Savings Accounts

Every PSECU membership starts with a dividend-earning savings account. Your choices grow from there. Our savings account is tailored to help you achieve your savings goals.

Personal Savings is rated 4.7 out of 5 by 124.
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“Setting up the accounts were easy, the customer service was phenomenal, and I have been very happy!”

– Member Less than 1 year 

Dividends on Every Account

Online & Mobile Banking Access

No Monthly Fee

Choose Your Savings Accounts

All PSECU members start with a Regular share account. Keep it simple with this online savings account or add more accounts based on your needs. All accounts earn dividends and are NCUA insured*.

Regular Savings Share

This account is the cornerstone of your PSECU membership and: 

  • Gets you started enjoying PSECU member benefits 
  • Is accessible online or through our mobile app anywhere in the world
  • Requires only a $5 minimum balance to maintain your membership
  • Gives you 24/7 access with a PSECU debit card
  • Can link to checking for free overdraft protection transfer service
  • Earns a competitive rate

 

Additional Savings Share
Set aside money for your specific savings goal with this account. 
  • Keeps money separate from your other accounts
  • Can simplify your saving habit with automatic deposit
  • Requires no minimum balance

 

Money Market Savings Share
Earn more on your savings.
  • Offers higher dividends2 than our other share accounts
  • Requires no minimum balance
  • Allows withdrawals of $20 or more
  • Withdrawals, including overdraft transfers, available up to six times per month3
Putting money back in your pocket

We give you more money back through saving dividends, ATM rebates*, and cash back from our rewards credit card.

Banking with us gives you more money back
Online & Mobile Banking

Check your account balances, transfer funds, pay bills, and more with digital access.

Use our easy and convenient banking tools
Worldwide ATMs

Access your savings at nearly 30,000 surcharge-free ATMs through the CO-OP Network®, CU$® Alliance, and at many more locations.

Find an ATM location near you

Our mobile savings app makes savings fun

Create your own digital piggy bank on your smartphone or tablet. Choose your savings goal(s) and amount, then watch your money grow. You can also use the app to:
  • Automatically sweep change (money less than $1) from any of your other PSECU accounts into savings 
  • Transfer money from checking to savings
  • Scratch a digital ticket to reveal an amount of money that is sent straight to your savings goal
  • Add names and emojis to your savings goals
  • Share your savings progress on your Facebook page

Download our savings app in the Apple App Store or Google Play Store. You must be enrolled in online banking and have a checking account to access the PSECU savings app.

Frequently Asked Questions

Yes. Because we are a member-owned credit union, you must be a member in order to have an account with us. However, joining is fast and easy. 

To simplify things for you, a PSECU membership application is the same application to open a savings account. Learn more about the many ways to be a member.

It’s simple. Just log into your PSECU account and click "Add a Share" on your Balances page. You’ll be able to choose the savings account type you’d like to add.
You can deposit money to your savings account four different ways:
  • Deposit funds at an ATM that accept deposits. Search for an ATM near you.
  • Make a mobile deposit using your smartphone and our mobile app.
  • Set up Direct Deposit or Payroll Deposit so money is deposited automatically to your savings account. Get more information on Direct and Payroll Deposit.
  • Mail in your deposit to: PSECU P.O. Box 67012 Harrisburg, PA 17106-7012. Log into your account to request deposit slips.

Your withdrawal options depend on the type of savings account you have.

Regular Share Savings:

  • Use your debit card or visit an ATM: Search for an ATM near you
  • Make a telephone transfer or use online banking or our mobile app to transfer savings to another PSECU account
  • Call us and ask us to send you a check
  • Request a wire transfer to an outside party
Additional Savings Share:
  • Make a telephone transfer or use online banking or our mobile app to transfer savings to another account
  • Call us and ask us to send you a check
  • Request a wire transfer
Money Market Savings Share (Up to six withdrawals or overdrafts allowed per month3):

What's Your Savings Goal?

See how much you need to save to turn your dream into reality. Learn more about meeting your savings goals.

