Savings Accounts
Find the perfect savings account for you!
What are your savings goals?
At First Heritage Federal Credit Union we realize that everyone’s financial needs are different, which is why we offer a variety of personal savings accounts to meet those needs. Choose from our most basic account, one that earns high dividends, vacation or holiday accounts, or even a savings account designed for kids!
Whether you’re saving for your next vacation, home repairs, or your child’s college education you’ll be able to find an account that works for you. Choose an account based on your specific goals or click on any account above to learn more.
Why Open a Credit Union Savings Account?
First Heritage Federal Credit Union is a local organization, and we pride ourselves on the member service, benefits, and competitive interest rates we offer our members. Joining is easy! If you live, work, worship or attend school in the eleven county community, comprised of the Allegany, Chemung, Livingston, Schuyler, Steuben, Tioga, and Yates counties of New York, and Bradford, Lycoming, Potter, and Tioga counties of Pennsylvania, as well as their immediate family members.*
Start your membership with a Savings account. By doing so, you become a First Heritage owner as well as a member, and you’ll be able to enjoy all the benefits offered only to First Heritage members. You can use this savings account for any type of savings, whether you want to save for something short-term or you want to use it as your main account. Once you become a member, you can explore our other savings account options. We see our members as individuals—not numbers—and we know that everyone has a different financial story.Account Features
- Digital banking to help you manage your money anytime, anywhere
- Direct deposit makes saving easy
- Member shares insured by the National Credit Union Administration
Prime Savings Accounts
When you open your primary savings account, you become an owner and member of the credit union and will be able to enjoy all of the benefits offered exclusively to First Heritage members.
Our Prime Savings Account may be used for practically any purpose. You can use it to save for something short-term or as your main savings account.
- Minimum deposit to open: $5
- Minimum daily balance to earn dividends: $100
- Dividends are earned daily and compounded monthly
- NCUA Insured: $250,000
- Every member receives $1,000 in Accidental Death and Dismemberment Insurance.
Get your no-cost coverage.
+APY= Annual Percentage Yield.
APY+:
up to
0.15 %
APEX Saver
Free APEX Saver is a simple way to save because it pays higher dividends on your balance!
Qualifying for your APEX Cash or APEX Cash Back rewards automatically qualifies you for the highest APEX Saver rate, too. Earn 0.75% APY* on balances up to $50,000 and .20% APY on balances over $50,000. Enrollments must be in place and all of the following transactions and activities must post and settle to your APEX Cash or APEX Cash Back Checking Account during each Monthly Qualification Cycle:
- At least 1 direct deposit, ACH or transaction or bill payment
- At least 12 debit card purchases
- Be enrolled in and agree to receive eStatements
And if you don’t meet these qualifications, don’t worry — your accounts are still free.
Plus, you’ll still earn our base rate on APEX Saver. And you can get right back to earning your full rewards the very next cycle that you qualify.
+APY= Annual Percentage Yield.
APY+:
up to
0.75%
Money Market
Your savings grow faster with our money market account because you earn a higher dividend rate for a higher balance.
- Minimum deposit to open: $0
- Minimum daily balance to earn dividends: $2,500
- Dividends are earned daily and compounded monthly
- NCUA Insured: $250,000
+APY= Annual Percentage Yield.
APY+
up to:
1.26 %
Vacation Club Savings
There are a few times every year when you’ll probably need extra cash. A Vacation Club is the perfect way to help you save for those occasions. Make deposits when you have extra cash or set up your account for automatic deposits to make saving effortless.
+APY= Annual Percentage Yield.
APY+:
0.10%
Holiday Club
A Holiday Club is the perfect way to set aside extra cash all year for holiday expenses. Make deposits when you have extra cash or set up your account for automatic deposits from your payroll.
Balance transferred to the prime share on Oct 1st.
+APY= Annual Percentage Yield.
APY+:
0.10%
\\\
Educational Resources:
BUILDING EMERGENCY SAVINGS
No one wants to think about car breakdowns or job loss. But as much as we’d like to avoid thinking about them, emergencies do happen. Continue reading about Building Emergency Savings...
*Immediate family member is defined as spouse, sibling, children, parent, grandparent, or grandchild. For our membership purposes, immediate family member includes stepparent, stepchildren, step-siblings, and adoptive relationships in this definition. Household is defined as persons living in the same residence maintaining a single economic unit. Membership eligibility is extended only to individuals who are members of an immediate family or household of an eligible credit union member. Remember, it is not necessary for the primary eligible member to join the Credit Union in order for the immediate family member to join.