Achieve Your Savings Goals!
Take advantage of three high-yield savings options offered by Honor Credit Union. Whether you want the flexibility to enjoy unlimited deposits and withdrawals, earn a high rate on your average daily balance in your checking account, or open a certificate of deposit (CD) to save money for the future, Honor can help!
Choose The Best Option For You
Money Market
Accounts
High-Yield
Checking
Certificate
of Deposit
Money Market Accounts
All three of our Money Market Accounts are fantastic high-yield savings options that’ll allow you to earn a little extra interest on that money you’re saving for something down the road, like a family vacation, wedding, or large down payment. One of the significant advantages of these accounts is that after you make your initial deposit, you still have access to the funds at all times, unlike a CD.
Earn Up To
3.50%APY*
Details
- No monthly fees
- Three accounts to choose from
- Unlimited monthly deposits and withdrawals
- Funds insured by NCUA up to $250,000
*APY= Annual Percentage Yield.
High-Yield Benefits Checking Account
With our free high-yield checking account, you will earn a high rate of interest on your average daily balance. If it sounds too good to be true, it’s not! It’s just another way Honor helps you achieve financial success
You Can Earn
3.50%APY*^
Details
- No monthly or minimum balance fees
- Monthly ATM surcharge reimbursements^
- Easy monthly transactional requirements
- Funds insured by NCUA up to $250,000
*APY= Annual Percentage Yield.
^$25 minimum deposit required. 3.00% APY earned on balances of up to $10,000.00. ATM foreign surcharge fees will be refunded monthly up to $20/month. Requires e-Statements, Direct Deposit, at least 12 debit card transactions that clear your account as signature-based debit transactions per month (note that Honor posts transactions based on how they are received from merchants) and minimum 1 monthly online banking login to earn 3.00% APY. Members not meeting requirements will not earn ATM foreign surcharge fee refunds. No free checks offered on this account. One account per Member. Annual Percentage Yield (APY) as of 01/01/21; Rate is variable and may change after account is opened. Insured by NCUA
Certificate of Deposit (CD)
A certificate of deposit (CD) is an easy way to earn a high rate of interest on money you’re saving for the future. All you have to do is decide how much and for how long, and we’ll do the rest!
Rates as High as
5.12%APY*
Details
- Open CDs with as little as $50
- Flexible terms ranging from 3 to 60 months
- Rate is fixed and guaranteed for length of term
- Most CDs are eligible for one-time rate bump should rates increase**
- Funds insured by NCUA up to $250,000
*APY= Annual Percentage Yield.
**Rate Protector allows a one-time rate adjustment for all standard 3-36 month term CDs and a two time rate adjustment for 37-60 month term CDs with no penalties or fees. The 12-month add-on CD is not eligible for rate protector.
Money Saving Tips
We know it’s not always easy to reach your savings goals, so we have included some helpful tips and tricks from our blog to help you.
Five Smart Ways To Use Your Tax Refund Money
It’s important to prioritize how you spend your tax refund money, from paying off debt to building an emergency fund and much more.
Your Hard-Earned Money Remains Safe At Honor Credit Union
Recent news about the failure of two banks has created concern and we want to assure all our members that your money is safe and will remain so at Honor Credit Union.
What Is a Money Market Account?
Money markets typically offer better rates than savings accounts, are great for short and long-term savers, and give you the flexibility of unlimited deposits and withdrawals.
Four Easy Ways To Maximize Your Savings In 2023
Learn about short-term savings options like a checking account that earns interest or high yield money market, to long-term savings options like certificates of deposit (CDs).
