Basic Savings account

With your $5 minimum deposit to a Basic Savings account, you become a member-owner of Oregon State Credit Union, entitled to take advantage of all the benefits, products and services available to our members. Federally insured by NCUA up to $250,000, Basic Savings can be designated as overdraft protection for your checking account. There's no monthly service fee when you maintain a $250 balance or have at least one other account type with us. Learn more about savings account rates and fees.

Open a Basic Savings account online

Savings account rates
Effective Date: Monday, November 28th, 2022
AccountMinimum balance to earn dividends*Dividend rateAnnual Percentage Yield (APY)
Basic Savings $100.00 0.10% 0.10%
Scottie Savers** $5.00 0.10% 0.10%
TLT (Teen) Savings** $5.00 0.10% 0.10%
Minimum balance to open all savings accounts is $5.00.

* Minimum balance that must be maintained each day to earn dividends.

** Members under 18 require a parent or guardian as a joint signer.


Frequently asked saving account questions

Q: Why should you save?

  • A: Because life is unpredictable, things happen. Having savings set aside for emergencies (and opportunities) will give you peace of mind and a start toward stress free decisions about how to use your money

Q: Savings, CD or money market? Which is right for you?

  • A: Depending on your financial situation, a saving account is the right starting point. But there are other saving options which may benefit you.

Open a Basic Savings account online

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