Savings
EWCU savings accounts may be started with as little as $25, Share accounts are ideal if you need quick and easy access to manage your savings account. It can also be used for overdraft protection when tied to your checking account.
Account Features:
-
Competitive Dividends
-
Earnings calculated daily and paid quarterly
-
Convenient access with your Debit Card
-
24/7 accessibility through Online Banking and our Mobile App
Apple: EWCU Local 58
https://apps.apple.com/app/ewcu-local-58/id6754845182
Google: Electrical Workers Local 58 CU
https://play.google.com/store/apps/details?id=net.ewcu.ewcu
IMPORTANT CHANGES
4 Digit Base Account number will remain the same but Suffix's have changed, we are no longer using an alphabetical suffix system, so be on the look out for your new suffix.
* You can see your new Suffix's , Check Digit and New 14 digit MICR on your Online banking!
ACH or Direct Deposit - Current ACH or Direct deposit transactions will NOT be affected.
New ACH or Direct deposits:
- SAVINGS - Add the new suffix to the end of the account number. (Ex. XXXX000)
| Tier | Account Balance | Dividend Rate |
|---|---|---|
| A | $99.99 - $2,499.99 | 0.05% apy = annual percentage yield |
| B | $2,500.00 - 24,999.99 | 0.05% apy = annual percentage yield |
| C | $25,000.00 - $99,999.99 | 0.08 % apy = annual percentage yield |
| D | $100,000.00 - $999,999.99 | 0.10% apy = annual percentage yield |
| E | $1,000,000.00 AND Greater | 1.00% apy = annual percentage yield |
Holiday Savings Club
We offer Holiday Club accounts which are ideal if you want to stop worrying about having enough money to buy gifts for friends and family, You may deposit as much or as little as you like. Withdrawls are only Avalible between October - December of the current year.
- Competitive Dividends
-
Earnings calculated daily and paid quarterly
-
24/7 accessibility through Online Banking and our Mobile App
| Tier | Account Balance | Dividend Rate |
|---|---|---|
| A | $99.99 AND greater | 0.15% apy = annual percentage yield |
What could my recurring (monthly) savings grow to?
Different factors can impact the growth of your savings over time such as the frequency of deposits and the rate of compounding. Use this calculator to determine the future value of your recurring savings and any existing balance you might have accumulated.