With a minimum deposit of only $15, you can open a dividend-earning Savings (Share) Account* and become a member of evolve Federal Credit Union. Your Share Account will earn a dividend rate that will be paid to you quarterly. You will receive a quarterly statement detailing the transactions you made to your account during that period.
*You must have an average daily balance of $50 to earn dividends.
evolve FCU offers a wide range of savings options to our members.
Opening a savings account is easy and safe and can be done in as little as 10 minutes online!
Your savings will be insured up to at least $500,000 through the National Credit Union Administration and Excess Share Insurance Corporation (ESI)*.
- Members may make up to six transfers or withdrawals per calendar month.
- You also have the option to purchase a pack of special Money Market Account checks.
- Must have minimum balance of $2,500 to open account and earn dividends
- Three tier structure of balances from $2,500, $25,000 or $100,000.
- Balance below $2,500 in a month will be assessed a $5 service fee
- Earns higher dividends than complete checking
- Allows easy deposits and withdrawals
- Federally insured by NCUA up to $250,000 and ESI insured up to $250,000
- Dividends paid monthly
- Automatic transfers to or from your checking account
- 24-hour automatic Telephone Banking (MARS)
With a Youth Savings account, your child or teen can have the same advantages of our Savings account, but with your added guidance.
An escrow account is a trust account that is established in the borrower's name to pay items such as taxes, insurance, and private mortgage insurance (if required) on your property. Each month, a portion of your monthly payment is deposited into the trust account so that over time, enough has been saved to pay the amount when it is due.
Your savings are insured up to $500,000. The first $250,000 per member is insured by the National Credit Union Administration (NCUA), a U.S. Government Agency, with an additional $250,000 of coverage provided by Excess Share Insurance Corporation (ESI), a private corporation.