Save Today, Plan for Tomorrow
Becoming a CSE member is as easy as opening a savings account! Every CSE member is required to open a standard savings account and maintain a minimum balance of $5.00. Along with making deposits, withdrawals and direct deposits, you can also access your account from anywhere with our electronic services.
Please note: The minimum balance needed to earn dividends on this account is $100.00 for adults and $25.00 for children who have an M3 Kids Account or Elements of Money Teen Account. See our current rates today.
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More than the Average Savings Accounts
Money Management Accounts – Complement your savings and checking accounts with a money management account to streamline your finances. This account traditionally earns a higher rate of return than the share account. Dividends are compounded weekly. Guidelines for this account are:
- Minimum average daily balance of $1,000.00 to earn dividends
- Minimum withdrawal of $500.00
Term Share Certificates – Earn money faster while you save with a term share certificate. The minimum amount for a term share certificate is $500.00. Certificate rates are reviewed and set monthly by the credit union's Board of Directors. CSE’s term share certificates options are:
- 91 Days
- 6 Months
- 1 Years
- 18 Month
- 2 Years
- 3 Years
- 4 Years
- 5 Years
- 6 Years
- 7 Years
Penalties are applied for withdrawing money from a Term Share Certificate before the term length is up.
Club Accounts
Open a club account for a short-term savings option to help pay for expenses you plan on every year. CSE offers two club accounts - Christmas Club and Vacation Club. These accounts may be opened anytime during the year. Christmas Club funds are disbursed on November 1st and Vacation Club funds on April 1st.
Special Accounts
Special savings accounts can be set up to help you save for a special purpose. These accounts are exactly the same as CSE’s Savings (Share) Accounts but allow members to have an extra account for rainy days or other saving purposes. Please reach out to a member service representative for details.
Health Savings Accounts (HSAs)
If you’re covered by a high-deductible health plan, a Health Savings Account (HSA) is a great way to receive tax-preferred treatment of money saved for medical expenses. If you think you may qualify for an HSA, we recommend that you consult with a tax advisor before opening one of these accounts.
IRAs
Whether you’re saving for retirement or need to roll another IRA or 401K to a new account, CSE has a Traditional, Roth or Coverdell Educational IRAs for your financial planning. Rates are reviewed and set by the credit union's Board of Directors on a monthly basis. There is a penalty for early withdrawals. Please feel free to contact us for details or questions.
Get Easy Access to Your Savings Accounts
Our electronic services include: online banking, mobile banking and bill pay. With these services you can set up account alerts to go straight to your phone, make mobile check deposits, pay your bills all at once and more. See all the benefits of our electronic services and take control of your finances today.