OverviewLet your savings earn moreGet rewarded for saving. As you put away more money in your SEFCU Preferred Savings account, we’ll pay you a higher dividend rate.
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 Save more, earn more |
Features & BenefitsThe more you save, the higher your earnings
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Fees & Rates
Current Rates
| Average Daily Tier Balances | Dividend Rate | Annual Percentage Yield* | Minimum Balance to Obtain APY |
|---|---|---|---|
| Preferred Savings $0 - $2,499.99 | 0.15% | 0.15% | $0.01 |
| Preferred Savings $2,500.00 - $9,999.99 | 0.49% | 0.50% | $2,500.00 |
| Preferred Savings $10,000.00 - $24,999.99 | 0.74% | 0.75% | $10,000.00 |
| Preferred Savings $25,000.00 –$49,999.99 | 0.99% | 1.00% | $25,000.00 |
| Preferred Savings $50,000.00 - $99,999.99 | 1.48% | 1.50% | $50,000.00 |
| Preferred Savings $100,000.00 - $249,999.99 | 1.73% | 1.75% | $100,000.00 |
| Preferred Savings $250,000.00 - $499,999.99 | 1.98% | 2.00% | $250,000.00 |
| Preferred Savings $500,000.00 - $999,999.99 | 1.98% | 2.00% | $500,000.00 |
| Preferred Savings $1,000,000.00+ | 1.98% | 2.00% | $1,000,000.00 |
Fees
| Item | SEFCU Fee | New York State Bank/Credit Union average fee*** (as of July 2018) |
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Overdraft Transfer from Savings |
$1.00 |
$8.74 |
*** New York bank/credit union average fees are accurate as of July 2018, and are published in New York Credit Union Association’s RateWatch.
Compare
See which account is best for you
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Preferred Savings
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Mint Savings
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Apply Now
Open a SEFCU Preferred Savings account today
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Current SEFCU member? Open Today |
Not a member? Join SEFCU |
Preferred Savings
The more you save, the more you earn
No minimum deposit
Unlimited withdrawals and deposits
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
SEFCU Wealth Management
Let’s Plan for Success
We help you reach your financial goals
Customized for your individual situation
* Annual Percentage Yield. Rate and APY are variable and are subject to change after the account is opened. APY is accurate as of today—February 6, 2023. Fees may reduce earnings.