Savings Accounts - The District Credit Union
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Our Savings Account Options

Start Your Lifelong Membership

At The District Credit Union, we want to meet the banking needs of your entire family, including your children. Read on to learn about the benefits of saving with The District, as well your options for doing so.

Share Savings Account

Share Savings APY*


Opening a Share Savings Account at The District Credit Union establishes your ownership stake and begins your lifelong membership with our credit union. As a part-owner, you gain access to all the advantages and products that The District has to offer, including higher savings rates and better financial security. Your first savings account can be opened for a low minimum deposit of $25 and a one-time $10 membership fee.

Your Share Savings Account will serve as your primary account, but you can open other savings accounts to make it easier to save for different goals. Each additional savings account you open can be named whatever you like, be it “College Savings” or “Buying a Car,” to keep your finances in order. These accounts will earn at the same rate as your Share Savings Account, and money can be easily transferred between accounts, whether online or at one of our branches.

Start saving today and experience the benefits of credit union membership.

Savings Accounts for Kids



SMARTY Saving Account

Letting your children start saving at a young age is a great way to foster financial responsibility and independence. Kids between the ages of 0 and 12 can open a SMARTY Savings Account for an initial deposit of only $5. As a savings incentive, each time a deposit is made, your child can choose from a wide selection of SMARTY Kids Club prizes.

Teen Savings Accounts

For teens, saving is especially important. Our Teen Savings Account is open to all teens between the ages of 13 – 19. An initial $5 deposit is all that is needed to start this account. Parents can transfer allowance online, and teens can start managing their own money with your parental guidance.

Report Card Rewards Program

Students grades K-12 can also turn in their report cards each grading period to earn money for good grades. Our Report Card Rewards program pays $2 for each A (or the top grade available) and $1 for each B (or second highest grade available). Students can earn up to $15 per grading term. Rewards are only offered for the most recently completed grading period.

Rewards are only offered for the most recently completed grading term

As your children grow, let them watch their money grow with them.

Other Speciality Savings Accounts

Holiday Club Account APY*


Holiday Club Account

Do you often find yourself wondering what happened to your budget after the holidays? Want to avoid high interest on credit card bills? Then consider putting your holiday spending money into one of The District’s Holiday Club Accounts. Keep your spending in check while earning a competitive interest rate, so you have no second thoughts about your gift-giving.

Holiday shares may be withdrawn starting October 1st through January 31st of the following year.

Tools to Help You Save

To learn more about how to manage your savings accounts, please check out our free education center.

Savings Calculators

Savings Goals

What will it take to reach your savings goal? Use this financial calculator to find out.

Home Buyer Savings Calculator

Use this tool to help you calculate what it might take to save for your new house.

* APY = Annual Percentage Yield. Various fees may reduce the earnings on account. All dividends are calculated daily and paid at the end of the month, effective the first day of each quarter.


Savings Rates

Rates are effective July 1, 2024 and are subject to change without advanced notice.

DescriptionRateAPYMinimum Amount
Regular Shares0.05%0.05%$25.00
Holiday Club Shares0.05%0.05%$25.00
IRA Shares0.05%0.05%$25.00
SMARTY Savings0.50%0.50%$5.00

All dividends are calculated daily and paid at month-end, effective the first day of each quarter. Holiday Shares may be withdrawn starting October 1st until January 31st of the following year. APY=Annual Percentage Yield. Various fees may reduce the earnings on accounts.