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My Way Savings

Save Your Money Your Way

Receive monthly dividends on your money while you save for a special occasion or set money aside with a My Way Savings account. Every My Way savings account can be individually named to match your savings goal, whether it’s for a family vacation, wedding, new car, or a down payment on a new home!
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Product Features

Terms & Fees
Minimum opening deposit $0
Transaction limit 6
Earns interest Yes
Minimum daily balance None
Monthly low balance fee None
Monthly service fee None
Requires an adult joint account holder No

Savings Account Interest Rates

Effective Date: October 01, 2020
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Balance Interest Rate APY^
$0 - $499.99 0.05% 0.05%
$500 - $99,999.99 0.05% 0.05%
$100,000 and over 0.05% 0.05%
Minimum average daily balance required for some accounts. Rates are accurate as of the effective date displayed, and they are subject to change. The APY (Annual Percentage Yield) is a percentage rate that reflects the total amount of interest paid on the account, based on the interest rate and the frequency of compounding for a 365-day period.

Federal regulation (Reg D) requires SCCU to limit withdrawals to six (6) transactions within a calendar month on savings and money market accounts. Fees could reduce earnings on the account.