Savings Accounts

A $5 minimum deposit is all that's required to open a savings account and must remain on deposit at all times. Dividends are earned on your savings when the balance is $100 or more. By keeping a minimum of $300 in the account, or by opening a checking account or getting a loan with the Credit Union, there is no monthly service charge*.

* If you have only a savings account and no other services at the Credit Union (checking account or loan), there will be a $3 monthly fee as well as a 1% check cashing fee for all checks being cashed on the account.

Certificate Accounts

Open a certificate account for as little as $1,000, then select the time frame and dividend that best meets your needs. Dividends can accrue quarterly in the certificate or be paid monthly, directly into your checking or savings account. And all accounts are federally insured by the National Credit Union Administration up to $250,000.

Money Market Accounts

Wouldn’t it be great to earn high dividends without monthly fees? With an iQ Money Market account, you can. Simply maintain a minimum of $1,000 in the account and watch your investment grow. Depending on your balance, you will be in one of four tiers. The more you deposit, the higher your return. Money Market dividends are calculated on a daily basis. And unlike other accounts of this type, you can still access your funds whenever you like, with up to six free withdrawals each month.

A Note About Regulation D (Reg D)

 Regulation D (Reg D) is a federal regulation that places a monthly limit on the number of transfers you may make from a non-transactional deposit account without your physical presence being required. 

Transfers affected by this regulation include:

  • Transfers made using Online and Mobile Banking
  • Transfers made using Telephone Banking 
  • Overdraft transfers (made to cover insufficient funds in other accounts)
  • Pre-authorized, automatic, scheduled or recurring transfers (which you might know as "ACH" or "EFT" transactions)

You are allowed six such transfers per month, per account. More information. 

Current Personal Account Rates


Planning for retirement? Saving for college? You can open an IRA at iQ Credit Union with as little as $25. Then add to it monthly, quarterly or as an automatic deduction from your paycheck. Here’s a look at the different types of IRAs.

Traditional IRA

Roth IRA

Coverdell Education Savings Account

Enjoy tax-free funds for a financially secure retirement. Contributions are tax-free, withdrawals are taxed. Deposit up to $5,500 per year, $6,500 if you are over 50. Withdraw after age 59½ without IRS penalty.

Discover financial flexibility for a tax-free retirement. Contributions are taxed, withdrawals are tax-free. Deposit up to $5,500 per year, $6,500 if you are over 50. Withdraw contributions anytime without IRS penalty.

Take advantage of tax-free cash for a college education. Parents, grandparents and family friends can add to the account. Deposit up to $2,000 per year. Use the money for any qualified education expense, including tuition, room and board, books and more.

Disclaimer: Earnings in an IRA are tax-deferred until withdrawal. A 10% penalty may be imposed for early withdrawal before age 59 1/2. Penalties are based on current tax laws. You should consult with a tax advisor before doing any retirement planning. Tax advice should only be provided by a tax professional.

Find out more about IRAs with the help of our IRA Service Center.