Savings


There are plenty of reasons to save: retirement, a child's education, a special occasion or just the security of putting away money for the future. Whatever your reason, Savannah Federal has a savings product that's right for you.


Share Savings Accounts

To become a member of a Savannah Federal, simply open a savings account in your name. All members must maintain a $5 balance in their savings account and demonstrate at least annual activity in their account to keep it active.

Other features of Regular Savings include:

  • Dividends are calculated and paid quarterly on average daily balance.

  • A competitive interest rate paid quarterly on the average daily balance in your savings account.

  • 24 hour account access through our Online Branch and COREY, our 24 hour voice response

  • Quarterly estatements available

  • Deposits can be made in person, by mail or in the night deposit box.

  • Payroll deduction: You may have deposits to your savings account deducted directly from your paycheck.


The Board of Directors declare the rates for the quarter. The published rate is for the previous quarter. Rates are subject to change without notice.

Dividend rates and annual percentage yields (APY**) are established weekly by the credit union's management. There is no limit on the amount the dividend rate may change. All dividends are compounded monthly. The dividend rate and APY** were accurate as of the effective date above. Fees may reduce earnings. On term share certificates the rate is in effect until the maturity date. The APY** is based on the assumption that dividends remain on deposit within the account during the dividend period; withdrawals will reduce earnings; and there are penalties for early withdrawal. Minimum Deposit required, call CORE for more details.


Christmas & Vacation Club Accounts

At CORE Credit Union we make saving for special occasions a little easier by offering special savings accounts.

Features included with Christmas & Vacation Club Accounts are:

  • Open with just $5.00

  • Deposits can be made by Payroll Deduction

  • A $5 minimum balance required

  • Funds may remain in account if not needed

  • Quarterly estatements available