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Saving Accounts

Open a youth savings account today and receive a $25 bonus!*

Ready to start your savings plan today?

Whether you’re saving to meet a long-term goal, an unexpected rainy day, or a nest egg for retirement, Space City Credit Union has a plan designed specifically to meet your needs. Opening a savings account with a minimum deposit of only $5 establishes your membership for life and allows you to begin your savings plan.

*Accounts only available for members under the age of 18. Must make a deposit of at least $75 dollars to qualify for the additional bonus. Funds will be deposited into the account within 30 days of opening and requirements verified. Promotion runs January 1, 2024 through March 31, 2024. This offer may not be combined with any other promotions.

Savings Account

Low minimum opening requirement and competitively high dividends.

Youth Savings

Kids' accounts to nurture dreams and create opportunities.

College Savings Account

With no early withdrawal fees, your student can use their money for the things they need, when they need it.

Christmas Club Savings

Last minute stress is a thing of the past.

Starting a savings plan is just the beginning of a very prosperous and fulfilling relationship between you and Space City Credit Union. We’ll be here for you throughout life’s journeys to offer guidance, advice or encouragement. We are dedicated to helping you make the most of your money at every stage in life.

Benefits:
✔ Competitive dividend rates
✔ Rates increase as balances grow
✔ Withdrawals are penalty-free
✔ Automatic paycheck deposits available
✔ Receipts and quarterly statements replace passbooks
✔ Dividends compounded and paid quarterly

Special Share Savings programs are also available at the same rates and terms. Use these accounts to save for special occasions such as birthdays or family vacations.

Is there a minimum balance?

The minimum balance to keep your savings account open is only $5.

Do I have to maintain a minimum to earn dividends?

Space City dividends are paid quarterly. In order to qualify for dividends, you must maintain a daily average minimum balance of $100.

Are there any transaction restrictions?

For all share, club, and money market accounts, no more than six (6) preauthorized, automatic, telephone, or internet transfers and withdrawals may be made from each account to another account of yours or to a third party in any month, and no more than three (3) of these six (6) may be made by check, draft, or access card to a third party.

Are deposits into my checking account Federally Insured?
Yes, deposits into both your Star Checking and Star Savings are Federally Insured by the National Credit Union Administration.

Savings Account

With a low minimum opening requirement and competitively high dividends, this account is perfect for anyone starting a savings plan. By opening a Savings Account you immediately earn Member/Owner status at Space City Credit Union and can begin reaping the exclusive benefits we have to offer. Consider this account your all-access pass to all of the state-of-the-art products and services our members have come to expect from Space City Credit Union.

Savings accounts are free for all members who:

 
Direct deposit (at least monthly of no minimum set amount)OR
 
Open a Certificate of Deposit (Save to Win is only $25 minimum deposit) OR
 
Open a Checking Account or Money Market OR
 
Open an IRA OR
 
Get a Space City Credit Card OR
 
Have any loan (regardless of amount)
 
Saving account balance of $1,000 or more
 

Fee exemptions:
Those 18 and under and 65 or older.

Youth Savings

With an imagination that sees a world without limits, the dreams of our youth are BIG. At Space City Credit Union, we believe in those big dreams and little dreamers. That’s why we’ve created a kids’ account to nurture dreams and create opportunities. Youth Savings is an account for future astronauts and superheroes; for aspiring doctors, firefighters, and nurses. The kids aren’t waiting to plan their future, why should we? Start saving for your little dreamer today.

College Savings Account

The expenses of college life can add up quickly. Space City Credit Union is here to help with our College Savings account. Our College Savings account earns more money for your future college student than our traditional Youth Savings account. And with no early withdrawal fees, your student can use their money for the things they need, when they need it.

Christmas Club Savings

Waiting until the last minute to do anything is stressful. This year let’s stomp that “last minute” bug that always seems to creep up on us around November and begin saving for the Holidays before they get here. Our Christmas Club Account makes this concept simple. Make small (or large) deposits to this account throughout the year and when December rolls around you’ll have accumulated a pile of money to use for Holiday expenses. Last-minute stress is a thing of the past.

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You are leaving our website now!

You are leaving our website now.  Our website does not provide, and is not responsible for, the product, service, or overall website content on third-party websites. Our privacy policies do not apply to linked third-party websites. Visitors should consult the privacy disclosures on any particular website for further information.