Save Today, Plan for Tomorrow
Opening a CSE savings account is the first step to making your money work for you. Every member starts with a standard savings account with a $5 minimum balance, giving you access to deposits, withdrawals, direct deposits, and anytime/anywhere electronic banking.
Once your membership is established, you can use this account plus any of the other savings options below to enhance your membership.
Want to earn dividends? Keep a minimum of $100 for adults or $25 for kids in M3 Youth or Elements of Money Teen Accounts. Check our current rates to see how your money can grow.
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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 – Save smarter, earn faster. Term Share Certificates can be opened with just $500, with options ranging from 91 days up to 7 years. The more you open the certificate with, the more you'll earn. Rates are reviewed monthly by our Board of Directors.
Need to withdraw from a Certificate early? Penalties may apply, so plan ahead and watch your savings grow.
Club Accounts
Instead of saving for that vacation in the coffee jar, or digging through couch cushions to help pay for the holidays, our club accounts can make funding those big moments easy. Open a Vacation Club or Christmas Club and save year round for those annual expenses. Funds get transferred just in time for their specific seasons each year – Vacation Clubs are disbursed April 1 | Christmas Clubs are disbursed November 1.
Special Accounts
Sometimes you need an extra account just for “that thing", or "just because". Special Savings Accounts work just like our standard savings, but give you a dedicated place to save for rainy days, a goal, or a big purchase. Reach out—we’ll help you set it up.
Health Savings Accounts (HSAs)
Is your insurance a high-deductible health plan? An HSA lets you save for medical expenses with tax advantages. Before opening, we recommend chatting with your tax advisor to make sure it’s the right fit for you.
IRAs
Whether you’re planning for retirement or rolling over another account, CSE has you covered with Traditional, Roth, or Coverdell Educational IRAs. Rates are reviewed monthly by our Board of Directors. Need guidance? We’re here to answer questions and help you make the most of your retirement savings.
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.