Savings, CDs & IRAs

Do you have questions about what's the best saving account options are for you?

Alden Credit Union understands that everyone’s financial needs are different; therefore, we offer unique savings account options for all of our members. Whether you are in need of immediate savings, retirement savings, or even a vacation savings, we have an option that matches your individual needs. We also offer free financial services. Our knowledgeable bankers will help you determine which saving option best meets your needs and financial goals.

Statement Savings Accounts

  • Earns interest
  • No maintenance fee
Statement Savings Account Rates
Rates effective as of June 3, 2021
Account Type APY Current Rate
Statement Savings 0.05% 0.05%
IRA Savings 0.05% 0.05%
Christmas Club 0.05% 0.05%

NOTE: All rates are subject to change without notice. The Annual Percentage Yield (APY) assumes principal and interest will be reinvested at a rate equal to the current rate.

Money Market Accounts

Our Money Market account offers a convenient way to save and build for the future.

  • Earn higher dividends than regular savings
  • With tiered rates the more you save, the more you earn
  • You can open with just $1,000
  • Dividends are earned on the average daily balance, and credited and compounded monthly
Money Market Rates
Rates effective as of June 3, 2021
Balance APY Current Rate
$1.00 - $4,999.99 0.10% 0.10%
$5,000.00 - $19,999.99 0.15% 0.15%
$20,000.00 - $49,999.99 0.25% 0.25%
$50,000.00 - $99,999.99 0.35% 0.35%
$100,000.00 and over 0.45% 0.45%

NOTE: All rates are subject to change without notice. The Annual Percentage Yield (APY) assumes principal and interest will be reinvested at a rate equal to the current rate.

Certificate of Deposit (CD) Accounts

A CD is a wise choice for depositors who don’t need immediate access to savings. It is a convenient way to start investing in your future.

  • Competitive Rates
  • Set your own maturity date anywhere from 6 months to 5 years
  • Minimum investment of $1,000 investment*

*A penalty may be imposed for early withdrawal.

Certificate of Deposit Rates
Rates effective as of June 3, 2021
Term APY Current Rate
6 Month Certificate 0.20% 0.20%
1 Year Certificate 0.30% 0.30%
18 Month Certificate 0.40% 0.40%
2 Year Certificate 0.50% 0.50%
36 Month Certificate 0.75% 0.75%
5 Year Certificate 1.14% 1.15%

IRA

Saving for retirement may seem complicated and difficult, but when you’re a member, it doesn’t have to be. To achieve your retirement lifestyle goals, you should start saving now. And our IRA options make it simple — no matter what your income level and budget may be.

IRA Rates
Rates effective as of June 3, 2021
Term APY Current Rate
6 Month Certificate 0.20% 0.20%
1 Year Certificate 0.30% 0.30%
18 Month Certificate 0.40% 0.40%
2 Year Certificate 0.50% 0.50%
36 Month Certificate 0.75% 0.75%
5 Year Certificate 1.14% 1.15%

NOTE: All rates are subject to change without notice. The Annual Percentage Yield (APY) assumes principal and interest will be reinvested at a rate equal to the current rate.

Regular IRA

  • May be tax deductible
  • IRA earnings are not taxed until money is withdrawn
  • $25 to open
  • Can be rolled over without charge
  • May withdraw interest monthly without penalty
Regular IRA Rates
Rates effective as of June 3, 2021
Term APY Current Rate
6 Month Certificate 0.20% 0.20%
1 Year Certificate 0.30% 0.30%
18 Month Certificate 0.40% 0.40%
2 Year Certificate 0.50% 0.50%
36 Month Certificate 0.75% 0.75%
5 Year Certificate 1.14% 1.15%

NOTE: All rates are subject to change without notice. The Annual Percentage Yield (APY) assumes principal and interest will be reinvested at a rate equal to the current rate.

CD IRA

  • May be tax deductible
  • IRA earnings are not taxed until money is withdrawn
  • Offered in 6 different terms: 1 year, 1 1/2 years, 2 years, 3 years, and 5 years
  • $1,000 minimum balance is needed to open
  • May withdraw interest monthly without penalty

We also offer Roth IRAs and Education IRAs.

CD IRA Rates
Rates effective as of June 3, 2021
Term APY Current Rate
6 Month Certificate 0.20% 0.20%
1 Year Certificate 0.30% 0.30%
18 Month Certificate 0.40% 0.40%
2 Year Certificate 0.50% 0.50%
36 Month Certificate 0.75% 0.75%
5 Year Certificate 1.14% 1.15%

NOTE: All rates are subject to change without notice. The Annual Percentage Yield (APY) assumes principal and interest will be reinvested at a rate equal to the current rate.

Christmas Club Account

Our Christmas club account provides you with a simple savings program that help you save for holiday shopping or a vacation.

  • $1 is all you need to get started
  • Deposits can be made from of $1 to $190 a week
  • Funds are deposited directly into your Alden account of choice (checking or savings)