High Yield Savings Accounts
The competitive savings option for boosting your finances.
Find Interest Rates that Build Your Total Savings
Our High Yield Savings Account is designed to help your money work harder, without giving up flexibility. At Educational Systems Federal Credit Union, we offer a competitive high yield savings option for Credit Union members looking to make the most of their deposits and reach savings goals. With tiered savings account balances specifically designed to reward higher savings, this high interest account is built to support your financial growth while keeping your funds accessible.
How a High Yield Savings Account Benefits You:
- Tiered rate structure designed to support growing HYSA balances4
- Competitive, variable interest rates to help your savings grow
- Easy access to funds when you need them
Ready to elevate your savings?
Open a High Yield Savings Account with a $100 minimum opening deposit and begin saving with greater momentum.
SAVINGS RATES
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See how different savings rates can impact your savings strategy
COMPLETE YOUR SAVINGS STRATEGY
Pair your High Yield Savings Account with one of our Checking Accounts for seamless banking.
Effective Date: April 6, 2026
| Account Type | Minimum Balance | Dividend Rate | APY |
|---|---|---|---|
| Dividend Checking1 Open Now | $500 | 0.05% | 0.05% |
| Membership Savings2 Open Now | $5 | 0.01% | 0.01% |
| Special Purpose Club2 Open Now | - | 0.01% | 0.01% |
| Premium Summer Pay Tier One1, 3 Open Now | - | 1.98% | 2.00% |
| Premium Summer Pay Tier Two1, 3 Open Now | $20,000 | 0.01% | 0.01% |
| High Yield Savings Accounts Tier One1, 4 Open Now | $0.00 | 2.47% | 2.50% |
| High Yield Savings Accounts Tier Two1, 4 Open Now | $1,000.01 | 2.72% | 2.75% |
| High Yield Savings Accounts Tier Three1, 4 Open Now | $50,000.01 | 2.96% | 3.00% |
| High Yield Savings Accounts Tier Four1, 4 Open Now | $100,000.01 | 3.20% | 3.25% |
| High Yield Savings Accounts Tier Five1, 4 Open Now | $250,000.01 | 3.45% | 3.50% |
| High Yield Savings Accounts Tier Six1, 4 Open Now | $500,000.01 | .01% | .01% |
APY=Annual Percentage Yield.
1 Dividends are compounded and credited monthly.
2 Dividends are compounded and credited quarterly.
3 The Premium Summer Pay account is only available for Direct Deposits received from qualifying school systems and community colleges. The Tier One Annual Percentage Yield (APY) applies to average daily balances up to $20,000. The Tier Two APY applies to average daily balances above $20,000. Rates are subject to change without notice. Fees could reduce earnings. Automatic distributions can be made to an Educational Systems FCU savings or checking account, or to another financial institution in four equal proportions on the first and third Friday of July and August. Withdrawals are restricted to summer disbursals in July and August. A $35 fee will be assessed for each early withdrawal made outside of this time period.
4 High Yield Savings Accounts rates are tiered, variable and based on balance thresholds that may change at any time without notice. Dividends are compounded and credited monthly. Limit of one High Yield Savings Account per member. Minimum account opening balance requirement is $100. Average daily balance of $0.00 up to $1,000 earn the applicable Tier One rate. Average daily balance of $1,000.01 up to $50,000 earn the applicable Tier Two rate. Average daily balance of $50,000.01 up to $100,000 earn the applicable Tier Three rate. Average daily balance of $100,000.01 up to $250,000 earn the applicable Tier Four rate. Average daily balance of $250,000.01 up to $500,000 earn the applicable Tier Five rate. Balances of $500,000.01 and above will earn the prevailing Membership Savings rate.
1 Dividends are compounded and credited monthly.
2 Dividends are compounded and credited quarterly.
3 The Premium Summer Pay account is only available for Direct Deposits received from qualifying school systems and community colleges. The Tier One Annual Percentage Yield (APY) applies to average daily balances up to $20,000. The Tier Two APY applies to average daily balances above $20,000. Rates are subject to change without notice. Fees could reduce earnings. Automatic distributions can be made to an Educational Systems FCU savings or checking account, or to another financial institution in four equal proportions on the first and third Friday of July and August. Withdrawals are restricted to summer disbursals in July and August. A $35 fee will be assessed for each early withdrawal made outside of this time period.
4 High Yield Savings Accounts rates are tiered, variable and based on balance thresholds that may change at any time without notice. Dividends are compounded and credited monthly. Limit of one High Yield Savings Account per member. Minimum account opening balance requirement is $100. Average daily balance of $0.00 up to $1,000 earn the applicable Tier One rate. Average daily balance of $1,000.01 up to $50,000 earn the applicable Tier Two rate. Average daily balance of $50,000.01 up to $100,000 earn the applicable Tier Three rate. Average daily balance of $100,000.01 up to $250,000 earn the applicable Tier Four rate. Average daily balance of $250,000.01 up to $500,000 earn the applicable Tier Five rate. Balances of $500,000.01 and above will earn the prevailing Membership Savings rate.
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