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No matter what you’re saving for, this is the best place to start! A Traditional Savings account establishes your GenFed membership, giving you access to our wide variety of products and services.
This account is perfect for saving money long-term, building an emergency fund, or just setting money aside for a rainy day.
|Traditional Savings Account Rates|
|Required Opening Deposit||Minimum Balance to Earn Dividends||Dividend Rate (APY)|
You can make saving automatic with direct deposit, payroll deduction, or by setting up recurring transfers from other accounts. Plus, it’s easy to manage your savings with free online and mobile banking and your choice of free printed or e-Statements.
APY = Annual Percentage Yield. See rates page for full rates disclosures. ACCOUNTS INSURED UP TO $500,000. American Share Insurance insures each account up to $250,000. Excess Share Insurance Corporation provides up to an additional $250,000 of insurance per account.