Savings/Certificates

View current deposit rates

Savings

  • In order to become a member, you must live or work in Otsego County, and you are required to open a Savings account with a minimum balance of $5 and a $1 lifetime membership fee. Once you have become a member, you will be able to take advantage of all the products and services we offer.
  • Dividends on average daily balances of $100.00 or more
  • Free Phone Access Teller system (PAT)
  • Free access to online banking and our mobile/tablet app.
  • Quarterly Statements

Special Savings

Special Savings Account
  • A savings account for just about any purpose you decide. Be it for a wedding, the holiday season, travel, or any other reason!
  • Dividends on average daily balances of $100.00 or more
  • No balance requirement!
  • Free access to online banking and our mobile/tablet app.
  • Free Phone Access Teller system
NCUA Insured

Money Market

  • Money Market Accounts provide additional savings options for our members.
  • Designed to keep pace with current market rates without the restrictions of a term share certificate account.
  • Dividends paid monthly on average daily balances.
  • Minimum balance of $2,500 to earn dividends is required.
  • Liquid funds with limited check writing privileges.
NCUA Insured

IRA Savings & IRA Certificate

  • Build your retirement account at your Credit Union. Open an IRA today with as little as $5.00.
  • We offer the Traditional, Roth, Coverdell and SEP IRAs.
  • IRS yearly maximum contribution limits apply.
  • Ages 50 and over catch-up contribution for is $1000 ($6,500 total).
  • IRA Certificates are available in 24 and 60 month terms. Minimum deposit for Certificates is $1000.
  • IRA Savings available. Dividends on average daily balances of $100.00.
  • We accept transfers and rollovers from other IRAs.
  • All rates are subject to change without notice.
  • NCUA insured up to $250,000.

Certificates of Deposit

  • Certificates of Deposit are available in terms of 12, 24, 36, or 60 months.
  • Minimum deposit of $1,000 for certificates.
  • Penalty for early withdrawal of a Certificate of Deposits is 3 months interest.