Savings Accounts

Every PSECU membership starts with a dividend-earning savings account. Your choices grow from there. We’ve got accounts to match every savings goal.

Personal Savings is rated 4.7 out of 5 by 121.

Open an Account Resume application

“Setting up the accounts was 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 for specific goals. All accounts earn dividends and are NCUA insured*.

Regular Savings Share (S1)

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

Vacation Savings Share (S2)

Set aside money for your next getaway with this account.

Keeps money separate from your other accounts
Requires no minimum balance
Encourages you to save more by offering no debit card access

Christmas Savings Share (S3)

Save ahead for the holidays.

Encourages you to deposit money all year long for holiday spending
Can simplify your saving habit with automatic deposit
Requires no minimum balance
Encourages you to save more by offering no debit card access

Money Market Savings Share (S7)

Earn more on your savings.

Offers higher dividends^** 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 month^***

Open an Account Resume application

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

Do I need to be a PSECU member in order to open a savings account?

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.

I’m a current PSECU member. How do I open a new savings account?

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.

How do I deposit money to my PSECU savings account?

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.

How do I withdraw money from my PSECU savings account?

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

Vacation 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

Christmas 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 month^***):

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 account
Call us and ask us to send you a check
Request a wire transfer

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 08/17/2018 1:58 AM EDT
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

^*NCUA: 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.

^**Dividends (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.

^***Money 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.

^****If you use an out-of-network ATM and get charged, we'll rebate fees up to $20 per month with Direct Deposit, and up to $8 per month without.

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 2 out of 5 by ESUDad from Information sharing was lacking during sign-up The people who signed us up did not provide a copy of the form or information submitted. They did not share with us the information that would be required if/when we reached out to the credit union. They also neglected to inform us that there were no local branches in and around the college!

Date published: 2018-07-09

Rated 5 out of 5 by None no hi is from Great product This product is great because of convenience and security.

Date published: 2018-07-05

Rated 5 out of 5 by MoneyMitch from Great client services Everytime I call the representatives are fast and friendly!

Date published: 2018-07-04

Rated 5 out of 5 by Carolaz702 from Ease and Thorough I applied for a home equity loan - and the entire process was so easy to follow. Yet, as a fellow banker, I was comfortable with their thoroughness and procedures. I would highly recommend!!

Date published: 2018-06-28

Rated 5 out of 5 by Briggsy from Great people Every time I call with a question. Your trained personal helps me out right away. And there all kind and friendly.

Date published: 2018-06-27

Rated 5 out of 5 by Nick17331 from New account Easy to understand instructions to start a new account.

Date published: 2018-06-27

Rated 5 out of 5 by Bkester06 from We are new So far our experience has been positive. The couple little glitches we have ran into were taken care of quickly and efficiently by your customer service

Date published: 2018-06-27

Rated 5 out of 5 by This Is My Nickname from No Simple to open, simple to use. Good, quality savings account.

Date published: 2018-06-27

Personal Savings Reviews - page 2