Savings Accounts

For more information contact us at 318.397.4243

It all starts with a Sevenfold savings account.

Here’s your ticket to enjoy membership benefits while saving toward your financial dreams.

Minimum balance of only $5 to open
Tiered dividends paid monthly on balances of $100 or more: Watch your money grow.
No monthly fees.
Your money, anytime, anywhere with access through Online Banking
Federally insured by NCUA up to $250,000

With a Sevenfold savings account, the more you save, the more you earn!

Our Youth Savings Account Hits Different

Our Youth Savings Account not only helps young savers learn the value of money but also rewards their efforts with dividends that ‘slay’. Whether they’re saving for their first big purchase, college, or just getting started, our Youth Savings Account empowers kids and teens to watch their savings ‘glow-up’ while learning the value of money. ‘No cap.’

Open an Account

CLUB ACCOUNTS

Club savings accounts are like your personal savings coach—always pushing you to stay on track! Whether you’re saving for a tropical vacation or just the next big holiday, these accounts turn saving into a game with a goal at the end. Plus, we throw in a little interest, so not only will you have saved, but you’ll feel like a financial genius too!

What does ‘slay’, ‘glow-up’ and ‘no cap’ mean?

Honestly, we had to look it up too! ‘Slay’ means absolutely crushing it—like earning dividends on your savings. A ‘glow-up’ is when something gets a major upgrade, kind of like watching your savings grow. And ‘no cap’? That’s just a cool way of saying ‘no lie’—this account really does help young savers learn the value of money.

What’s the interest rate for savings accounts?

You can find our current savings rates on the Dividend Rates page. Rates are subject to change, so be sure to check back regularly for the latest updates.

How are dividends paid?

Dividends are paid based on your average daily balance and the current rates, which are listed on our Dividend Rates page. Dividends are credited monthly, so you’ll see them added to your account each month.

Your accounts with Sevenfold FCU are federally insured by NCUA. Share accounts, share draft accounts, and share certificate accounts are insured up to $250,000 in the aggregate. Joint accounts held separately with others are additionally insured up to $250,000. Traditional and Roth IRA accounts are insured up to $250,000 in the aggregate. For more information, visit NCUA.