Personal Banking

Personal Savings

Federally Insured

Deposits federally insured up to $250,000 by the NCUA.


A savings account with ERCU is what makes you a member of the credit union. A required deposit of $5 into a regular savings account is what gives you ownership of your piece of ERCU.  Deposits with ERCU are federally insured up to $250,000 by NCUA.

Regular Savings Account

A regular savings account is also what makes you eligible for other services provided by the credit union. Dividends, which are subject to change, are paid quarterly. Deposits to your regular savings account can be made in the following ways:

  • Direct Deposit
  • Payroll Deductions
  • Over the counter
  • Wire transfer
  • By mail
  • Transfers from other ERCU accounts
  • Remote deposit capture via our mobile app
  • Night Drop deposit box

Special Savings (90 Day Investment) Account

A special savings account allows you to accrue a larger dividend per quarter. A minimum deposit of $500 must be made to open a special savings. Rates are subject to change at the beginning of each quarter. Withdrawals may be made during the quarter with no penalty so long as a minimum balance of $500 remains in the account. Deposits to a special savings must be made in increments of $500 and can be done at any time during the quarter. Account closures during the quarter are subject to early withdrawal penalties.

Christmas Club Account

Our Christmas Club Account is a special savings account that helps you prepare for the holiday season. Deposits to your Christmas Club Account can be made at any time and in a multitude of ways including payroll deductions, direct deposit, over the counter transactions, and transfers from other ERCU accounts. Account balances are disbursed on November 1 of each year by transfer into your savings or checking account with ERCU. One early withdrawal can be made from the account per year for a $10 fee.