Savings Accounts

We don't share money with stockholders like a bank, we return profits to members like you -- through higher savings dividends and lower loan rates. 

By opening a savings account at Alabama Credit Union, you are establishing membership with us and can take advantage of all that the credit union has to offer including one of our checking account options! 

Declaration Date: For calendar quarter ending  September 30, 2021

Alabama Credit Union savings (share) accounts pay dividends, calculated on daily balances credited and compounded quarterly, at a rate determined by the Board of Directors. Savings account dividends  are declared after the end of each quarterly period. Electronic or automatic withdrawals and transfers are limited to six per month.

Our Special Savings account allows you to separate funds from your regular share savings account for specific purposes

With no minimum balance, no monthly service fee, and the same dividend rate paid on our regular savings accounts, you'll be able to get started easily and watch your savings grow (payroll deduction or direct deposits into your account is the best way to reach your savings goals!). 

In November, Holiday Club account holders will receive a deposit into their savings or checking account for the balance held in their Holiday Club accounts so they can get their shopping underway while selections are best. (And there's no need to visit our office each year to set up your new Holiday Club account as long as you keep your regular deposits arriving in your account. However, if you haven't resumed deposits by May 1, you will need to visit us to open a new Holiday Club account.) 

Our Vacation Club account can help you save for that dream vacation. There is no minimum balance and it pays the same dividend that the regular share savings account pays.