Savings & Certificates
Savings are a fundamental building block of your overall financial stability. At Industrial Credit Union we offer accounts for all types of savers, each having the same purpose -helping you reach your financial goals.
Our standard savings account provides the most flexibility and is your kick-start to a host of other products and services.
Savings Account Benefits:
- Receive monthly dividends
- Can be used for direct deposit or payroll deduction
- Access to Industrial online and mobile banking
- Ability to personalize up to 15 sub-savings accounts
Looking Beyond Standard Deposit Options?
We can work with members on tailored deposit structures, liquidity/sweep solutions, and more complex deposit relationships. Connect with us for a personalized approach to your deposit strategy.
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Premier
A high-yield, tiered savings account is available for members with $10,000 or more on deposit at Industrial.
Average Balance APY* Rate $10,000 to $49,999.99 0.50% 0.50% $50,000 to $99,999.99 1.25% 1.24% $100,000 to $199,999.99 1.50% 1.49% $200,000 to $399,999.99 1.75% 1.74% $400,000 + 2.50% 2.47% -
Basic Savings
Basic Savings
0.15% APY* -
Certificates
If you’re sitting on some extra cash and time is on your side, a savings certificate from Industrial Credit Union may be the right option for you.
Already an Industrial member? Opening a Savings Certificate is a quick and easy process! Call us at 360.734.2043, use the Chat button below or visit any Industrial branch to get started.
Term APY* Rate 6 Months 2.00% 1.98% 12 Months 3.00% 2.96% 18 Months 3.00% 2.96% 24 Months 3.00% 2.96% 36 Months 2.75% 2.72% 48 Months 2.75% 2.72% 60 Months 2.75% 2.72% -
Individual Retirement Accounts (IRA)
Save for retirement with an Individual Retirement Account designed to help you build toward your long-term goals.
Industrial Credit Union offers Traditional and Roth IRAs, along with IRA Certificates for members who want to earn a fixed return for a set term.
IRA options include:
- Traditional IRAs
- Roth IRAs
- IRA Certificates
- Transfers and rollovers
IRA eligibility, contribution limits and tax benefits can vary based on your individual circumstances. We recommend speaking with a qualified tax advisor to determine which options may be appropriate for you.
Explore IRA basics, helpful resources and our IRA calculator to learn more.
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Health Savings Accounts (HSA)
Make Your HSA Work Harder
Set aside money for qualified health care expenses while building savings you can use now or in the future.
HSAs can offer tax advantages for eligible individuals, and unused funds remain in your account from year to year.
At Industrial Credit Union, your HSA savings earn 2.00% APY*, helping the money you set aside for health care grow while you save.*
HSA eligibility, contributions, distributions and tax treatment depend on your individual circumstances. We recommend speaking with a qualified tax advisor for guidance specific to your situation.
Learn more about HSAs, contribution and eligibility requirements, qualified expenses and helpful resources.