Valid as of 01/19/2019 3:21 AM EST
Description APY* Dividend
Reg / Vacation / Christmas / S5 / IRA 0.15% 0.15%
Checking 0.10% 0.10%
Money Market 0.20% 0.20%
Youth Savings Program 1.50% 1.49%

Rates and information are subject to change at any time. Fees could reduce earnings on the account(s). The disclosed dividend rates are variable and may change after the member opens the account(s). Regular Share Accounts require a minimum balance of $5 to open the account. Money Market accounts require a minimum of $500 to earn the advertised APY. Share Accounts that qualify for Youth Savings Rate will earn a higher APY on the first $500 in the account. Balances above the first $500 will accrue interest at the current Regular Share rate.

Business Accounts: Business Regular Share accounts require $500 to earn the advertised APY. Business Checking and Money Market accounts require a minimum of $2,500 to earn the advertised APY.

View Truth in Savings Account disclosure at psecu.com/disclosures/.

*APY denotes Annual Percentage Yield

 

 

1NCUA: National Credit Union Administration. PSECU savings accounts are federally insured by the NCUA up to $250,000. That’s the maximum insurable amount allowed by law. In addition to the $250,000 of insurance provided on your individual account or combination of individual accounts, you are also insured up to $250,000 for any combination of accounts (including certificates) you own jointly with other individuals.

2Dividends (which you may call interest): Based on day of deposit to day of withdrawal. Dividends are calculated on actual daily balances. If your daily account balance falls below $500, you won’t earn dividends until your daily balance again reaches $500. Dividend rates are declared weekly, compounded daily, and paid monthly into Money Market Shares.

Payment of dividends is based on the available current and undivided earnings of PSECU. The Annual Percentage Yield (APY) for a deposit of one year or less is based on the assumption that both the deposit and dividends remain on deposit for a full year. A withdrawal will reduce earnings. Regulations prohibit dividends in excess of PSECU’s available earnings.

3Money Market Transaction Limits: You can make a maximum of six (6) withdrawals or transfers per month from Money Market Savings to another PSECU account or to a third party. Up to three (3) of the six (6) transfers may be made by check, draft, debit card, electronic payment, or similar order to a third party. If you exceed these transfer limitations, we may have to close your account. 

Important: When using debit (point-of-sale) transactions with PSECU Visa debit card, you must have available funds in your checking account or your transaction will be declined. Overdraft Protection Transfer Service does not apply to debit transactions. Loan options are treated as cash advances and are subject to those rates and accrue interest immediately. If you did not choose an option when you set up your account, PSECU will automatically set up overdraft transfers from your Regular Shares.

Apple, the Apple logo, Apple Pay, iPhone, iPad, Apple Watch and Touch ID are trademarks of Apple Inc., registered in the U.S. and other countries.

Android, Google Pay, and the Android Logo are trademarks of Google Inc.

Note:  PSECU does not provide International wire transfer service. A wire transfer is a non-refundable transaction.

 

 

