Savings Accounts Membership with your hometown credit Union Starts Here

121 Base Savings 

Sometimes called a “share account,” this savings account is required to become a member of 121 Financial Credit Union.  There is a required minimum deposit of $5 to open your savings account.

Your membership means you can vote each year for our volunteer board of directors and supervisory committee*, no matter how much money you deposit into your savings account.

We’ve also dramatically streamlined our fees  and cut our fees. It is now 100% free to join 121 Financial Credit Union!

  • $5 minimum deposit to open
  • NO monthly service fee
  • Interest earned on balances of $100 or more
  • Easy to manage through online banking and mobile banking

MEMBERSHIP FEE: $0

INTEREST RATE: 0.10% APY

MINIMUM DEPOSIT: $5

Youth Savings

Savings goals can start early at 121 Financial with our youth savings account. Your children or grandchildren can open a savings account that we designed specifically for children, teens, and young adults, helping them establish a banking history and begin their journey toward financial independence.

  • Interest earned on balances of $100 or more
  • Membership no matter where you live or work
  • Easy to manage through online banking and mobile banking
  • A parent or guardian must be a current member of 121 Financial to establish this account.

MONTHLY SERVICE FEE: $0

Interest Rate: 0.10%

MINIMUM DEPOSIT: $5

*A parent or guardian must be a current member of 121 Financial to establish this account.

Holiday Savings

The holidays can be a very expensive time with the costs of family travel, gifts, parties, and more. Think of our holiday savings account as your rainy-day piggy bank for the end of the year. Simply specify how much money you want allocated from your paycheck into this account throughout the year. When it’s time for holiday shopping or party planning, you have the funds already set aside to make it happen.

  • Automatic deposits from your paycheck
  • Interest earned on balances of $100 or more
  • Funds are distributed in October/November
  • Account automatically renews each year

MONTHLY SERVICE FEE: $0

INTEREST RATE: 0.10% APY

MINIMUM DEPOSIT: $0*

*Withdrawals made any time other than October/November 1st will result in a penalty fee.

Traditional IRA

Grow your retirement savings tax-deferred. Our traditional IRA accounts let you increase your investment in your future with tax-deductible contributions that earn competitive dividend rates. This is a great retirement investment option to supplement other retirement savings and/or if you want to defer paying taxes on your earnings until after you retire.

  • Tax-deferred
  • Competitive dividend rates
  • No minimum deposit
  • No monthly maintenance fees
  • Funds federally insured by the NCUA up to $250,000
  • 0.200% (3 month)
  • 0.500% (6 month)
  • 0.600% (12 month)
  • 0.700% (18 month)
  • 0.750% (24 month)
  • 0.850% (36 month)
  • 0.950% (48 month)
  • 1.000% (60 month)
  • 0.00% ($0 – $99.99)
  • 0.05% ($100 – $4,999.99)
  • 0.15% ($5,000 – $49,999.99)
  • 0.30% ($50,000+)

Roth IRA

Always know where your retirement savings stand. With our ROTH IRA account, you pay taxes on your savings as your earnings are deposited so that you can enjoy tax-free income during your retirement. This is a great retirement investment option if you have a qualified earned income within Modified Adjusted Gross Income (MAGI) limits and/or expect to be in a higher tax bracket when you retire than you are currently.

  • Tax-free income at retirement
  • Competitive dividend rates
  • No minimum deposit
  • No monthly maintenance fees
  • Funds federally insured by the NCUA up to $250,000
  • 0.200% (3 month)
  • 0.300% (6 month)
  • 0.600% (12 month)
  • 0.750% (18 month)
  • 0.850% (24 month)
  • 1.100% (36 month)
  • 1.200% (48 month)
  • 1.250% (60 month)
  • 0.00% ($0 – $99.99)
  • 0.05% ($100 – $4,999.99)
  • 0.15% ($5,000 – $49,999.99)
  • 0.30% ($50,000+)
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