Savings
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Saving Accounts
A person becomes a member upon approval of an application for membership and an initial deposit of $25, which must remain in the account. When the account is closed, the $25 will be refunded to the member.1
You must have a share (savings) account with OFCU in order to have any other products or services such as checking, loans, etc.
There is no monthly service charge unless you fall below the required $25, then a $1.00 monthly fee will be assessed.
Dividends are computed daily, compounded and paid monthly.
Request OFCU’s Truth in Savings Disclosure at any branch location or call us at 575-434-8500.
1 Account Early Closure Fee (within 6 months of opening).
Share Rates
DIVIDENDS FOR THE PERIOD 2-01-2025 to 2-28-2025 Were Declared at the Following Annual Rate
| Type of Account | Dividend Rates | Annual Percentage Yield (APY) |
|---|---|---|
| Regular Savings | .15% | 0.15% |
| Checking | .00% | .00% |
| Share IRAs | .15% | .15% |
| HSA | .00% | .00% |
| Share and IRA Certificates | The Rate Shown On Each Certificate | Various |
POSTING DATES: 2-28-2025 AND/OR, FOR SHARE AND IRA CERTIFICATES, THE MATURITY DATE of the certificate. This dividend declaration was declared by the board of directors on 2-19-2025. Dividend rates are subject to change. Contact any OFCU member service representative to confirm current rates. Fees could reduce the earnings on accounts. Membership eligibility requirements apply. Minimum deposit to open a Regular Savings is $25. Minimum deposit to open a Share IRA is $100. APY is earned if dividends remain in the account for one year. Minimum deposit to open Money Market Account is $2,500, with a minimum balance of $2,500 to earn dividends.
Safe Deposit Boxes
| Size | Current Fee |
|---|---|
| 3x5 | $20.00 per year |
| 5x5 | $30.00 per year |
| 3x10 | $30.00 per year |
| 5x10 | $40.00 per year |
| 10x10 | $65.00 per year |
| Key Replacement or Box Drilling will be charged at actual cost. | |
Not insured by the NCUA.
Youth Savings Accounts
CU Rising for Ages 13-18
Kirby Kangaroo Club for Ages 0-12
More Savings Options
Money Market
Access higher dividend rates than saving accounts and limited check writing privileges.
Elite Checking
powered by BaZing A powerful new way to save money! Browse. Shop. Save. Protect.
TruStage
Get an instant, no obligation quote or explore your coverage option for Life, Home, Auto & AD&D.
Not insured by the NCUA.
GreenPath Financial Wellness
offers you access to debt management services.
Not insured by the NCUA.