Saving for a goal — like a new car, retirement, education expenses, and other needs — is simple with a savings account from San Francisco FCU. Our competitive rates help you grow your savings faster, and there are no monthly fees, which means more of your money stays in the account to boost your savings even further. Open a savings account today for a flexible and convenient way to achieve your financial goals and build a secure financial future.
Are you already a member? Log into Online Banking or click here to open an account.
Open an account right away to start growing your savings.
More money stays in the account to help you save.
Save without the pressure of maintaining a minimum balance.
Our credit union savings rates help you reach your savings goals faster.
Establishing a savings account with no deposit makes you a San Francisco Federal Credit Union member. Grow your savings with a competitive interest rate, which is tiered based on the account balance. The more you save, the more you can potentially earn!
Take advantage of higher interest rates while also enjoying convenient access to your funds. Tiered interest rates based on your account balance make this savings option a smart way to grow your money.
Enjoy guaranteed returns with a fixed rate that is typically higher than standard savings accounts and money market accounts. Flexible terms of 3-60 months are available for a variety of savings goals. Because withdrawals prior to the maturity date will incur a penalty, these accounts are best for those with no immediate plans for their money who are looking for a secure way to earn a higher rate.
It’s never too early to start saving for the future with either a Traditional IRA or Roth IRA savings account! With a Traditional IRA, contributions are made with pre-tax dollars, which may lower your taxable income. With a Roth IRA, contributions are made with money that has already been taxed, and withdrawals in retirement are not taxed. IRA certificates are also available for both accounts to help you prepare for a brighter retirement.
Give your child a head start on learning smart money habits with an account that makes saving exciting and fun! There are no minimum balance requirements, meaning youth can start saving immediately. And there are also no monthly fees, which helps young savers grow their accounts faster. Account holders receive newsletters with tips and resources to help them develop strong money management skills.
Take advantage of a Coverdell Education Savings account or certificate to save for future education expenses. A Uniform Transfer to Minors Account allows you to transfer assets to a child without needing a trust. With a custodial account, you retain control of the account until your child reaches adulthood.
| Amount | APY* |
|---|---|
| $100 (min) | 0.015% |
| $2,500 (min) | 0.015% |
| $20,000 (min) | 0.015% |
| $50,000 (min) | 0.025% |
| $80,000 (min) | 0.025% |
| Last Updated: 02/01/2024 | |
| Amount | APY* |
|---|---|
| $2,500 (min) | 0.100% |
| $20,000 (min) | 0.150% |
| $50,000 (min) | 0.351% |
| $100,000 (min) | 0.753% |
| $250,000 (min) | 0.753% |
| $500,000 (min) | 1.005% |
| $1,000,000 (min) | 1.005% |
| Last Updated: 11/01/2025 | |
| Amount | APY* |
|---|---|
| IRA Savings | 0.150% |
| Last Updated: 02/01/2024 | |
*APY= Annual Percentage Yield. Rates accurate as of 02/01/2024, subject to change after account opening. Fees may reduce earnings. While every effort has been made to ensure that this website contains accurate and current information regarding rates and other terms, errors may occur. Rates quoted are subject to correction and change by San Francisco Federal Credit Union.
Conveniently check your savings account balance and transfer funds online or with our mobile app.
Direct a portion of your direct deposit payments to grow your savings on autopilot.
Arrange for funds to be transferred automatically from your checking to your savings each month so you don’t forget.
Savings accounts are federally insured for up to $250,000.
Deposits can be made by cash, check, electronic transfer, or with mobile banking.
We’re always just a phone call away if you have any questions. We’re here to support you every step of the way!
Click the button below to fill out our short application, or drop by a branch.
We’ll reach out to you and let you know when your account is ready, typically within one business day.
Fund your account to start
earning dividends.
San Francisco FCU is a member-owned, non-profit financial institution in the San Francisco area. Instead of earning profits for distant investors, we focus on serving the local community with competitive rates, low fees, and personalized service.
We’re here to serve all of your banking needs. In addition to our savings accounts, we also offer checking accounts, low-rate loans and mortgages, and a variety of other banking products. Become a member today for banking that puts your needs first!
When you open a share certificate/CD with us, you can make arrangements for the money when the CD matures. If you don’t make arrangements, there is a 10-day grace period after your CD matures when you can roll your balance over to a new CD, add funds, or reduce the balance. You can also transfer money to a different account or close the account without penalty.
If you want to roll over your balance to a new CD, please contact us for the latest SFFedCU CD rates, the annual percentage yield (APY), and to discuss term options. We can be reached during regular business hours at: 415-775-5377.
Yes, all of our credit union savings accounts are federally insured by the National Credit Union Administration (NCUA) for up to $250,000.
Share certificates/CDs require you to keep your money in the account for a specific term in exchange for a higher interest rate. The term can be for a few months to several years. Although you can withdraw money before the maturity date, you will incur a penalty, consisting of a portion of the interest earned.
Because savings accounts are intended to encourage saving money, they do not include a debit card or allow you to write checks. If you need to make a purchase with the money in your account, you can either transfer funds to your checking account or make a cash withdrawal.
You can conveniently check your savings account balance and take care of other banking tasks through online or mobile banking.
Per federal regulations, you can make up to six withdrawals or transfers from savings accounts per month. If you exceed the number of allowed withdrawals or transfers, the credit union will charge an excess activity fee. This does not include retirement accounts and share certificates, which require you to keep your money in the account until it matures or you reach retirement to avoid a withdrawal penalty.
