Savings Accounts
Simple ways to save for what matters, one step at a time.
A Simple Place to Start Saving
Open your first account with as little as $5, earn dividends, and set money aside for the goals that matter to you.
Savings Built Around Real Life
You don’t need a lot of money or a complicated plan to begin.
Start With $5
A $5 deposit opens your savings account and establishes your Heritage South membership.
Save for More Than One Goal
Open additional savings accounts to keep money separate for emergencies, a car, a trip, or anything else you are planning.
Earn Quarterly Dividends
Your savings can earn dividends that are calculated and paid every quarter.
Your Money Is Protected
Our deposits are federally insured by the National Credit Union Administration.
Choose How You Want to Save
Start with basic savings or open an account for a specific goal.
Savings Account
Our basic savings account makes you a member and gives you access to the credit union’s other products and services.
- $5 minimum opening deposit
- Keep at least $5 in the account to maintain membership
- Earn quarterly dividends
- Open additional accounts for different goals
- Add money through direct deposit, transfers, or a branch
Special Club Savings
Saving is often easier when the money has a clear purpose. Use a Special Club account for a vacation, taxes, school costs, or a future purchase – you name the goal!
- Choose what you are saving for
- No minimum balance required to keep the account active
- Earn the same dividends as regular Share Savings
- Move money through online or mobile banking
Christmas Club
Set aside money before holiday expenses arrive. Add money during the year and we will automatically move the funds to your savings account around the middle of October.
- Save throughout the year
- Set up automatic transfers
- Keep holiday money separate
- Earn the same dividends as regular Share Savings
- Funds transfer in time for holiday shopping
Our Current Rates
|
Account |
Dividend Rate |
Annual Percentage Yield (APY) |
|---|---|---|
|
Rates disclosed are the previous quarters’ declared dividend rate. Share account rates are declared at the end of the dividend period and are subject to change quarterly. Fees may reduce earnings. |
||
|
Account Share Savings |
Dividend Rate 0.25% |
Annual Percentage Yield (APY) 0.25% |
|
Account Christmas Club |
Dividend Rate 0.25% |
Annual Percentage Yield (APY) 0.25% |
|
Account RoundUP |
Dividend Rate 0.25% |
Annual Percentage Yield (APY) 0.25% |
|
Account Special Club |
Dividend Rate 0.25% |
Annual Percentage Yield (APY) 0.25% |
Questions? We’re here to help.
You need a minimum $5 deposit in Share Savings, along with a one-time $1 membership fee, to join Heritage South.
Yes. You must keep at least $5 in your Share Savings account to maintain your Heritage South membership.
Yes. You can open additional accounts to keep money separate for different goals, such as emergencies, vacations, taxes, or a vehicle.
Yes. Share Savings, Special Club, and Christmas Club accounts earn dividends. Dividends are calculated and paid quarterly. Visit the Rates page for current rates.
The balance in your Christmas Club account is automatically transferred to your Share Savings account around the middle of October.
Yes. All deposits are federally insured by the National Credit Union Administration up to applicable limits.
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