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Member Savings

Member Savings

This free Savings Account gives you more than competitive dividends on your entire balance. Open this account and you can enjoy all the benefits of membership at Casco FCU.

Set Aside a Little Today to Enjoy Benefits That Will Last a Lifetime

  • Enjoy all the benefits of membership

    Including lower rates on loans, higher rates on savings, and more

  • No monthly service fees

  • Earns competitive dividends monthly

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  • Makes you a member of Casco Federal Credit Union

  • Enjoy all of the benefits of membership, including:

    • Lower rates on loans

    • Higher rates on savings

    • And more

  • Earns competitive dividends on entire balance (paid monthly)

  • No monthly service fees

  • No minimum balance requirements

  • Free Online Banking

  • Free Mobile Banking with Mobile Deposit

  • Free e-Statements

  • Free Telephone Banking

  • $25 minimum deposit to open

Business Savings

We also offer our Personal Savings Accounts to businesses. Tell us about the needs of your business, and we can help place you in the right account. Contact us or visit us today.

Money Market Accounts

Give yourself some extra saving incentive. Our Money Market Account rewards higher balances with higher dividend rates — without tying up funds in long-term investments.

Let Us Reward Your Saving Success with Better Rates for Bigger Balances

  • Pays competitive, tiered rates on balances of $2,000 or more

  • Enjoy enhanced access to your funds

  • Up to six free withdrawals per month

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  • Maximize earnings on your average daily balance of $2,000 or more

  • Earn competitive, tiered dividends

  • The higher your balance, the higher your rate!

  • Enhanced access to your funds*

  • Up to 6 withdrawals per month (of at least $500)

  • No monthly service fee

  • Free Online Banking

  • Free Mobile Banking with Mobile Deposit

  • Free e-Statements

  • Free Telephone Banking

  • $2,000 minimum balance required


*Withdrawals must be a minimum of $500, limited to six per month. No automatic transfers of loan advances allowed. Minimum balance of $2,000 required to obtain the disclosed Annual Percentage Yield. No dividends will be paid if the average daily balance falls below $2,000. Money Market Accounts are subject to account service fees as listed in our account service fee schedule.

Club Accounts

Focus less on finances and more on having fun. Set money aside year-round for special occasions, including holidays, birthdays, vacations, and more — all while earning dividends.

Enjoy Life’s Special Moments Even More by Avoiding Financial Stress

  • Designed to reduce holiday stress, and boost holiday cheer

  • Get a head start on saving for any occasion, year-round — whether it's a much-needed vacation, or anything else

  • Earn competitive dividends

  • Funds will be available when you need them

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  • Get an early start on saving for any occasion

  • Save for the holidays

  • Save for a much-needed vacation

  • And more!

  • Earn competitive dividends, paid monthly

  • Make saving effortless with automatic transfers

  • Transfer from Checking, Savings, or Payroll

  • No monthly service fees

  • No minimum balance requirement

  • Free Online Banking

  • Free Mobile Banking with Mobile Deposit

  • Free e-Statements

  • Free Telephone Banking

  • No minimum deposit to open

Health Savings Accounts

Keep medical costs covered. This free Savings Account works with your high-deductible health plan by providing a tax-advantaged* place to set funds aside — and earn dividends.

Relieve the Sting of Healthcare Costs with High Dividends and Tax Advantages*

  • Tax-advantaged* Health Savings Account

  • No monthly or annual fees

  • Works with high-deductible health plans to help you pay for medical expenses as they arise

  • Easily access funds by Debit Card, and watch your savings grow as funds roll over from year to year

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  • Be prepared for medical expenses

  • Health savings with tax-advantages*

  • Contributions are tax-deductible

  • Earnings are tax-deferred

  • Works with your high-deductible health plan

  • No setup fees or annual fees

  • No minimum balance requirements

  • Savings roll over from year to year

  • Easily access your funds by Debit Card

  • Free Online Banking

  • Free Mobile Banking with Mobile Deposit

  • Free e-Statements

  • Free Telephone Banking

  • No minimum deposit to open

Eligibility

Most adults under 65 who are not enrolled in Medicare and are covered under a high-deductible health plan (HDHP) can qualify for an HSA, but it is up to the account holders to determine their own eligibility. Please contact your tax advisor for further eligibility requirements.


*Consult a tax advisor.

Share Certificates

Get a guaranteed return on your next investment. Choose the term of your certificate and receive a fixed dividend rate — with higher rates for longer terms.

Add Stability to Your Investment Portfolio with Guaranteed Returns Above Standard Savings

  • Risk-free savings on balances of $500 or more

  • Enjoy competitive earnings at a fixed rate that's higher than our standard savings rates

  • Pick your desired term and wait for your payday

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  • Guaranteed earnings on balances of $500 or more

  • Risk-free savings option

  • Earn a competitive rate higher than standard savings rates

  • Receive higher rates by selecting a longer term

  • Dividends compound, and are paid monthly

  • Wide range of terms available (6 months to 5 years)

  • Dividends can be reinvested in a share certificate, or transferred to another Casco FCU account

  • No setup or maintenance fees

  • No penalties for withdrawal of dividends earned

  • Penalty applies for early withdrawal of principal amount*

  • NCUA insured up to $250,000

  • $500 minimum deposit to open


*The penalty is equal to 365 days of dividend earnings.

Individual Retirement Accounts

Get the most from your golden years. Choose between our Traditional and Roth IRAs to enjoy tax-advantages* and competitive dividends the way that works best with your retirement plans.

Tax Advantages* and High Dividends Help You Rest Easier — Today and Tomorrow

  • Tax-advantaged* savings

  • Choose between Traditional or Roth options, depending on your needs

  • Enjoy competitive dividends

  • No monthly or yearly service fees

  • Ensures a more secure future

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  • Enjoy tax advantages* while saving for retirement

  • Two options to choose from, depending on your goals

  • Earn competitive dividends at a higher rate than standard savings

  • No monthly or yearly service fees

  • No setup fees

  • Annual contribution limits apply (see current contribution limits)

  • Additional "catch-up" contribution allowed for members age 50 and better

  • Deduct contributions from your Paycheck, Checking, or Savings

  • Early withdrawal penalties may apply

  • No minimum deposit to open ($500 minimum deposit to open IRA Certificates)


Traditional vs. Roth

Depending on your retirement goals, you may want to open a Traditional IRA or a Roth IRA. We can help you find which IRA is right for you — simply contact us or stop by one of our locations for answers to your IRA questions.

Traditional IRA 

This option offers income tax-deferred earnings, and the possibility for income tax-deductible contributions. These tax advantages* make the Traditional IRA a powerful tool in creating a balanced, long-term savings plan.

Roth IRA

The Roth IRA offers the possibility of income tax-free distributions*. Not only can a Roth IRA help with retirement needs, it can also help you save for other financial goals. Although it's not for everyone, the Roth IRA gives many members an easy and safe way to prepare for the future.


*Consult a tax advisor.