Savings Accounts
Reach your goals. Achieve your life. It starts with a savings account.
a better life begins with better savings
Whatever your savings goals are, we’ll help you along the way with the tools and guidance you need to succeed.
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Digital Access
Stay connected to your accounts wherever life takes you, with online banking and our mobile app.
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Direct Deposit
Your paychecks can be automatically deposited in the account of your choice. We can help you set this up.
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Personalize It
Set up automatic transfers to move your money on your schedule, and label your savings accounts with names that mean something to you.
explore your options
Member Savings
When you become a member of Reliant, your first $5 deposit is your share in the credit union, which will remain on deposit for the life of your membership.
From there, you’ll have three months to build your balance to $100 in order to avoid a monthly low-balance fee. As long as you maintain a balance of at least $100 among all of your deposit and loan accounts after that intro period, you will avoid a low-balance fee.1
Rest assured, keeping your money at Reliant is safe. Your savings are federally insured to at least $250,000 and are backed in full faith and credit of the United States Government.
Club Savings
The funds in a club account will help you save all year long: because they become accessible only once a year, you won’t be tempted to chip away at the progress you’ve made.
If you’re saving for the holidays, your money will come available on October 1. If you’re saving for a summer vacation, it will be accessible on July 1.
Early withdrawals can be made if needed; however, there will be a $15 fee applied to each withdrawal.
Daily Money Savings
Do you have balances of $1,000 or greater? Our Daily Money account combines the benefits of savings and checking for an account that really pulls its weight. Get higher dividends for higher balances, which accrue for each day you maintain a balance of $1,000 or more. Your dividends are paid to your account each month.
Special Savings
Have your eye on something special? Let’s make it happen!
Save for a special purchase, a dream trip or a rainy day with the supplemental savings account that lets you set aside money for a specific purpose. We can work with you to put your goal within reach.
help me choose
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Best for ...
Best for ...
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Minimum Opening Balance
Minimum Opening Balance
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Minimum Balance to Earn Dividends
Minimum Balance to Earn Dividends
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Dividends
Dividends
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Monthly Service Fee
Monthly Service Fee
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Mobile Check Deposit
Mobile Check Deposit
Savings Dividend
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Best for ...
Your everyday savings
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Minimum Opening Balance
$5
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Minimum Balance to Earn Dividends
$100
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Dividends
0.05% - 0.15% APY^
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Monthly Service Fee
$0
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Mobile Check Deposit
Yes
Daily Money Savings
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Best for ...
Saving and checking combined2, with dividends
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Minimum Opening Balance
$1,000
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Minimum Balance to Earn Dividends
$1,000
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Dividends
0.25% - 0.65% APY^
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Monthly Service Fee
$0
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Mobile Check Deposit
No
Club Savings
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Best for ...
Saving for winter holidays or a summer vacation
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Minimum Opening Balance
$5 or $5/payroll
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Minimum Balance to Earn Dividends
No minimum
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Dividends
0.12% APY^
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Monthly Service Fee
$0
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Mobile Check Deposit
Yes
Special Savings
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Best for ...
Saving for a specific goal of any type
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Minimum Opening Balance
$5 or $5/payroll
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Minimum Balance to Earn Dividends
$100
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Dividends
0.05% APY^
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Monthly Service Fee
$0
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Mobile Check Deposit
Yes
Saving for Retirement?
Our flexible savings account with IRA (Individual Retirement Account) benefits will help you make the most of your golden years.3,4
With a Traditional IRA savings account, your dividends are protected from taxes until the funds are withdrawn. Your contributions up to a certain limit are tax-deductible in the year they are made
With a Roth IRA savings account, your contributions may not be deducted. However, you may take a tax-free distribution of your savings any time after five years from the date of your first contribution.
Savings Goal Calculator
FAQs
If you have a direct deposit form from your employer, a staff member can assist you in completing it in the branch or over the phone. Don’t have a form from your employer? Reliant offers a direct deposit form that is available to fill out online or at any branch.
Yes, as a Reliant member, you are an owner and shareholder of the credit union. Your first $5.00 deposit into a savings dividend account represents your share of the credit union and gives you the opportunity to vote at our annual meetings.
Reliant offers many convenient ways to access your funds, including online banking, our mobile app, ATM or purchases using a Reliant Visa debit card, writing checks, calling us at 800-724-9282, or visiting any Reliant branch.
