of $25.00 required to earn dividends. Dividends compounded daily and paid monthly. Requires at least one monthly deposit (other than dividend). Limit one per social security number.

Open Account »

Open a Sky High Savings through online banking in only a few minutes and you could earn 0.50% APY* on your balance.

Benefits of Sky High Savings:

  • No minimum balance required to earn dividends
  • No max, save and earn as much as you want
  • No terms
  • No catch

*Annual Percentage Yield. Subject to change without notice. Dividends compounded monthly. No minimum balance required to open. Sky High Savings can only be opened online.

Calculate What You Could Save »

Start saving now and enjoy when family matters most.

A Christmas Club account is a great way to start saving throughout the year for a one lump sum withdrawal right before the holidays. You can earn 1.25% APY* on balances up to $5,000! Christmas Club Accounts are FREE of charge for Blue members.

Set up your Christmas Club account today by visiting any of our conveniently located branches or give us a call anytime.

*Annual Percentage Yield. Minimum daily balance of $25.00 required to earn dividends. Rate changes once balance exceeds $5,000. Balances automatically pay out in October each year. Dividends compounded daily and paid quarterly. Penalty may be imposed for early withdrawal. Limit one per social security number.

Learn More »

Membership Share Savings

A member’s first Share Savings account establishes their membership at Blue Federal Credit Union. The motto “once a member, always a member” applies as long as the Share account remains open. This provides voting privileges and eligibility to use all credit union products and services!

Open a Share savings:

  • See if you're eligible to join Blue
  • You must have at least $5.00 to open your Share Savings account. This amount keeps your membership open.
  • You must keep a $25.00 daily balance or more to earn your maximum dividend

Supplemental Savings

A supplemental savings is an additional savings account that you can add any time to your account. While this differs from the Share Savings account (which keeps your membership open with Blue), these accounts are a great way to organize your finances and create savings "buckets" for special projects or needs - such as funds to save for your annual car insurance premiums or even that rainy day!

A supplemental share savings has no minimum balance to open, but you must keep a $25.00 daily balance or more to earn your maximum dividend.

Minimum daily balance of $25 required to earn dividends. Dividends compounded daily and paid quarterly.

Open Account »

Transferring your money to a Blue Money Market account could earn you a higher rate and give you more access to your money through checks — plus, there’s no monthly fee to maintain the account.

Money Market Features:

  • Minimum $1,000 balance on Tiered Money Markets
  • Dividends are compounded and paid monthly
  • Unlimited deposits once the account is established
  • No minimum withdrawal amount

Minimum daily balance of $1,000 is required to earn dividends. UNLIMITED transfers and withdrawals in person at any branch. If the balance drops below the minimum balance their funds will earn the current share savings rate. Dividends compounded and paid monthly. Rates are subject to change.

Ultra Money Market Features:

  • Opening balance $100,000
  • Minimum balance $2,500 to earn dividends
  • Dividends are compounded and paid monthly
  • Unlimited deposits once the account is established
  • No minimum withdrawal amount

Minimum daily balance of $2,500 is required to earn dividends. UNLIMITED transfers and withdrawals in person at any branch. If the balance drops below the minimum balance their funds will earn the current share savings rate. Dividends compounded and paid monthly. Rates are subject to change.

View Money Market Rates »

These are a no-risk savings option also known as "CDs" or "Certificates of Deposit". The longer the term, the better the rate. Your money is also Insured by the NCUA, giving you even more peace of mind. To learn more, stop by your local branch or give us a call.

Regular Term Shares

  • $1,000 minimum opening balance
  • Various term options

IRA Term Shares

  • $1,000 minimum opening balance
  • Traditional, Roth & SEP

Dividends compounded and paid monthly. Additional deposits only permitted on the 30 month expandable term share account and all IRA term shares. IRA maintenance fees apply. We may impose a penalty if you withdraw any of the principal of the Term Share account before the maturity date. If the term of the account is one year or less the penalty will equal 90 days’ dividends on the amount withdrawn. If the term of the account is more than one year and less than three years, the penalty will equal 180 days’ dividends on the amount withdrawn. If the term of the account is three years or more, the penalty will equal 240 days’ dividends on the amount withdrawn. 30-Month Expandable Term Share account is not eligible for IRAs.

See Term Share and IRA Options »

IRA Savings

  • $25 minimum opening balance
  • Traditional, Roth, & SEP
  • No setup fee
  • $10 annual fee (Free for Gold and Sapphire members)
  • No fee for incoming transfers or rollovers from an IRA or 401(k)
  • Direct Transfer - Unlimited direct transfers, which move IRA funds from one IRA to another, requires no IRS reporting.

If you have a 401(k) from a previous employer or are retiring, there is generally a deadline to rollover the funds in order to keep its tax-deferred status. Please consult your financial advisor on your maximum annual contributions.(IRAs) will grow over time with compounding interest. These accounts can come with certain tax benefits so be sure to consult your tax advisor when opening an IRA account.

If you have your Required Minimum Distribution setup up to be disbursed by the CU please contact us if you have made the decision to not take the Required Minimum Distribution (RMD ) for 2020. If you have decided to still take your Required Minimum Distribution (RMD’s) for 2020 you do not need to contact the credit union and your payments will be disbursed automatically as usual.

IRA Term Shares

  • $1,000 minimum opening balance
  • Traditional, Roth & SEP
  • Dividends compounded and paid monthly

Additional deposits permitted on all IRA term shares. IRA maintenance fees apply. We may impose a penalty if you withdraw any of the principal of the Term Share account before the maturity date. If the term of the account is one year or less the penalty will equal 90 days’ dividends on the amount withdrawn. If the term of the account is more than one year and less than three years, the penalty will equal 180 days’ dividends on the amount withdrawn. If the term of the account is three years or more, the penalty will equal 240 days’ dividends on the amount withdrawn. See IRA Term Share rates above.

See IRA Savings Rates »

Open an Account in Person

If you’re ready to open a savings account that rewards you, talk with our financial experts at a Blue location near you or open an account online.

Open an Account
RV camper on the side of the road

Belong with Blue

A great financial institution can change your life for the better. That's what we're all about. Join the nearly 100,000 members around the globe who make Blue special.

Become a Member

Everyday Banking

Find an account that fits your financial needs today. Everyday banking is just that—our tools and services to help you manage money effectively each day.

Learn More

Benefits of Membership

Banking with Blue is all about the benefits. Learn why members choose Blue!

Explore Benefits

You're ready, let's blue it!