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 4.6 out of 5 by 130.
  • y_2019, m_12, d_8, h_19
  • bvseo_bulk, prod_bvrr, vn_bulk_3.0.3
  • cp_5, bvpage2n
  • co_hasreviews, tv_0, tr_130
  • loc_en_US, sid_personal-savings, prod, sort_[SortEntry(order=SUBMISSION_TIME, direction=DESCENDING)]
  • clientName_psecu
  • bvseo_sdk, net_sdk, 3.2.0.0
  • CLOUD, getAggregateRating, 0ms
  • REVIEWS, PRODUCT

“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 and Mobile Banking Access

No monthly fees

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 insured by NCUA¹.

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 rebates4, 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 12/10/2019 4:10 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 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 shares 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 shares 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/privacy-policies-disclosures/.

*APY denotes Annual Percentage Yield

 

 

1NCUA: National Credit Union Administration. Your savings federally insured to at least $250,000.

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.

4If 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 5 out of 5 by from Easiest banking experience Therez nothing this bank cant do! The app is so convenient
Date published: 2017-09-10
Rated 4 out of 5 by from Way Better then the Last Bank Everything has been wonderful so far. My only complaint is everything is online. Even at 20 years old I would much rather sit down and talk about my finances with a real person not a piece of paper.
Date published: 2017-09-08
Rated 4 out of 5 by from Good I liked it, not, much to say. 21 Characters too short
Date published: 2017-09-08
Rated 5 out of 5 by from Great customer service Customer service is great and i love the account separation
Date published: 2017-09-08
Rated 5 out of 5 by from Always the best We always use PSECU for personal and auto loans. They have the best rates and I love that I can call and talk to a human within 5 mins. Great company!
Date published: 2017-09-08
Rated 5 out of 5 by from great customer service!!! The staff at PSECU went above and beyond to explain their programs and make sure all of my questions were answered.
Date published: 2017-09-08
Rated 5 out of 5 by from Great online service Even though I can't deposit at atms at home, I can upload checks w the app. Great interest rates
Date published: 2017-09-08
Rated 4 out of 5 by from Whatever! Higher interest on held money than bank. Generally lower interest rates on loans.
Date published: 2017-09-08
Rated 5 out of 5 by from Easy transfer! Easy to use the app for transfers between Mom and student. Now if you could just get him to spend less...
Date published: 2017-09-07
Rated 5 out of 5 by from Great services I love having so many of my financial accounts in one place; loans, credit cards, bank accounts, etc. Easy to use web site. Easy to transfer money between accounts, and so much more!
Date published: 2017-09-07
Rated 5 out of 5 by from Great availability This is great because your money is always safe and in your account on time
Date published: 2017-09-07
Rated 5 out of 5 by from Great Customer Service Highly recommend! Great customer service and easy to contact. Always help resolve any issues quickly and THEY notify me if there are discrepancies on my statement if my card gets stolen.
Date published: 2017-09-07
Rated 5 out of 5 by from Product and Service I have used PSECU for about 40 years and appreciate the product and service that goes along with it
Date published: 2017-09-07
Rated 5 out of 5 by from My go to financial service PSECU has always been there for me in my time of need. Thank you
Date published: 2017-09-05
Rated 5 out of 5 by from Great products I like the ease in which to set up accounts and make transfers when needed.
Date published: 2017-09-03
Rated 5 out of 5 by from Fantastic customer service The customer service was fantastic because they where on top of every problem. The service was prompt , professional,and courteous.
Date published: 2017-09-02
Rated 5 out of 5 by from Amazing product This credit union is the best credit union. Ever..
Date published: 2017-09-01
Rated 5 out of 5 by from Everyone so nice! I started out with a small used car loan and now in the process of switching my checking, savings, mortgage and cds to PSECU! Excellent customer service!
Date published: 2017-09-01
Rated 5 out of 5 by from Fantastic service Everything about PSECU makes me smile. Thanks for being so convenient and easy to manage.
Date published: 2017-09-01
Rated 4 out of 5 by from Good product The ease of access to receive help if needed to use.
Date published: 2017-09-01
Rated 5 out of 5 by from Great customer service I've been extremely happy with PSECU. Customer service has gone above and beyond to answer and questions.
Date published: 2017-09-01
Rated 5 out of 5 by from PSECU services Every contact and request for assistance with PSECU has been great. I like doing business with the PSECU.
Date published: 2017-08-31
Rated 5 out of 5 by from Great Bank To many perks to mention can only say good things about this bank. Big difference between big banks.
Date published: 2017-08-31
Rated 5 out of 5 by from Simple & good Saving at PSECU is easy & effective. Their app makes it easy to check accounts on the go & transfers are super fast.
Date published: 2017-08-31
Rated 5 out of 5 by from Awesome service Great loan and savings account; qualified/professional staff with phenomenal people skills.
Date published: 2017-08-31
Rated 5 out of 5 by from Low auto loan interest rate This product is great, it is easy to use and manage.
Date published: 2017-08-31
Rated 5 out of 5 by from great product This product is great because it pays interest and is available to transfer into other accounts.
Date published: 2017-08-31
Rated 5 out of 5 by from Great service Whenever I have a problem they're always there to help.
Date published: 2017-08-31
Rated 5 out of 5 by from Awesome customer service I started a savings account a few months back and had a few questions and they were all answered very clearly.
Date published: 2017-08-31
Rated 4 out of 5 by from works for me This serves my needs as I can direct deposit and transfer funds easily.
Date published: 2017-08-31
  • y_2019, m_12, d_8, h_19
  • bvseo_bulk, prod_bvrr, vn_bulk_3.0.3
  • cp_5, bvpage2n
  • co_hasreviews, tv_0, tr_130
  • loc_en_US, sid_personal-savings, prod, sort_[SortEntry(order=SUBMISSION_TIME, direction=DESCENDING)]
  • clientName_psecu
  • bvseo_sdk, net_sdk, 3.2.0.0
  • CLOUD, getReviews, 0ms
  • REVIEWS, PRODUCT