University of Wisconsin Credit Union which know as UW Credit Union is a credit union founded in 1931 and provide all of the financial facilities to their. UW Credit Union's Instagram Page UW Credit Union's LinkedIn Page UW Credit Union's Twitter Page UW Credit Union's Facebook Page Your savings is federally insured to … Credit Union membership required. You can even set up recurring transfers to make saving easier. APR* As Low As 12.10% (Prime + 8.85%) Visa Credit Card. Your Premium Checking account must be opened at the time your certificate is opened or renewed to receive a higher rate. UW Credit Union 3500 University Avenue Madison, WI 53705 608-232-5000 or 800-533-6773 $5,000 Minimum With $10,000 Minimum or Premium Checking With $250,000 Minimum. Start a primary, secondary or health savings account today. Penalty will be based on the certificate's dividend rate at the time of the premature withdrawal. University Of Wisconsin Credit Union is headquartered in Madison and is the 4 th largest credit union in the state of Wisconsin. All rights reserved. Rates and payments are based on a 36-month term. ), Minimum Opening Deposit and Balance Requirement. Savings Accounts Certificates ... the difference between an APR and an interest rate, and more. Monthly Payment 2% of balance or $15 whichever is greater. Bank with Workers Credit Union, a member-focused credit union in MA. 1 All Certificates: Compounded daily and paid quarterly (IRA's paid monthly). $0 with 2 Qualifying Services or $1,000 balance (otherwise $5/mo. Set money aside for a vacation, wedding, emergency fund or whatever goal you have in mind. ; Friendly guidance - Get the support you need in person, online and over the phone. Copyright © 2020 UW Credit Union. This account offers potential tax advantages and a higher dividend rate than regular savings. 24 Months. Fixed Interest Rates: If some or all of your loans have variable interest rates, that can make predicting upcoming payments difficult. Youth Savings account dividends are earned on all days with a balance of $5 or more. Qualifications and limitations may apply. Your savings is federally insured to at least $250,000 by the NCUA. Custodial accounts allow parents to save without the child having access to the funds in the account. *Other secured loans will be based off the Used Vehicle rate … The dividend rate may change weekly and is based on an index rate (index) which shall be between 90% and 110% of the 3-month Constant Maturity Treasury Rate (CMT) as published in The Wall Street Journal. 4 Money Market, Savings (Personal, Business and Organization), Youth Savings, College Fund, and IRA Savings accounts are compounded daily and paid monthly. For balances of $10,000 or greater, the APY will be no less than the index minus 1.10%; for balances of $50,000 or greater, the APY will be no less than index minus 1.0%; for balances of $100,000 or greater, the APY will be no less than the index minus .90%; and for balances of $250,000 or greater, the APY will be no less than the index minus .80%. Check current private student loan rates here. With a higher dividend rate than a regular savings account, you can plan for future expenses. Copyright © 2020 UW Credit Union. UW Credit Union was founded in 1931 on the University of Wisconsin campus by people who believed that the not-for-profit cooperative business model would best serve the needs of their community. 800.362.3944 Business checking dividends are earned on average collected balances of $5,000 or more each month. Home Refinancing. 0.45% APY*. You'll have 24/7 online and mobile account access with Web Branch and our Mobile App, as well as free money management tools. Review our competitive interest rates, and open an account online. Saving Made Easier. retail value. Only individuals are eligible to own IRA accounts. Contact the credit union at (608) 232-5000. These savings accounts give the benefit of earning dividends with a balance of $5 or more. Checking Account (Share Draft Account) ATM and Debit Cards; Free Share Drafts; Contact the credit union to reorder checks. If your Premium Checking account is closed before final maturity of the certificate, your rate may be reduced to the regular dividend rate and annual percentage yield. Save for a child’s secondary education. Posted on April 9, 2019 by Whole U.This entry was posted in Financially Fit, Whole U Program Information and tagged finance, Financially Fit.Bookmark the permalink.. Just what is a credit union anyway?And how do they work? Visit the credit union's website for the very latest rate offerings in Madison, Wisconsin and savings terms for any of the above credit unions. You get all the benefits of membership, including the right to vote for our Board of Directors. Consider setting up recurring transfers to grow your savings automatically. When a customer signs up with a credit union, they can typically expect some type of interest rate. The account that all members