OverviewPremium earningsYou’ve worked hard to get where you are; now it’s time to let your money work hard for you. If you have $100,000 or more in savings deposits, we invite you to open a high-yield SEFCU Preferred Plus* Savings account. |
 Big Money = Big Rewards |
Features & BenefitsEarn a higher yield
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Fees & Rates
Current Rates
| Average Daily Tier Balances | Dividend Rate | Annual Percentage Yield** | Minimum Balance to Obtain APY |
|---|---|---|---|
| Preferred Plus Savings $0 –$2,499.99 | 0.05% | 0.05% | N/A |
| Preferred Plus Savings $2,500.00 - $9,999.99 | 0.10% | 0.10% | $2,500.00 |
| Preferred Plus Savings $10,000 - 24,999.99 | 0.10% | 0.10% | $10,000.00 |
| Preferred Plus Savings $25,000 - $49,999.99 | 0.15% | 0.15% | $25,000.00 |
| Preferred Plus Savings $50,000 - $99,999.99 | 0.20% | 0.20% | $50,000.00 |
| Preferred Plus Savings $100,000–$249,999 | 0.25% | 0.25% | $100,000.00 |
| Preferred Plus Savings $250,000–$499,999 | 0.35% | 0.35% | $250,000.00 |
| Preferred Plus Savings $500,000–$999,999 | 0.35% | 0.35% | $500,000.00 |
| Preferred Plus Savings $1,000,000+ | 0.35% | 0.35% | $1,000,000.00 |
Fees
| Item | SEFCU Fee | New York State Bank/Credit Union average fee^ (as of April 2021) |
|---|---|---|
| No activity for 12 months | $3/month | $7.80/month |
| Excessive withdrawals | No fee | $10.39 |
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Teller Check |
No fee |
$10.65 |
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Money Order |
No fee |
$4.04 |
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Below minimum average monthly balance * |
$15 |
N/A |
^ New York bank/credit union average fees are accurate as of April 2021 and are published in New York Credit Union Association’s RateWatch.
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See which account is best for you
Preferred Plus Savings
- For members with a balance of $100,000 or greater in savings deposits*
- Free overdraft transfers
Preferred Savings
- No minimum opening deposit
- Easy withdrawals and deposits
Apply Now
Open a SEFCU Preferred Plus Savings account today
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Preferred Plus Savings
Earn even higher dividends
For members with balances greater than $100,000
Unlimited withdrawals and deposits
Free checks and money orders
More to think about...
Share Certificate
Grow Your Savings
Open with just $500
Terms from three months to five years
IRA Share Certificate
Fund Your Retirement
Consult your tax advisor
Grow your money faster than traditional savings
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