Personal Savings
Accounts
Build your financial future with a credit union that puts you first.
Flexible Savings Accounts, All to Your Advantage
Save on your terms with Advantage Plus. Our savings accounts are designed to help you reach your goals, whether you’re planning for a dream vacation, building an emergency fund, or growing your financial future with your advantage in mind.
| High-Yield Kasasa Saver | Regular Share Savings | Share Plus Savings | Term Share Certificates | IRAs | Idaho MSA | |
|---|---|---|---|---|---|---|
| Best For | Auto-saving with linked checking | Basic savings and membership | Higher balances that earn more | Fixed-term savings goals | Long-term retirement | Medical expense savings |
| Monthly Fee | $0 | $0 | $0 | $0 | $0 | $0 |
| Benefits | High-yield savings up to $20K | Establish membership; earn dividends | Tiered dividends; larger balances earn more | Guaranteed fixed rate | Tax-advantaged retirement savings | Grow tax-deductible contributions tax-free |
| Withdrawal Limits | Unlimited | Unlimited | Unlimited | Early withdrawal penalty | Subject to IRA rules | Qualified medical expenses |
| Special Features | Minimum to Open | $0 | $0 | $0 | $0 | $0 |
High-Yield Kasasa Saver
- Best For: Auto-saving with linked checking
- Monthly Fee: $0
- Benefits: High-yield savings up to $20K
- Withdrawal Limits: Unlimited
- Minimum to Open: $0
Regular Share Savings
- Best For: Basic savings and membership
- Monthly Fee: $0
- Benefits: Establish membership; earn dividends
- Withdrawal Limits: Unlimited
- Minimum to Open: $0
Share Plus Savings
- Best For: Higher balances that earn more
- Monthly Fee: $0
- Benefits: Tiered dividends; larger balances earn more
- Withdrawal Limits: Unlimited
- Minimum to Open: $0
Term Share Certificates
- Best For: Fixed-term savings goals
- Monthly Fee: $0
- Benefits: Guaranteed fixed rate
- Withdrawal Limits: Early withdrawal penalty
- Minimum to Open: $0
IRAs
- Best For: Long-term retirement
- Monthly Fee: $0
- Benefits: Tax-advantaged retirement savings
- Withdrawal Limits: Subject to IRA rules
- Minimum to Open: $0
Idaho MSA
- Best For: Medical expense savings
- Monthly Fee: $0
- Benefits: Grow tax-deductible contributions tax-free
- Withdrawal Limits: Qualified medical expenses
- Minimum to Open: $0
High-Yield Kasasa Saver
Earn high dividends — up to 0.85% APY* on balances up to $20,000 — with little effort required from you with our high-yield savings account.
- Links to Advantage or Plus Checking
- Automatic transfers from checking
- No minimum balance required
- Digital banking included (online, mobile, e-statements)
- $0 minimum to open
How to Qualify for Maximum Rewards
To qualify for the highest savings rate and cash-back rewards, make sure that your account is enrolled and the following activities are posted each month:
At least 1 direct deposit, ACH payment, or ACH credit
At least 12 debit card purchases
Enroll in and review e-statements
Log in to online banking
Even if you don’t meet all qualifications in a given month, your accounts remain free, you still earn the base dividend rate, and you can resume earning full rewards the following month.
Regular Share Savings
Start with just $5 and grow your savings while establishing a membership with a personal savings account.
- Safe, dividend-earning account
- Dividends credited quarterly
- No monthly fee
- Direct deposit available
- Digital banking included (online, mobile, e-statements)
- Federally insured up to $250,000
Share Plus Savings
Earn higher dividends with tiered rates for larger balances.
- Dividends credited quarterly
- Tiered structure: higher balances = higher rates
- No monthly fee
- Direct deposit available
- Digital banking included (online, mobile, e-statements)
- Federally insured up to $250,000
Individual Retirement Accounts (IRAs)
Start early, take advantage of compounding, and enjoy tax benefits on your retirement with an IRA savings account.
- Traditional and Roth options
- Competitive dividends above standard savings
- No setup or maintenance fees
- Subject to annual limits; $1,000 catch-up for 50+
- Can be used for Advantage Plus share certificates
- $5 minimum to open
Traditional vs. Roth
Traditional IRA: Tax-deductible contributions today. Earnings are taxed at withdrawal: Withdrawals start at age 59½, required withdrawals at 70½.
Roth IRA: Contributions are not tax-deductible. Earnings grow tax-free, and withdrawals after age 59½ are tax-free. No required distributions, subject to income limits.
Certain exceptions apply; please consult a tax advisor.
Idaho Medical Savings Account (MSA)
Save for future medical expenses and enjoy tax advantages, even without a high-deductible plan.
- Tax-deductible contributions on Idaho state return1
- Tax-free dividends (and withdrawals for qualified expenses²)
- No setup or annual fees
- Automatic, year-over-year fund rollover
- Owned by you, not your employer
- Easy access via online transfer or teller check
- No minimum deposit required
¹Consult a tax advisor. ²Nonqualified withdrawals may be subject to income tax and a 10% penalty.
Contribution Limits
- $10,000 per year ($20,000 if married filing jointly)
- NOTE: Redeposited reimbursements do not count toward the limit.
Qualified Expenses
- Medical
- Vision
- Dental
- Insurance premiums
- Long-term care
- Transportation
- Certain dependent expenses2
Coverdell Education Savings Account (ESA)
Create an easier transition into college for yourself and your student by setting aside savings early.