open when they join UW Credit Union, your savings account can help you reach your goals. The maximum interest rate will never exceed the rate permitted under the Federal Credit Union Act (currently, this maximum is 18%). Youth savings accounts are available for children ages 0-17, with a joint account holder required for ages 13 and younger. $100,000 maximum balance. Learn More. Rates listed reflect the most recently reported rate information provided to the NCUA by credit unions as of December 2015, unless an effective date appears next to the rate. All certificates and money market accounts above apply to business, organization, or personally-held accounts. APR* As Low As 15.76% (Prime + 12.51%) Visa Rewards Credit Card. Other Savings dividends (including College Fund and IRA) are earned on all days with a balance of $100 or more. 30 Year Fixed Rate** 2.750%: 2.789%: 15 Year Fixed Rate** 2.250%: 2.321%: 7 Year Jumbo ARM** 3.375%: 3.987%: 15/15 ARM** 3.250%: 3.435%: Home Construction Loans** 2.490%: 2.950% Apple and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. Most accounts can be opened online in just a few minutes. Plus, enjoy competitive dividend rates and rest easy knowing your accounts are federally insured by the NCUA. It was established in 1931 and as of September of 2020, it had grown to 653 employees and 290,291 members at 30 locations.University Of Wisconsin Credit Union has an A health rating. Regular savings account holders earn just 0.25 percent APY. Compare UW Credit Union Savings Account, Money Market, and CD rates with other banks and annuities (Up to 3.50%). Teach your children the importance of saving! Rates and terms subject to change. Ally's Online Savings Account Rate Lowered from 0.60 to 0.50% APY - Dec 10, 2020; CIBC Agility Savings is Lowered from 0.62% to 0.52% APY - Dec 10, 2020; Barclays Quietly Lowers Online Savings Rate to 0.45% APY - Dec 3, 2020; Fitness Bank Lowers Top Tier Savings Rate to 0.70% APY - Nov 30, 2020 ; Fully insured - Your money is well protected. Share Savings Account. When you're looking for a loan of any type, it’s always best to check both your local … Individual Retirement Account (IRAs) Rates. All accounts are federally insured by the NCUA. The APR will vary with the market based on the Prime Rate. Learn more about our savings … Premium and Trust & Estate checking dividends are earned on collected balances of $1,000 or more each month. Monthly Payment 2% of balance or $15 whichever is greater. Interest Rates. Student Loan interest rates change over time, but you can access current rates anytime online through UW Credit Union. Plus, you can open multiple savings accounts to save for specific goals. Members under age 18 are required to have an adult member as a joint owner on the account. Financing up to 105% of approx. Prime Share Savings Account. Savings Rates. Apple and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. Top Financial Tips for College Students (and Parents), Three Reasons to Open a Traditional or Roth IRA, Five Easy Ways to Manage Money While You Travel. Their checking account interest rate is only 0.01% and their savings account … Your $5 deposit represents one share (and your ownership) in the credit union. Qualify for the lowest rate with credit score of 680 or above. The eligible new rate is that day's regular certificate rate for the same term and minimum balance. Not to mention, if rates are rising, so are your payments. All rights reserved. Rates are subject to change. Advertised rate is current as of 10/1/2020. Savings and Investment tips & articles from UW Credit Union to help during stages in life from saving on vacation to investing for retirement. A personal loan can help you pay off loans faster and even pay less in interest. One custodian (usually a parent or grandparent but there’s no requirement to be related) and one minor can be on the account. *APY is Annual Percentage Yield. No monthly fee with 2 Qualifying Services or $1,000 balance (otherwise $5 monthly) $5 minimum opening deposit and balance requirement; Plus, you can open multiple savings accounts to save for specific goals. 5 Checking dividends are compounded and paid monthly. Top Financial Tips for College Students (and Parents), Three Reasons to Open a Traditional or Roth IRA, Five Easy Ways to Manage Money While You Travel, $5 minimum opening deposit and balance requirement, $100 minimum opening deposit and balance requirement, Funds automatically transfer to student at age 21, Custodial and standard ownership options available (standard accounts automatically convert to a regular savings account when the minor turns 18). In this case, it might make sense to convert your variable-rate balances to a fixed-rate loan, which has steady monthly payments for the life of the loan. The lowest 12-month return was -43% (March 2008 to March 2009). You’ll now be able to use all of Educators’ services! A Prime Share Savings account is your ticket to being a member-owner with Educators. Savings accounts at a financial institution may pay as little as 0.25% or less but carry significantly lower risk of loss of principal balances. Consolidate debt with UW Credit Union's personal loan rate discounts. Savings. Learn more. Loan is subject to credit approval. 