Rated 4 out of 5 by from Savings This product is great because it helps me keep track of my savings.
Date published: 2018-01-30
Rated 4 out of 5 by from Pretty good I don’t have a photo to add? I’m not sure what’s supposed to go in here?
Date published: 2018-01-30
Rated 5 out of 5 by from Personal checking. I am new to all of your services . I am very pleased with everything. Thanks
Date published: 2018-01-30
Rated 4 out of 5 by from Quick Loan Decision I got a PSECU account at 10am and had a loan check by 3pm. Super happy with the loan process, although really find it inconvenient that PSECU wouldn't give me my account number while I was standing in front of the with my Photo ID. Overall, it was a seamless process from start to finish.
Date published: 2018-01-29
Rated 5 out of 5 by from App makes it easy to complete application to join! I'd never completed a membership application over the internet before, but the service rep walked me through the steps and, almost before I knew It, I had completed all the paperwork online. Another FIRST!
Date published: 2018-01-29
Rated 5 out of 5 by from Great why to buy a car No hassle in purchasing. We knew ahead of time what we had to work with.
Date published: 2018-01-29
Rated 5 out of 5 by from Great vehicle loan process Had great people to work with regarding refinancing vehicle loans
Date published: 2018-01-29
Rated 2 out of 5 by from Need to join the 21st Century No ability to set up recurring transfers. Needed feature.
Date published: 2018-01-11
Rated 5 out of 5 by from Rates Great rates and service! Have a home equity loan with them
Date published: 2018-01-08
Rated 5 out of 5 by from Good service - now with Apple Pay PSECU provides a good service with friendly people. I initially resisted PSECU because they didn't have Apple pay. It's so nice to be able to talk into a supermarket and not have to fiddle with cards or cash. They were very helpful in setting up my account. The only (small) issue I had was the checks. The apartment number was above the address. Ah well, hopefully it'll be fixed for the next batch.
Date published: 2018-01-04
Rated 5 out of 5 by from The Future I love this credit union!!! They have always been able help me with my financial needs.
Date published: 2018-01-03
Rated 5 out of 5 by from Excellent Rates! Excellent online experience. Better loan rates than my current bank of 20 yrs...
Date published: 2017-12-30
Rated 5 out of 5 by from Love PSECU I have an easy time finding a MAC machine, there are branches all over and many credit unions I can use.
Date published: 2017-12-29
Rated 5 out of 5 by from # 1 psecu is absolutely the best, its nice to know that im taken care of.
Date published: 2017-12-28
Rated 5 out of 5 by from Very helpful Psecu gave me car loans with ease. They were always helpful to me. Psecu got me through a few rough years while trying to sell my moms home.
Date published: 2017-12-28
Rated 5 out of 5 by from Great Service! Great communication and information as I started up the company!
Date published: 2017-12-18
Rated 5 out of 5 by from Great Service I called for customer service and couldn't be happier. The person I spoke to was friendly, helpful, and patient. Perfect.
Date published: 2017-12-08
Rated 5 out of 5 by from Best apr Best bank I've ever dealt with lowest apr and best loan options
Date published: 2017-12-08
Rated 5 out of 5 by from Great bank A over average interest rates, user friendly app. What more can you ask for?
Date published: 2017-12-07
Rated 5 out of 5 by from Navnitlal Zaver Ease of opening account and great services, I personally don't have much experience at this time
Date published: 2017-12-06
Rated 3 out of 5 by from good service I started a savings account. I would prefer to be able to transfer money directly from my checking account at another bank into my credit union savings but it doesn't work that way.
Date published: 2017-12-06
Rated 5 out of 5 by from Solid product/excellent customer service! Became a member because a family member recommended PSECU. The process for joining was simple, as was the loan application process. Customer service walked us through every step of the way.
Date published: 2017-12-06
Rated 4 out of 5 by from Great Too early to give a satisfactory review. I will revisit and give you a review at a later date.
Date published: 2017-12-06
Rated 5 out of 5 by from Leavings Flexibility is Wonderful I love being able to have more than one savings account created at my discretion.
Date published: 2017-12-06
Rated 4 out of 5 by from Quick loan approval Auto loan was quickly approved. Only issue I had was that the car we were intending to purchase was classified as a “specialty vehicle” which required additional inquiries about the value of the vehicle. PSECU provides no list of specialty vehicles so we need3d to call them each time we looked at a vehicle to be sure that it qualified for the loan. Cumbersome process, but the rate is excellent and the service reps were good.
Date published: 2017-12-02
Rated 5 out of 5 by from great bank easy online banking great customer service easy to access bank accounts on move money
Date published: 2017-12-01
Rated 5 out of 5 by from Review Great customer service. Wonderful advice. Very professional and friendly
Date published: 2017-11-30
Rated 5 out of 5 by from Always a pleasure Auto loan fast and easy. PSECU Customer care always helpful.
Date published: 2017-11-29
Rated 5 out of 5 by from Easy banking New member and the different online style of banking couldn’t be easier! Very satisfied!
Date published: 2017-11-29
Rated 4 out of 5 by from Good product I cannot figure out my password :) but I like the,app
Date published: 2017-11-29
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