Savings

Standard Savings Accounts

Any member can open a savings account with a minimum deposit of $5.00 and start earning interest on balances over $500.00. Once a Savings Account is open, the member has access to all Credit Union products and services. A valid driver’s license, or state-issued ID is needed to open an account. Once you’re a member, immediate family members are also eligible join.

Christmas Club Savings Accounts

A savings account designed to help members save for holiday expenses. This is an interest bearing savings account that requires a minimum $5.00 deposit to open. This program runs annually from November 1st through October 31st, members can enroll in the club at any time and the account is automatically renewed each year until the account is closed. Funds in the account are distributed annually on October 31st.

Star Saver

A savings account designed to teach young Credit Union members (up to age 12) about the importance of saving. The Star Saver program offers special incentives to the young saver.

Teen Saver

A savings account designed to help teenager Credit Union members (ages 13 – 17) learn about the importance of saving and gain knowledge of financial products and services. The Teen Saver program offers special incentives to the teen saver.

Insured Savings

The National Credit Union Administration (NCUA), an agency of the federal government, insures your shares to at least $250,000 and backed by the full faith and credit of the United States Government. OKFCU provides additional coverage through Excess Share Insurance.

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