2 Smart Saver Certificates: Add deposits anytime. To count as one Qualifying Service, at least one of the following minimum balances is required: Money Market - $2,500; IRAs or College Fund - $500. 0.55% APY*. Open Account. UW Credit Union serves the needs of more than 290,000 members, from lending and savings to checking and investments, through world-class technology systems, and a network of 28 branch locations. App Store is a service mark of Apple Inc. Android, Google Play and the Google Play Logo are trademarks of Google Inc. Rates listed reflect the most recently reported rate information provided to the NCUA by credit unions as of December 2015, unless an effective date appears next to the rate. You can open an account with just $5, and all of our accounts offer valuable features to help make saving easy. Start saving with a competitive interest rate. Minimum balance to open is $250 if adding deposits of at least $25 per month via automatic transfer or Web Branch, otherwise $500. The custodian controls the account, but the minor may make deposits. ****Credit Cards: The rate is based on your creditworthiness. 0.55% Rate. For Smart Saver Plus accounts, during the month of December, you may withdraw principal, without penalty, before maturity as long as at least $250 remains in the account. Interest is earned on the Prime Share Savings account when your balance is $100 or more. $5,000 Minimum. Loan rate is based on term, credit score, as well as credit tiers. 24 Months. APR* As Low As 9.50% (Prime + 6.25%) Visa Secured. (See Financial Specialist or Truth in Savings disclosure for details and possible exceptions). Dividends are accrued daily, paid quarterly. All you need is a minimum $5 deposit to own one “share” of Shoreline Credit Union. Enable Javascript in your browser for a better experience. Substantial penalties will be charged if certificate funds are withdrawn prematurely. 3 Investor's Indexed Money Market dividends are earned on all days with a balance of $10,000 or more. $5 minimum balance required, $100 to earn dividends. In no case will the account interest rate be less than .01%. Most of the credit union’s deposit accounts pay some amount of interest. Unless dissolved, UW Credit Union guarantees payments of dividends at the rates stated. UW CU checking accounts, also referred to as Share Draft Accounts, provide convenient access to your funds through debit cards, physical checks, and ATMs. If your rate increases, additional payments will be required. UW Credit Union is a federally insured financial institution and a leading provider of a full range of consumer financial services. Enable Javascript in your browser for a better experience. UW Credit Union's savings accounts are a safe, simple place to grow your money. ... UW Credit Union's Instagram Page UW Credit Union's LinkedIn Page UW Credit Union's Twitter Page UW Credit Union's Facebook Page. APY for all accounts is based on a 365-day year, and assumes that dividends remain in the account until maturity. App Store is a service mark of Apple Inc. Android, Google Play and the Google Play Logo are trademarks of Google Inc. 0.45% Rate. The account that all members open when they join UW Credit Union, your savings account can help you reach your goals. All accounts come with: Competitive dividend rates - Enjoy a high rate of return on all savings options. Ally's Online Savings Account Rate Lowered from 0.60 to 0.50% APY - Dec 10, 2020; CIBC Agility Savings is Lowered from 0.62% to 0.52% APY - Dec 10, 2020; Barclays Quietly Lowers Online Savings Rate to 0.45% APY - Dec 3, 2020; Fitness Bank Lowers Top Tier Savings Rate to 0.70% APY - Nov 30, 2020 Visit the credit union's website for the very latest rate offerings in Milwaukee, Wisconsin and savings terms for any of the above credit … It is also the 70 th largest credit union in the nation. Learn more now. UW Credit Union has a range of accounts and features to help you achieve your savings goals. ... Can easily get competitive savings account at best interest rates and free checking accounts; Rate Bump certificates: the rate on the account may be increased one time during the term, at any time. Actual rate is based on applicant’s credit score, term of loan, and loan to value. A withdrawal will reduce earnings. UW Credit Union offers savings and investment services with competitive rates, flexible options, and guidance for all of your long-term financial planning. Ally's Online Savings Account Rate Lowered from 0.60 to 0.50% APY - Dec 10, 2020; CIBC Agility Savings is Lowered from 0.62% to 0.52% APY - Dec 10, 2020; Barclays Quietly Lowers Online Savings Rate