- Tax-free growth and withdrawals for qualified education expenses¹
- Subject to certain income limits2
- No setup or annual fees
- $2,000 annual contribution limit per child; must be withdrawn by age 303
- Beneficiary under 18 when contributing
- Non-tax-deductible contributions
- Can be transferred to another family member without penalty
- $5 minimum to open
¹Qualified expenses include tuition and fees, books, supplies, board, etc.
²Consult your tax advisor to determine your contribution limit.
3These earnings are subject to income tax and a 10% penalty.
Your Cash, Guarded 24/7
Online checking should be easy — and above all, safe. At Advantage Plus, we look out for your account the way a good neighbor should, providing you with the tools, security features, and support you need to manage your money without worry.
Fraud Protection: Always vigilant, always ready.
Account Security: Keeping your information safe is our top priority.
Peace of Mind: Manage your money anytime, anywhere, without worry.
Bank Anytime, Anywhere
Life doesn’t always run on bankers’ hours — and neither should your savings. With Advantage Plus, your account includes complimentary online tools that let you check your balances, make contributions, and manage your finances anytime.
Online Banking: Access your account anytime from any computer or mobile device.
Account Tracking: Monitor balances and recent activity to stay on top of your finances.
Smart Money Management: Use e-statements to budget, plan, and save more effectively.
Why Choose Advantage Plus Federal Credit Union?
As a member-owned, not-for-profit credit union, we answer to you, not shareholders. When you work with Advantage Plus, you benefit from flexible savings account rates, higher dividends, and fewer fees, helping you move forward with confidence.
Member-Owned Difference
Your financial goals guide every decision we make to help you achieve financial freedom.
Local and Personal
We’ve been proudly serving the communities of Southeast Idaho and Star Valley, Wyoming, since 1953.
Award-Winning Service
From familiar faces at our branches to online guidance, we make every interaction feel personal and welcoming.
Save Today, Enjoy Tomorrow
Here’s what you need to open an online savings account with Advantage Plus:
Social Security Number or Tax ID
Driver's license or passport
$5 minimum deposit to fund your new account
That’s it! No monthly service fee, no minimum balance to earn rewards — just simple banking on your terms.
Savings Accounts Frequently Asked Questions
What is a savings account?
A savings account is a safe place to store your money while earning interest. It is used to save for future expenses and emergencies or to hit your financial goals.
What’s the difference between a high-yield savings account and a personal savings account?
A high-yield personal savings account allows you to earn a higher interest rate on your money compared to a regular savings account. While both accounts keep your money safe, a high-yield savings account lets you grow your money faster.
Can I have multiple savings accounts?
Yes, you can have multiple savings accounts to organize your money for different goals — like emergencies, vacations, or big purchases — to make it easier to track your savings. However, each member is limited to one high-yield savings account.
What are the account fees?
Our savings accounts have no monthly service fees and no minimum balance requirements, so you can focus on saving without worrying about extra costs.
What is a monthly qualification cycle?
The monthly qualification cycle is the period during which your activity is tracked to determine eligibility for higher dividend rates or other rewards. Completing the qualifications each cycle ensures that you’ll get the full rewards of your savings account.
Important Disclosures
Advantage Checking
Qualifications Information: Account transactions and activities may take one or more business days to post and settle to the account, and all must do so during the monthly qualification cycle in order to qualify for the account’s rewards. The following activities do NOT count toward earning account rewards:
- ATM-processed transactions
- Transfers between accounts
- Debit card purchases processed by merchants and received by Advantage Plus FCU as ATM or PIN-based
- Signature-based transactions and purchases made with non-Advantage Plus FCU-issued debit cards
“Monthly Qualification Cycle” means a period beginning one (1) day prior to the first day of the current statement cycle through one (1) day prior to the close of the current statement cycle.
Reward Information: When your Free Saver/High-Yield savings qualifications are met during a monthly qualification cycle, the following rewards will be distributed to your account(s) on the last day of the statement cycle:
- Free Saver/High-Yield: Balances of up to $20,000 receive APY of 0.85%, and balances over $20,000 earn 0.10% interest rate on the portion of balance over $20,000, resulting in a range from 0.85% to 0.23% APY depending on the account’s balance.
- Advantage Checking: Balances of up to $25,000 receive APY* of 5.0%; and balances over $25,000 earn 0.10% interest rate on the portion of balance over $25,000.
- Plus Checking: 3.00% cash back on up to a total of $300 PIN/signature-based debit card purchases that post and settle to the account during that cycle period. A maximum of $9 cash back may be earned per monthly qualification cycle.
When Advantage Checking or Plus Checking qualifications are not met, the following apply:
- Free Saver/High-Yield Savings: All balances earn 0.05% APY.
- Advantage Checking: All balances earn 0.05% APY.*
- Plus Checking: No cash back payments are made.
The Free Saver/High-Yield Savings APYs may be less than the Advantage Checking APYs.
*APY = Annual Percentage Yield. APYs are accurate as of 02/05/2025. Rates and rewards are variable and may change after the account is opened. Fees may reduce earnings.
Additional Information: Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons, and other requirements apply. No minimum deposit is required to open the account. Monthly direct deposit/ACH, enrollment in online banking, and receipt of electronic statements are conditions of these accounts. Enrollment in electronic services (e.g., online banking, electronic statements, and log-ons) may be required to meet some of the account’s qualifications. Limit one account per social security number. An Advantage Checking or Plus Checking account is required to have a Free Saver/High-Yield account. A linked Free Saver account is required for automatic savings. There are no recurring monthly service charges or fees to open or close this account.
Contact an Advantage Plus FCU service representative for additional information, details, restrictions, processing limitations, and enrollment instructions. Federally insured by NCUA.