Savings & Investing

Prime Share

A Prime Share Account is our basic building block for financial success. This account unlocks all the benefits your credit union has to offer. Your $25 minimum deposit gives you ownership rights of the credit union as well as voting privileges in choosing our board of directors. Every member is required to keep at least $25 in the account at all times for membership. With this account, you will have access to the wide range of other great services that we provide at ACU!

Golden Share

A Golden Share Account may be opened anytime during the year and is a great high yield savings account. Many members use this account to save for future expenses, children's accounts, college funds, rainy day funds, and much more! This account is a truly flexible savings vehicle for anything worth saving for.

Life Happens is a great savings option that can help you save for unexpected expenses. Earn 1.00% APY* on the first $2,000**. Whether it is an unexpected medical expense or to help cover an insurance deductible, you'll be glad you saved up for when... Life Happens!

*APY is Annual Percentage Yield. The annual percentage yield may change monthly as determined by the board of directors. APY is accurate as of last declaration date. Fees may reduce earnings on account.

**Not available for business, organizational, trust or estate accounts.

If you are a current member and would like to open a Life Happens Savings account, click the button below.

A+ Savers Club

Turn those good grades into cash in your account!

Good grades are money in the bank. Literally! The A+ Savers Club is a program that rewards children in grades K-8 with cash deposits into their savings accounts when they bring in their semester report cards. For every A, or grade equivalent, the student will receive a $4 deposit into their savings account. For every B, a $2 deposit will be made. Maximum deposit is $20 per student, per semester and will include only core subjects taken during the semester (math, science, social studies, reading, etc.)

To qualify, students must be a member of Advantage Credit Union and bring in a copy of their semester report card.*

Want to open an account for your child?

Here’s what you’ll need:

• Child’s birth certificate

• Child’s social security card

• Parent/Guardian’s non-expired driver’s license with a current address.

  • If the accompanying adult’s ID does not have their current address, they will need a piece an additional piece of address verification. Only the following verification documents will be accepted: current utility bill, current bank statement, current lease agreement or Iowa Assessors/Beacon website.
    

*Subject to membership eligibility requirements. $25 deposit into Prime Share account required. Prime share account earns .15% APY. APY is Annual Percentage Yield. APY accurate as of last declaration date. The annual percentage yield may change monthly as determined by the board of directors. No minimum balance required after initial $25 deposit. A's that Pay earnings are considered a bonus and will be paid at the time the report card is presented. A's that Pay promotion expires July 31, 2025. Fees may reduce earnings on account.

Christmas Club

A Christmas Club Account may be opened anytime during the year and deposits may be made up to October 31. The entire account balance will be paid out in early November. A Christmas Club Account is a great savings vehicle and budgeting tool that helps you stay on top of your finances when planning your holiday expenses.

Vacation Club

A Vacation Club Account may be opened anytime during the year and deposits may be made up to April 30. The entire account balance will be paid out in May. A Vacation Club Account is a great savings vehicle and budgeting tool that helps you stay on top of your finances when planning your next family vacation.

Money Market

A Money Market Account offers you the benefit of earning a higher interest rate while still having access to your funds. Transaction limitations apply. See disclosure for details.

Term Share

A Term Share, commonly referred to as a CD, offers higher yields than savings accounts with restricted availability of your funds.

ACU now offers HSA and IRA CDs. These specialized CDs offer a higher rate than HSA and IRA accounts, so your savings can grow even faster! Terms range from 6 months to multi-year terms. HSA and IRA CDs are a great option if you’re looking for a secure way to grow your savings balance using funds that you won’t need in the short term.

Health Savings

An HSA, or Health Savings Account, is a special type of savings account that allows you to set aside money on a pre-tax basis to pay for qualified medical expenses.

Access your self-service portal that lists Frequently Asked Questions, allows you to change or add beneficiaries, make withdrawals and make contributions online.

Individual Retirement Account

Advantage Credit Union offers both Traditional and ROTH Individual Retirement Accounts (IRAs). When used at the credit union, these accounts can help you transition your investments between employers in the event of a job change or used as a savings vehicle in your retirement planning needs.

Access your self-service portal that lists Frequently Asked Questions, allows you to change or add beneficiaries, make withdrawals and make contributions online.

Coverdell Education Savings

A Coverdell Education Account is used to help pay for qualified education expenses. This tax-advantage account is designed to encourage savings to cover expenses such as tuition, books, uniforms, etc. Consumers should consult with a qualified tax advisor for additional tax information.

Access your self-service portal that lists Frequently Asked Questions, allows you to change or add beneficiaries, make withdrawals and make contributions online.