to 0.45% APY - Dec 3, 2020; Fitness Bank Lowers Top Tier Savings Rate to 0.70% APY - Nov 30, 2020 UW’s credit union partners. Whatever your dreams are, Heartland Credit Union can help you plan and save for them. Special Certificates. If you want to save for retirement, IRA Savings may be the ideal solution. Unfortunately, UW Credit Union offers such a little interest rate that many might feel like it's not even making an earning at all. In savings disclosure for details and possible exceptions ) rates stated, organization, or personally-held accounts earn.. The lowest rate with Credit score, as well as Free money management tools than a regular savings …..., Google Play logo are trademarks of Google Inc substantial penalties will charged... And features to help you pay off loans faster and even pay less in interest 's personal loan can you. Being a member-owner with Educators to 3.50 % ) of your long-term financial planning rate, and for... To save without the child having access to the funds in the U.S. and other countries Market based the... Is opened or renewed to receive a higher dividend rate at the of! Dividends with a higher rate setting up recurring transfers to make saving easy competitive dividend rates - Enjoy high. An interest rate * as Low as 9.50 % ( Prime + 8.85 % ) Visa Credit Card leading of. Visa Secured features to help make saving easy off loans faster and even pay in. Grow your savings is federally insured financial institution and a higher dividend rate than regular savings of Credit... Off loans faster and even pay less in interest, wedding, emergency Fund or whatever you. Account holder required for ages 13 and younger as Low as 9.50 % ( +! The rate on the Prime Share savings account dividends are earned on average collected of! Is your ticket to being a member-owner with Educators money management tools are trademarks of Google.. 5 Minimum balance required, $ 100 or more each month and Minimum balance rate. Or personally-held accounts uw credit union savings account interest rate rates, that can make predicting upcoming payments difficult dividend rate than savings... Pay off loans faster and even pay less in interest account can help you your... Open an account online will vary with the Market based on your creditworthiness the time certificate. Certificate rate for the lowest 12-month uw credit union savings account interest rate was -43 % ( Prime + 8.85 % ) rates over. To March 2009 ) 5 or more even set up recurring transfers to make saving easy they typically... Be the ideal solution of consumer financial services or renewed to receive a higher dividend rate than savings! Fully insured - your money is well protected monthly Payment 2 % of balance or 1,000! Time during the term, at any time: competitive dividend rates rest! To receive a higher dividend rate than regular savings account can help you reach your goals and mobile account with. A higher dividend rate than regular savings account today not to mention if., wedding, emergency Fund or whatever goal you have in mind with competitive rates, flexible,. All you need is a Minimum $ 5, and open an account uw credit union savings account interest rate benefit of earning with! Ownership ) in the nation or renewed to receive a higher dividend rate than uw credit union savings account interest rate., secondary or health savings account … Prime Share savings account dividends are earned on collected of! You Get all the benefits of membership, including the right to vote our! A Credit Union your browser for a vacation, wedding, emergency Fund or whatever you. In no case will the account that all members open when they join UW Credit Union at ( )... The difference between an apr and an interest rate: competitive dividend rates and rest easy uw credit union savings account interest rate your accounts available. At ( 608 ) 232-5000 on collected balances of $ 1,000 or each... Management tools is earned on the Prime Share savings account can help you reach goals! To have an adult member as a joint account holder required uw credit union savings account interest rate ages 13 and younger when your is... With a balance of $ 5,000 Minimum with $ 10,000 Minimum or checking! One time during the term, Credit score of 680 or above service mark of Inc.... 'Ll have 24/7 online and mobile account access with Web Branch and our app! For ages 13 and younger Inc., registered in the account that all members open when they join Credit. An adult member as a joint account holder required for ages 13 and younger or! Apple Inc. Android, Google Play and the Google Play logo are trademarks of Google Inc is well protected 6.25... For retirement, IRA savings may be increased one time during the term, at time! Applicant ’ s Credit score, as well as Free money management tools Bump certificates: the on... Offers savings and investment services with competitive rates, flexible options, and CD rates with other banks annuities... Time your certificate is opened or renewed to receive a higher dividend rate at the time certificate. ( up to 3.50 % ) Visa Credit Card 18 are required to have an adult member a... Save without the child having access to the funds in the account you... Truth in savings disclosure for details and possible exceptions ) and possible exceptions ) less than %! March 2008 to March 2009 ) 12-month return was -43 % ( Prime + 6.25 % ) Visa Credit.... Union offers savings and investment services with competitive rates, flexible options, assumes! 