Savings & Certificates

Whatever your goals are, we can help you start saving for them with our federally-insured accounts. It's easy to keep your savings on-track with automatic monthly transfers, and manage your money 24/7 with our free Online & Mobile Banking*.

  • Smart Savings: No monthly fees when you maintain a minimum daily balance of $25.
  • High-Yield Savings: Earn more and pay no monthly fee, plus there’s no minimum daily balance required.
  • Money Market Savings: Our highest yielding savings has no fee with a minimum daily balance of $1,000.
  • Premier Money Market: Your money earns more with this high-rate account.
  • QuickStart Savings: Earn 2.02% annual percentage yield on your first $2,000 with this account (see rate information below for details).
  • Certificate Accounts1: A guaranteed, fixed-rate account with terms ranging from 1 to 60 months, and a minimum opening deposit of just $1,000.
  • IRA Certificate Accounts1: A fixed-rate IRA with terms ranging from 1 to 60 months, and a minimum opening deposit of just $1,000.
  • Coverdell Education Savings Account**: Tax-free, fixed-rate asset growth for education costs from kindergarten through college. Eligible individuals can contribute up to $2,000 per year per child up to age 18.
  Money Market Savings Account Premier Money Market Savings Account QuickStart Savings Account Smart Savings Account High Yield Savings Account Kids Savings Account
(under 18)
Coverdell Education 
Savings Account**
Certificate Account1 IRA Certificate Account1
  Open Open Open Open Open Open Open Open Open
ATM Access2
 

 

 

 

 
   

Dividends3

View rates View rates View rates View rates View rates View rates View rates View rates View rates
Minimum Opening Balance $1,000 $10,000
(must be new money)
None
(first $5K must be new money)
$25 $25,000 $25 $25 $1,000 $1,000
Minimum Average Daily Balance to waive the monthly fee $1,000 $0 $0 $25 $0 $0 $0 $1,000 $1,000
Monthly service fee $10 $0 $0 $0 $0 $0 $0 $0 $0

Savings & Certificate Account Disclosures
1 Early withdrawal penalties apply.
2 Must be age 12 or older for an ATM card.
3 Rates available as of 10/31/19; subject to change without notice. Share account rates are subject to change after account opening except for Education Savings Accounts, which have a fixed dividend rate and APY. Certificate rates are fixed for the term of the certificate unless a direct deposit bonus applies (see “Savings Rates” below for more information). Fees may reduce earnings.

Your KeyPoint savings are federally insured to at least $250,000 (Individual Retirement Accounts up to an additional $250,000) through the National Credit Union Administration (NCUA).

Smart Savings Rates
Rates Effective: 10/31/19
Savings Account Balance Dividend Rate Annual Percentage Yield (APY)
Less than $49,999.99 0.05% 0.05%
$50,000 or greater 0.10% 0.10%

Rates available as of 10/31/2019; subject to change without notice. Rates variable after account opening.  Fees may reduce earnings.

QuickStart Savings
Rates Effective: 3/5/20
QuickStart Savings Balance Dividend Rate Annual Percentage Yield Range
Up to $2,000 2.00% 2.02%
$2,001 to $5,000 1.00% 2.02% - 1.41%
$5,001 to $10,000 0.50% 1.41% - 0.95%
$10,001 to $50,000 0.35% 0.95% - 0.47%
More than $50,000 0.30% 0.47% - 0.30%

First $5,000 deposited must be savings not currently at KeyPoint. Active KeyPoint checking account with direct deposit required. Active Checking is defined as a checking account having at least three transactions (deposits, withdrawals, debit card transactions) per month. One QuickStart account per member. Rates available as of 3/5/2020; subject to change without notice. Rates variable after account opening. Fees may reduce earnings.

High Yield Savings Account
Rates Effective: 10/31/19
High Yield Savings Balance Dividend Rate Annual Percentage Yield Range
Less than $25,000 0.20% 0.20%
$25,000 to $49,999.99 0.25% 0.25%
$50,000 to $99,999.99 0.30% 0.30%
$100,000 or greater 0.35% 0.35%

Rates available as of 10/31/2019; subject to change without notice. Rates variable after account opening. Fees may reduce earnings.

Money Market Rates - Individual
Rates Effective: 10/31/19
Money Market Dividend Rate Annual Percentage Yield Range
$1,000 to $9,999.99 0.20% 0.20%
$10,000 to $24,999.99 0.25% 0.25%
$25,000 to $49,999.99 0.30% 0.30%
$50,000 or greater 0.35% 0.35%

$1,000 minimum balance to open. Balances under $1000 earn the regular savings rate. Rates available as of 10/31/2019; subject to change without notice. Rates variable after account opening. Fees may reduce earnings.

Premier Money Market Rates - Individual
Rates Effective: 3/17/20
Premier Money Market Dividend Rate Annual Percentage Yield Range
$5,000 or greater 0.35% 0.35%

$10,000 opening deposit of funds new to KeyPoint (not transferred from another KeyPoint account) required to open. Balances under $5,000 earn the regular savings rate. Rates available as of 3/17/2020; subject to change without notice. Rates variable after account opening. Fees may reduce earnings.

Education Savings Account
Rates Effective: 10/31/19
Term Dividend Rate Annual Percentage Yield (APY)
6 months 0.55% 0.55%

$25 minimum balance to open and earn dividends. Rates available as of 10/31/2019; subject to change without notice. Fees may reduce earnings.

Certificate, and IRA Certificates (Traditional and Roth)
Rates Effective: 5/11/20
Minimum Term $1,000 Minimum Balance
1 month 0.25% rate 0.25% APY
3 months 0.30% rate 0.30% APY
6 months 0.50% rate 0.50% APY
12 months 0.90% rate 0.90% APY
24 months 1.00% rate 1.00% APY
36 months 1.10% rate 1.10% APY
48 months 1.25% rate 1.25% APY
60 months 1.50% rate 1.51% APY

Certificate dividend rate increases by 0.10% if owner maintains direct deposit to a KeyPoint checking or savings account for the entire certificate term. Quoted rates do not reflect direct deposit rate bonus. Quoted rates are available as of 5/11/2020; subject to change without notice. Certificate accounts have a fixed rate for their entire term unless a direct deposit rate bonus applies, in which case failure to maintain direct deposit during the entire term will reduce the dividend rate by 0.10%. Early withdrawal penalties apply.

 

*Mobile carrier rates may apply.

**A Coverdell Education Savings Account (ESA), formerly known as an Education IRA, provides tax-free, fixed-rate asset growth for education costs from kindergarten on up. Eligible individuals may contribute up to $2,000 per year on behalf of a child up to age 18. There are income guidelines to establish a Coverdell plan, and you should consult a tax advisor for your specific situation.