Primary Savings
Put your savings to work
Whatever your financial plans may be, Rio Grande Credit Union's traditional savings account is a great place to start. It can help you create a cash reserve to cover unexpected expenses or pay for planned expenses. Your money grows safely—building dividends—until you need it.
- Great emergency cushion
- Competitive savings rate compounded daily and paid monthly
- Quickly and easily transfer funds using the mobile app or online branch
- Secondary accounts available for planned expenses like vacations, education, holidays and gifts
Tip: Set up automatic transfers to move money into your savings account on a regular basis.
Primary savings account details
- Only $5 to open an account
- Requires an average daily balance of $5
- No monthly service fees
- Earns dividends on average daily balance of $25 or more
- Insured by NCUA
| Primary Savings | |||
| Effective Date: Thursday, October 31st, 2024 | |||
| Minimum Balance to Open Account | Minimum Balance to Earn Dividends | Dividend Rate | APY |
| $5.00 | $25.00 - $999.99 | 0.10% | 0.10% |
| $5.00 | $1,000 and Above | 0.15% | 0.15% |
| APY is an abbreviation of Annual Percentage Yield. Balance refers to Daily Average Balance. All rates and APY are subject to change without notice. Certain restrictions apply. Unless paid otherwise, all dividends are compounded monthly. | |||
Secondary Savings
Secondary savings account details
- A smart way to save for short-term goals (tuition, new car, etc.)
- $25 to open an account
- No minimum daily balance requirement
- No monthly service fees
- Dividends accrue on any balance
- Insured by NCUA
| Secondary Savings | |||
| Effective Date: Thursday, October 31st, 2024 | |||
| Minimum Balance to Open Account | Minimum Balance to Earn Dividends | Dividend Rate | APY |
| $25.00 | $25.00 - $999.99 | 0.10% | 0.10% |
| $25.00 | $1,000 and Above | 0.15% | 0.15% |
| APY is an abbreviation of Annual Percentage Yield. Balance refers to Daily Average Balance. All rates and APY are subject to change without notice. Certain restrictions apply. Unless paid otherwise, all dividends are compounded monthly. | |||
Vacation Club
Vacation Club Account
Vacations are relaxing, but they can also be expensive. Try a Vacation Club account to help you save money and watch it grow throughout the year.
Get started for just $25, and set up automatic deposits from your Rio Grande Checking Account. Then, when it’s time for vacation, your money is ready for you.
| Vacation Club | |||
| Effective Date: Thursday, October 31st, 2024 | |||
| Minimum Balance to Open Account | Minimum Balance to Earn Dividends | Dividend Rate | APY |
| $5.00 | $25.00 | 1.00% | 1.00% |
| APY is an abbreviation of Annual Percentage Yield. Balance refers to Daily Average Balance. All rates and APY are subject to change without notice. Certain restrictions apply. Unless paid otherwise, all dividends are compounded monthly. | |||
Rainy Day Club
Rainy Day Club Account
Experts suggest we establish an "emergency fund" equal to between three and six months of your income - just in case.
Our Rainy Day Club Account makes it easy to set money aside, thanks to automatic transfers from your Rio Grande Credit Union Checking Account and payroll deductions. Setting a little money aside every month means you don’t have to pay out of pocket the next time a rainy day comes along.
| Rainy Day Club | |||
| Effective Date: Thursday, October 31st, 2024 | |||
| Minimum Balance to Open Account | Minimum Balance to Earn Dividends | Dividend Rate | APY |
| $5.00 | $25.00 | 1.00% | 1.00% |
| APY is an abbreviation of Annual Percentage Yield. Balance refers to Daily Average Balance. All rates and APY are subject to change without notice. Certain restrictions apply. Unless paid otherwise, all dividends are compounded monthly. | |||
Christmas Club
Christmas Club Account
‘Tis the season for holiday savings
This year, give yourself the gift of financial peace of mind with our Christmas Club Account. You can save for the holidays year round, adding a little or a lot along the way. When the shopping season rolls around, you'll be ahead of the game. It’s a great way to plan ahead and reduce holiday debt.
Tip: set up automatic periodic deposits from your Rio Grande Checking account. Set it & forget it!
| Christmas Club | |||
| Effective Date: Thursday, October 31st, 2024 | |||
| Minimum Balance to Open Account | Minimum Balance to Earn Dividends | Dividend Rate | APY |
| $5.00 | $25.00 | 1.00% | 1.00% |
| APY is an abbreviation of Annual Percentage Yield. Balance refers to Daily Average Balance. All rates and APY are subject to change without notice. Certain restrictions apply. Unless paid otherwise, all dividends are compounded monthly. | |||