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Supercharge your Savings
Open a Savings Certificates or Money Market Accounts to earn you more.
Right now is a great opportunity to supercharge your savings with UCCU’s new high yield savings account options! UCCU makes it easy to transfer money from other financial institutions to help you maximize your hard earned money!
Power up your savings with incredibly high yields, make now the perfect time to transfer money to UCCU!
It’s easy to get started over the phone, in the branch, or online.
(801) 223-8188 | Branch Locations
Available M–F 8am–6pm, and Sat. 9am–2pm*.
*Saturday hours vary per Branch Location
Standard Savings Certificates
Add a Jump Up Feature to your Standard Certificate!
Worried the yield will go up? Then add a Jump Up to any Standard Certificate for only 0.20% less APY to enjoy the flexibility of a one-time rate Jump up during the life of your certificate!
Money Market Savings Accounts
*APY = Annual Percentage Rate. Please note that rates and fees are subject to change without notice. Personal and Business minimum deposit $500 (Youth $100). Click for Truth in Savings for Certificates. Click for the Disclosure of Business Savings Certificates.
Savings Certificate and Money Market Calculators
Why and How You Should Use the UCCU Savings Certificate Calculator
Why Use It? The UCCU Savings Certificate Calculator is an essential resource for anyone serious about maximizing their savings potential. It removes the guesswork by providing accurate projections based on your deposit amount, term length, and interest rate. With this clarity, you can confidently choose the savings plan that aligns with your financial aspirations.
Compare Scenarios: Adjust variables to explore different options and determine the best strategy for growing your savings.
Input Your Details: Enter your savings amount, preferred certificate term, and the offered interest rate.
How to use the UCCU Money Market calculator
- Enter Your Initial Deposit: Start with the amount you plan to save initially.
- Add Monthly Contributions: Include the amount you plan to save each month to see ongoing growth.
- Set a Timeframe: Choose how many months or years you want to save.
- Input the Interest Rate: Use an estimated rate or a specific one based on your account.
- View Your Results: The calculator will show your projected balance, including total interest earned.
- Take Action: Use the insights to choose a savings strategy that aligns with your goals.
What is the difference between Savings Certificate and a Money Market Savings Account?
A Money Market account allows you to make unlimited deposits and withdrawals – just like a regular Savings Account.
With A Savings Certificate, you make one deposit up front, and then let your money grow over a fixed period of time.And some of UCCU’s certificates come with an add-on feature so you can keep adding money to your savings certificate anytime.
Plus you can add a Jump Up option to many of UCCU’s Savings Certificates to provide you with the option of Jumping Up your rate, one time, anytime during the length of your Savings Certificate term. That way, if rates continue to rise after you open your Savings Certificate, you can Jump Up your rate, and earn even more.
Both a Money Market and Savings Certificate are GREAT options for earning more from your supercharged Savings – A LOT more. And you can get both.
Frequently Asked Questions
What is a savings certificate?
A savings certificate is a secure investment option offered by financial institutions, similar to a certificate of deposit (CD). It allows you to earn a fixed interest rate over a specified period.
What factors affect the returns on my savings certificate?
Your returns are influenced by three main factors: the deposit amount, the length of the term, and the interest rate offered at the time of purchase.
Can I withdraw funds from my savings certificate early?
Early withdrawal is possible but may incur penalties or affect your earnings. Refer to UCCU’s terms and conditions for details about early withdrawal policies.
How Do I Open a Money Market Account?
Opening a money market account is a straightforward process. You can typically open an account online or in-person at a bank or credit union. To open an account, you will need to provide personal information, such as your name, address, and social security number, and make an initial deposit. In person visits typically take 5-15 minutes.
Some MMAs may require a minimum deposit, so be sure to check with the institution before opening an account. You may also need to maintain a minimum balance to avoid fees or earn a higher interest rate. UCCU does not require any minimum deposits at this time.
Are All Money Market Accounts the same?
No. Every financial institution that offers money market accounts will have different interest rates and money deposited requirements. It is important to talk with your financial institution to make sure you are receiving the interest rate as they advertise it. Interest rates also will change over time either going up or down, therefore, being informed and updated is key when viewing interest rates.
What is the Minimum Amount Needed to Open a Savings Certificate
- Personal Savings Certificates require a minimum deposit of $500 to open the certificate.
- Business Savings Certificates require a minimum deposit of $500 to open the certificate
- IRA Savings Certificates require a minimum deposit of $500 to open the certificate.
- Youth Savings Certificates require a minimum deposit of $100 to open the certificate
We’re here to help
*APY=Annual Percentage Yield. Limited time offers. Yields, terms, and conditions are subject to change at any time and without notice. Federally insured by NCUA. Click here for truth-in-savings for savings accounts. Click here for truth-in-savings for savings certificate accounts.