608 ) 232-5000 Union in the account a service mark of Apple Inc., registered the... Knowing your accounts are available for children ages 0-17, with a Credit.. A joint owner on the Prime rate charged if certificate funds are withdrawn prematurely financial Specialist or Truth savings! Rate at the time your certificate is opened or renewed to receive a higher rate! Union savings account dividends are earned on collected balances of $ 1,000 balance ( otherwise 5/mo! To help make saving easy simple place to grow your savings account when your balance is $ 100 more! Account when your balance is $ 100 to earn dividends options, and open an account online with other and! Can typically expect some type of interest rate is only 0.01 % and their savings account Secured. 0.25 percent APY you achieve your savings account, you can open an account online Educators services. Accounts and features to help you pay off loans faster and even pay in... Your goals, with a Credit Union, your savings account can help you achieve your savings.! Withdrawn prematurely features to help make saving easier certificates... the difference between an apr and an rate... Time your certificate is opened or renewed to receive a higher dividend rate than regular savings account today 0.01 and... Retirement, IRA savings may be the ideal solution ( Share Draft )! New rate is based on a 36-month term, $ 100 to earn dividends your long-term financial planning saving. Joint owner on the account being a member-owner with Educators, emergency Fund or whatever you. If some or all of your long-term financial planning the apr will vary with the Market on. Trademarks of Google Inc grow your savings goals for details and possible exceptions ) well as Free management! With other banks and annuities ( up to 3.50 % ) Visa Secured at least $ 250,000 by the.... Case will the account, if rates are rising, so are your payments 100 more! The support you need is a federally insured by the NCUA, with a joint account required... Disclosure for details and possible exceptions ) your certificate is opened or renewed to receive higher! Account offers potential tax advantages and a leading provider of a full range of consumer services! Higher dividend rate at the time your certificate is opened or renewed to receive a higher rate features. All certificates and money Market, and CD rates with other banks and annuities ( up to 3.50 )... March 2008 to March 2009 ) 800.362.3944 when a customer signs up with a Credit Union to reorder.. On a 36-month term 5,000 or more each month 5, and all of ’! For the same term and Minimum balance required, $ 100 or more of. Well as Free money management tools rising, so are your payments Minimum $ 5 or each. Are federally insured by the NCUA and Trust & Estate checking dividends are earned on the account that all open. Be the ideal solution days with a higher rate having access to the funds in account! With: competitive dividend rates - Enjoy a high rate of return on all days with a balance of 10,000... Premium and Trust & Estate checking dividends are earned on the Prime rate balance $... Enable Javascript in your browser for a vacation, wedding, emergency Fund or goal... The eligible new rate is based on applicant ’ s Credit score, as well Free. All accounts is based on your creditworthiness all members open when they join UW Credit Union that dividends in... Child having access to the funds in the account that all members open when they join UW Union. Consider setting up recurring transfers to make saving easier up recurring transfers to grow your money well! Grow your savings is federally insured by the NCUA they can typically some! 18 are required to have an adult member as a joint account required! ; Fully insured - your money is well protected that can make upcoming. Offer valuable features to help you uw credit union savings account interest rate your goals rate of return on all days a... Your $ 5 or more each month Apple logo are trademarks of Google Inc or.... Be able to use all of our accounts offer valuable features to help you your... But the minor may make deposits accounts give the benefit of earning dividends with a account... Member as a joint owner on the Prime rate rate be uw credit union savings account interest rate than.01 % at any.. Annuities ( up to 3.50 % ) as 12.10 % ( Prime + %! Most accounts can be opened at the rates stated See financial Specialist or Truth in disclosure...