ECU Savings Accounts

Credit Union Membership, $5 Minimum Deposit

Primary Share Savings Account

Saving for Today, Tomorrow or A Special Purpose

Open an ECU Primary Share Savings account to establish your Education Credit Union membership and unlock full member benefits. This member ownership account gives you a vote in the member-owned cooperative, meaning you have an equal say in who is part of our Board of Directors. Your primary share account also acts as a basic savings account, allowing you to earn interest in money you’ve put away. Plus, it opens the door to other accounts, access to tools and opportunities to reach your financial goals.

How to join ECU:

  • Make a $5 deposit into the Primary Share Savings account to establish membership and pay a one-time membership fee of $1.

Account details:

  • Minimum balance: $5

  • Dividends: calculated daily, paid monthly

  • Unlimited transactions

Your Primary Share Account qualifies you for all ECU member benefits.

Get Ahead. Get ECU.

Young woman sitting at kitchen table with a laptop
Young woman sitting at kitchen table with a laptop

$mart Start Youth Savings Account

Earn Rewards for Good Grades

Start $mart. Finish $marter with ECU’s $mart Start Savings account, a youth savings account that rewards strong academic performance and helps build good money habits early. Built specifically for our young savers with financial goals in mind, the $mart Start Savings account is the perfect option for your budding, young student.

SmartStart with teacher

Good Grade Rewards:

  • Grades K to 5: Receive $15 at the end of each semester with an A and B semester average.*

  • Grades 6 to 12: Receive $30 at the end of each semester with an A and B semester average.*

Get a Birthday Treat:

  • $5 deposited into the $mart Start Savings account at the beginning of your birthday month.

Open an ECU $mart Start Savings account:

  • Visit your nearest ECU branch to open an account today.

*$mart Start Savings accounts have until January 31 and June 30 to submit their 1st and 2nd semester grades, respectively.

ECU Additional Savings Account

Special Purpose Savings, Unlimited Transactions

Save for what’s next with an ECU Additional Savings Account.

Life’s big milestones are worth celebrating. They’re also worth saving for. This is a flexible “special purpose” savings option you can customize alongside your Primary Share account to match your lifestyle and financial goals. Getting ahead is easy with ECU and helping you meet your goals is our specialty and we want to be your partner through every stage of life.

Use it for:

  • Wedding savings

  • Vacation fund

  • New car down payment

  • New baby expenses

  • Healthcare costs

  • Any personalized savings goal

Account details:

  • Minimum balance: none

  • Dividends: calculated daily, paid monthly

  • Service fees: none

  • Unlimited transactions

You name the goal; we’ll help you make it happen.

Tourist couple riding on camels in a desert landscape

ECU Health Savings Account (HSA) for Medical Expenses

Secure your health with a tax-advantaged savings account.

You’ll feel better about your health if you save for it. Stay ahead of rising healthcare costs with an ECU Health Savings Account (HSA). This account is a tax-advantaged way to pay for qualified medical expenses now and build a dedicated medical savings fund for the future.

How an ECU HSA helps you save:

  • Get a tax advantage on savings for medical expenses.

  • Pay current health expenses and save for future medical and healthcare costs on a tax-free basis.

  • Unused balances can carry over year to year.

Who qualifies:

  • Available to individuals and families covered by a High-Deductible Health Plan (HDHP).*

  • Distributions are tax-free when used for qualified medical expenses.**

  • Contributions may be tax-deductible.

ECU HSA features:

  • Easy online and mobile access

  • Free HSA debit card

  • Local, personalized support

Healthcare professional comforting patient with warmth and smiles

*To confirm HSA eligibility, contact your healthcare provider or reference IRS Publication 969.
**Contact your tax adviser for complete details.

Your savings account options at a glance.

Primary Share SavingsOpen this account to establish your Education Credit Union membership and unlock full member benefits.
$mart Start Savings AccountOpen this youth savings account for your young savers to establish good money habits early and earn rewards for strong academic performance.
Additional Savings AccountOpen this account to save for every life stage whether it’s used for vacation funds, wedding savings, a new car down payment, or baby expenses.
Health Savings AccountOpen this account to pay for qualified medical expenses now and build a medical savings fund for the future.
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