Save for what’s next
Save for what’s next
A rainy day. A new home. The holidays. Retirement. Whatever you’re working toward, Firelands Federal Credit Union has savings options for different goals, balances and timelines.
Not sure which one makes sense for you? We’ll help you understand the differences.
Share Savings
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$5 minimum deposit to open -
Earn dividends on balances of $100 or more
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Dividends compounded daily and paid quarterly
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Maintain a $100 minimum daily average balance to avoid the $5 minimum balance fee
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Free digital banking
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Surcharge-free ATMs and Shared Branching available
Money Market Account
For larger balances you want to keep accessible
A Money Market Account lets you earn tiered rates on higher savings balances without committing your money to a fixed term.
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Competitive, tiered rates on balances of $5,000 or more
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Higher balances earn higher rates
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Dividends compounded daily and paid monthly
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No monthly service fees
Share Certificates
For money you can set aside for a specific term
If you can leave your savings untouched for a while, a Share Certificate lets you lock in a fixed rate for a set period.
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Fixed rates higher than regular savings
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Terms from 6 to 60 months
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No setup or maintenance fees
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$500 minimum deposit to open
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Dividends compounded and paid quarterly
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Early withdrawals are subject to penalty
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Youth and limited-time certificates may also be available
Saving for your first home?
Ohio Homebuyer Plus
Planning to buy a home in Ohio? Ohio Homebuyer Plus is a savings account designed for eligible Ohio residents saving toward an Ohio home purchase.
Current Firelands FCU benefits include:
- 7.25% APY*
- Deposit match up to $250 for keeping the account open and active for 90 days**
- $500 toward closing costs when you finance your mortgage with Firelands FCU***
Current requirements include being an Ohio resident age 18 or older, depositing between $500 and $100,000 and using the funds toward an eligible Ohio home purchase within program guidelines.