Savings Accounts

Savings Accounts

The best savings account is one that adds up to your best financial health.

Your savings goals are your own, and the way you choose to meet them is up to you.  Benefit from the best of both worlds with a checking and savings account, and make saving money a regular habit.  

couple wrapping gifts, 4.50 new money certificate
homecoming $100 bonus

Benefits:

  • Have funds on hand for emergencies and unplanned expenses
  • Peace of mind knowing your money is insured
  • Earn interest on your savings and watch them grow
  • Pay your bills on time with the convenience of online Bill Pay
  • Bank on the go with free Mobile and Online Banking
  • Access a network of 30,000 fee-free ATMs and 5,000 shared branch locations

Regular Savings

The basics only better.

The starter savings account for every USC Credit Union member, Regular Savings opens the door to a wealth of value-added products and services.

  • $10 minimum deposit to open (includes one-time $9 membership fee)1
  • Higher dividends on balances of $25 or more

APY is accurate as of 11.21.2024

Rates as high as:

0.05%

View Rates for regular share savings

Money Market Accounts

High-interest savings account with easy access.

Keep your earnings high and your assets liquid with a USC Credit Union Money Market account.3

  • Choose your initial minimum deposit: $2,500 or $10,000
  • 6 withdrawals per month

APY is accurate as of 11.21.2024

Rates as high as:

2.25%

View Rates for money market accounts

Share Certificates

Lock in our best yields on your terms.

Similar to CDs, share certificates earn credit union shareholders a guaranteed return when you lock in for a specific term.

  • $1,000 – $50,000 deposits
  • 3-month to 5-year terms

APY is accurate as of 11.21.2024

Rates as high as:

4.50%

View Rates for all Savings Accounts

Which savings account is right for you?

Compare Personal Savings and Investment Accounts
Features
Regular Savings
Money Market
Value + Money Market
Share Certificates
The right fit for…First-time savers (and a must-have for membership)Savers who want liquidityAdvanced saversSerious investors who don’t need immediate liquidity
Deposit & Balance Requirements$9 membership fee + $1 min initial deposit. Monthly fee waived w/$100 combined daily balance in all accounts, under age 25, USCCU loan, or at least $25 monthly deposit.$2,500 minimum initial deposit$10,000 minimum initial deposit and daily balance$1,000 – $50,000 deposits, three-month to five-year terms. No monthly service charge.
Dividends/InterestPaid quarterlyTiered dividend structure rewards higher balances with higher yieldsHigher dividends than a regular Money Market accountOur highest dividends
AccessibilityAccess funds with ATM card.Access funds via Online Banking, checks or ATM.Access funds via Online Banking, checks or ATM.None for length of term. Early withdrawal penalties apply.
Links to Open AccountsLearn More about Regular SavingsLearn More about Money MarketLearn More about Value + Money MarketLearn More about Share Certificates

    Certificate Savings Calculator




    i

    APY stands for “annual percentage yield.” It’s the rate of return on your money, or how much money your money earns over time.

    $32,850.18 Your total balance

    Interest earned by month 15:

    • Your earnings$11847.00
    • Compared APY$3030.44

    Total interest earned = $12850.18

    Let’s chat.

    Need help deciding on a personal savings account? Talk to a member associate. We’re always here to lend an ear and all the guidance you need.

    Fast and easy way to fill out membership application as well as auto loan application. Lowest interest rate I found!

    -Spencer

    • Checking Accounts

      Free ATMs. Free Online Banking. USC Credit Union checking accounts give you perks and plenty of choices from our no-fee basic to interest-bearing accounts.

    • IRAs

      Invest in your future. Make tax-deductible annual contributions with a traditional Individual Retirement Account (IRA). Earn tax-free, compounded growth with a Roth IRA.

    • Family Membership

      Already a member? Extend the benefits of USC Credit Union membership to everyone in your immediate family or household - they’re all invited to become a member owner!

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        *Disclosures

        4.50% APY* 9-Month New Money Certificate: APY=Annual Percentage Yield is accurate as of 11/19/2024. Fees may reduce earnings. Membership in USC Credit Union required. Must qualify for USC Credit Union membership, and membership fee may apply; please call (213) 821-7100 or visit www.USCCreditUnion.org to confirm eligibility. Must be new money deposit from another financial institution. Existing USCCU funds not applicable. $1,000 minimum opening amount with no maximum deposit amount. Once mature the 9-month term certificate will automatically roll over to 12-month term at that APY. A bonus rate on all certificates of $50,000 or more does not apply. The share certificate will be closed, and an early withdrawal penalty will be imposed on the entire balance if a withdrawal of principal is made prior to the Maturity Date. Please refer to Account Agreement and Truth-In-Savings Disclosures for more information. Dividends will not be earned if the share certificate is closed before the dividends are credited by the ending date of each month. This promotion does not apply to Individual Retirement Accounts (IRA) and Shared/Certificate Secure Loans. All credit union programs, rates, terms, and conditions are subject to change without notice. Offer rates and terms are subject to change without notice. Promotional offers cannot be combined with any other offers. Offer ends December 13, 2024.

        Homecoming $100 Bonus: Offer starts November 16, 2024. Must open a new checking account product with a debit card and share account with a minimum of $10. Must sign up for e-statements and establish a direct deposit totaling $500 within the first sixty (60) days of account opening. Account must be in good standing at the time of award, with no negative balances or loan delinquencies. Offer may not be combined with any other promotion and may be canceled at any time without notice. Offer does not apply to second or multiple checking accounts and/or existing checking members and is limited to one bonus per household. The $100 bonus may be considered interest reportable on IRS Form 1099-INT. Must use Promo Code HC24 to qualify. Offer ends December 31, 2024. Subject to change.


        1        $3 monthly fee assessed if combined average in all savings, checking, money market, certificate and IRA accounts falls below $100 and account holder has no outstanding USC Credit Union loan balances. Fee waived if under age 25 or one monthly $25 deposit occurs.

        2Citibank free ATM transactions or inquiries apply only to ATMs at Citibank branch locations. Two free non-shared network ATM transactions per month with Student Checking, five free with Gold Checking, unlimited with Trojan Checking. When you use an ATM not displaying the USCCU or Co-Op ATM symbols, the ATM owner may charge additional fees. View our Schedule of Fees for details on any fees you may incur.

        3View our Schedule of Fees for details on Money Market account fees.

        4Contributions are not tax-deductible and are limited to $2,000 annually. Available only to single taxpayers with adjusted gross income (AGI) levels of $95,000 or below and married taxpayers with AGI of $190,000 or below.

        USCCU pays a bonus rate on all certificates over $50,000. Please refer to the USCCU Truth-in-Savings disclosures for complete information on account terms and related conditions. Early withdrawal penalties apply. IRS penalties may apply for premature withdrawals in addition to an early withdrawal penalty. Please consult your tax professional for more information. Federally insured by National Credit Union Administration (NCUA).