Savings Accounts
At Alpena Alcona Area Credit Union, we’re here to support your financial journey. With a variety of savings options designed to fit your goals and the peace of mind that comes from being federally insured by the NCUA, you can count on us to help you move forward with confidence.
Savings Products
Regular Shares
Details:
- A requirement for membership
- $5.00 minimum Deposit
Preferred Shares
Details:
- Open up to ten preferred shares per account
- Assign unique nicknames to each preferred account
- Offers a higher interest rate
- No minimum balance required
- Can open through online banking and mobile app
Money Market
Details:
- Minimum balance of $2,000.00 to earn higher interest rate
- Can open through online banking and mobile app
- Two tiers to ensure you earn more when you save more
Additional Savings Products
Christmas Club
Details:
- Save all year and funds will be automatically transferred to regular shares on October 1
- No minimum balance required
- Can open through online banking and mobile app
Vacation Club
Details:
- Save all year and funds will be automatically transferred to regular shares on June 1
- No minimum balance required
- Can open through online banking and mobile app
Health Savings Account
Details:
- Free
- Used to pay current medical expenses
- Pre-Tax contributions
- Interest accrued is tax-free
- Funds roll over from year to year
Let us help you reach your savings goals!
Schedule an appointment with one of our Certified Credit Union Financial Counselors to review your finances and see how we can help you reach your savings goals!
How much should I save to reach my goal?
What are you saving for: a computer, car, boat, summer home, down payment? Use this calculator to determine what you need to save on a regular basis to have the funds ready when needed.
Your most trusted and valued financial partner for life.
Whether you're looking to save for the future, finance a new home, or simply manage your day-to-day finances, our dedicated team is here to support you every step of the way and provide personalized solutions that grow with you.