Types of Savings Accounts

Savings Account

Savings is foundational to financial health. CUTX’s straightforward, free savings account lets you save for a future expense. Dip into your savings up to 12 times per year while earning interest and dividends.

Kids Savings Account

Open it with only $5. The Kids Savings is for kids and teens up to 18 years old. Earn interest on your savings with no fees or daily minimums. Easy peasy. Visit a branch location to open a new account today.

Member's Choice Savings

Save for the unexpected. Member's Choice Savings can be opened with as little as $25, and you begin earning dividends when your daily balance exceeds $100. Open yours online today.

Holiday Savings

Save for the holidays year-round with a Holiday Savings. Withdrawals can be made between November 1st and January 31st at no fee. Earn dividends when your average daily balance exceeds $100. Open yours online today with as little as $25.

Enroll In The CUTX Savings Email Series

Enroll in CUTX's Savings and Money Management Email Series today! You'll get a no-pressure series of occasional emails with original content and insights that can help you make the most of your savings and develop a plan for the long run.

Savings

The Annual Percentage Yields (APYs) are accurate as of December 10, 2019 and are subject to change.

Please select your min balance

$0 - $99.99 $100 - $500 $500.01 - $1,000 $1,000.01 - $2,000 $2,000.01 +
Dividend Rate APY* Dividend Rate APY* Dividend Rate APY* Dividend Rate APY* Dividend Rate APY*
Regular .00 .00 .05 .05 .05 .05 .05 .05 .05 .05
Holiday Savings .00 .00 .05 .05 .05 .05 .05 .05 .05 .05
Members Choice .00 .00 .05 .05 .05 .05 .05 .05 .05 .05

Kids Savings

The Annual Percentage Yields (APYs) are accurate as of December 10, 2019 and are subject to change.

Please select your min balance

$0 - $500 $500.01 - $1,000 $1,000.01 - $2,000 $2,000.01 +
Dividend Rate APY* Dividend Rate APY* Dividend Rate APY* Dividend Rate APY*
Kids Savings .25 .25 .25 .25 .40 .40 .40 .40
Ready to Get Started?
Open Your Account Online
Talk to an Account Specialist

972-263-9497

CUTX answers all inquiries Monday through Friday 9:00 am to 6:00 pm and Saturdays 10:00 am to 2:00 pm.

The Impact of Saving More

Easy Ways To Use Your CUTX Savings Account

Set up Automatic Transfers

An easy way to save more is by setting up automatic transfers to your savings account. Even as little as $5 every week will start to add up.

Use It To Build Or Repair Your Credit

Deposit the amount you want to secure into your savings, then apply for a Secured Loan. You'll start building credit with every monthly payment you make back toward your savings.

Use It For Overdraft Protection

When an unexpected overdraft occurs, using your savings account for protection may be cheaper than an overdraft fee. Not recommended for those who overdraft more than ten times per year.

FAQs - Savings

There must be a minimum of $5 in a regular saving account.

Only the Share Savings Account requires a minimum of $50 to avoid a $5 service fee. Other types of savings accounts have no required minimum to avoid fees.

An excessive withdrawal fee of $5 per withdrawal may be assessed if more than twelve withdrawals are performed within a single calendar year.

For the regular Share Savings Account and Kids Account, the opening deposit is $5. For the other savings accounts such as Holiday Savings and Member Choice, the opening deposit is $25.

Yes! You can make up to twelve (12) withdrawals per calendar year without incurring a withdrawal fee. The timing and amount of those transactions is entirely up to you.

The interest you earn is variable and may change as the prime interest rate fluctuates.

*APY Annual Percentage Yield. Interest Rates are subject to change without notice. Interest is calculated and accrued daily based on the daily balances in the account. Fees could reduce earnings. A copy of the Truth in Savings Disclosure will be provided to you before you open your account or is available at any time upon request from a teller.