High Yield Savings
Watch your savings thrive.
Ride the Current of Growing Your Savings
It’s time your money works as hard as you do. A High Yield Savings Account
rewards you with higher interest rates.
Earn More As You Grow
Higher balances unlock better interest rates.
Flexibility Meets Growth
Enjoy the benefits of saving with access when you need it.
Skip The Fees
Maintain a daily balance of $1,000 to avoid a monthly service fee.
High- Yield Savings Account Features:
- Grow your savings faster with higher interest rates.
- Open with $1,000 and deposit $25,000 in new money** within 30 days.
- Skip the monthly fee if you maintain a daily balance of $1,000.
- Funds are easily accessible and not locked in for a minimum term.
High Yield Savings Account Rates
See all rates.
|
Balance Range |
Interest Rate |
APY* Annual Percentage Yield |
Minimum Opening Deposit |
Minimum Balance to Avoid Fee |
|---|---|---|---|---|
|
Effective as of February 19th, 2026. Interest is compounded and credited monthly. Account transfer and withdrawal limitations apply. Daily balance is used to calculate interest. *APY – Annual Percentage Yield **New Money is defined as money that has not been on deposit at the credit union in the past 30 days when the account is opened. The Credit Union may adjust a deposit to the Membership Savings account if a new money requirement is not met within 30 days of account opening. |
||||
|
Balance Range $0 – $24,999.99 |
Interest Rate 0.00% |
APY* Annual Percentage Yield 0.00% |
Minimum Opening Deposit $1,000.00 initially and $25,000.00 New Money within 30 days** |
Minimum Balance to Avoid Fee $1,000.00 |
|
Balance Range $25,000 – $99,999.99 |
Interest Rate 3.00% |
APY* Annual Percentage Yield 3.04% |
Minimum Opening Deposit $1,000.00 initially and $25,000.00 New Money within 30 days** |
Minimum Balance to Avoid Fee $1,000.00 |
|
Balance Range $100,000 or greater |
Interest Rate 3.25% |
APY* Annual Percentage Yield 3.30% |
Minimum Opening Deposit $1,000.00 initially and $25,000.00 New Money within 30 days** |
Minimum Balance to Avoid Fee $1,000.00 |
We Make Opening Your Account Fast
There are three easy ways to get started.
Make an appointment for your visit here.
FAQs
To keep your savings strong, federal regulations limit certain types of withdrawals from savings and money market accounts to six per month. This excludes withdrawals made:
- At a branch or ATM
- By mail or messenger
- By phone (when a check is mailed to your home)
- For payments to Seattle Credit Union loans (unlimited transfers allowed)
If you reach your withdrawal limit, additional transactions may be restricted or result in a fee.
You can open a savings account online or in-person at any of our convenient locations. You are welcome to stop by during business hours or use our appointment request scheduler to plan your visit. There are a few savings account options that are not available to open online, like IRA accounts, please visit one of our locations if an online account opening option isn’t listed.
These are the documents you’ll want to have handy:
- Government Issued ID, such as a Driver’s License, Passport, State or Military ID
- Social Security Number or Individual Identification Number (ITIN)
- Eligibility of Membership, if not confirmed with your Government Issued ID
- You are eligible if:
- You live, work, worship or attend school in the State of Washington.
- You are an immediate family member to a current Seattle Credit Union member.
- You work for one of our Community Partners.
- You are eligible if:
We will also request:
- Residential address
- Email address
- Date of Birth
If you aren’t already a Seattle Credit Union member, you’ll need to also open a savings account, with $5 in it, but this can be done at the same time you are open your checking account using the same information.
Please note: All of our new accounts go through a Financial History Review and online accounts also have a Digital Identity Screening. We review your provided information through a consumer disclosure report and digital identity. For best results opening an account online, please do not use a Virtual Private Network (VPN).
These are the documents you’ll want to have handy:
- Government-issued ID, such as a Driver’s License, Passport, State or Military ID
- Social Security Number or Individual Taxpayer Identification Number (ITIN)
- Eligibility of Membership, if not confirmed with your government-issued ID
- You are eligible if:
- You live, work, worship or attend school in the State of Washington.
- You are an immediate family member of a current Seattle Credit Union member.
- You work for one of our community partners.
- You are eligible if:
We will also request:
- Residential address
- Email address
- Date of birth
For the fastest online account opening experience, please use a standard internet connection, not a VPN (Virtual Private Network).
APY* – This stands for annual percentage yield. The APY* of an account tells you what effect compounding has on your initial investment. If you deposit $1,000 in an account that earns 5.0% compounded monthly, you’ll actually earn 5.12% or $51.20 instead of just $50 after a year passes. The APY* is a handy way to compare accounts for their true return on investment. It accounts for both your deposit(s) or principal amounts plus how interest is earned on the account type.
Not finding what you’re looking for? Contact us.