Secondary Savings Accounts
CREATE SEPARATE ACCOUNTS FOR YOUR SAVINGS PRIORITIES
IF YOU CAN DREAM IT, YOU CAN NAME IT. SET UP DEDICATED ACCOUNTS FOR THE THINGS YOU CARE ABOUT
Low Minimum Balance
Open your Secondary Savings Account with a minimum deposit of $5.
Keep Special Funds Separate
Keep funds for a special purpose apart from your everyday savings.
Manage Your Money Online
Open an account and make transfers using free online & mobile banking.
SECONDARY SAVINGS, FIRST-CLASS RATES
Money in your Secondary Savings Account enjoys the same great rate as our regular savings accounts.
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Minimum Daily Balance |
APY1 |
|---|---|
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1APY=Annual Percentage Yield. Rates are variable and are subject to change at any time. |
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Minimum Daily Balance $5 |
APY1 0.20% |
WHAT IS A PATRIOT SECONDARY SAVINGS ACCOUNT?
A car down payment, a wedding dress, season tickets for your favorite team, an unforgettable trip — we all have special things we want to save for.
A Patriot Federal Credit Union Secondary Savings Account complements your Basic Savings Account, letting you set aside funds for the goals, plans, and dreams that make your life unique.
- Keeps funds for a special purpose separate from everyday savings
- Easily track progress towards your savings goal
- Same great rate as your main savings account
- No minimum balance or monthly fee
Ready to make your savings portfolio more personal? Begin by opening a Patriot Basic Savings Account. Click below to get started.
Open a new accountAlready a member? Add a secondary savings account using online banking
HOW TO OPEN A SECONDARY SAVINGS ACCOUNT
Check Your Patriot Membership Eligibility
Membership is open to anyone who lives, works, worships, or attends school in our service area.
Open a Patriot Basic Savings Account
Establish membership by opening a Basic Savings Account with a minimum deposit of just $5.
Create your Secondary Savings Accounts
Open one or more separate named accounts for your passions using our online banking tools.
FAQs
A Secondary Savings Account makes sense if there are specific things you are saving for in addition to setting aside money for the future. A secondary account allows you to keep funds for specific needs separate from the other funds in your savings account, making it easier to track progress towards your goal. You’ll still enjoy the same great rates and low fees that come with our standard Basic Savings Account.
Once you have opened your Basic Savings Account, you can set up additional Secondary Savings accounts through our Online Banking service
All funds above $5 in a Secondary Savings Account earn dividends at the same rate as our Basic Savings Account. Rates are variable and subject to change at any time.
Yes, funds in your Secondary Savings Account are insured by the National Credit Union Administration (NCUA) in exactly the same way as money in your Basic Savings Account and other deposit accounts. The NCUA guarantees funds invested with member financial institutions up to a maximum of $250,000 per account.
Patriot Federal Credit Union membership is open to individuals, businesses, and organizations who live, work, worship, attend school, or regularly conduct business in:
- Franklin County, Pennsylvania
- Washington County, Maryland
- Frederick County, Maryland
- Berkeley County, West Virginia
- Jefferson County, West Virginia
- Morgan County, West Virginia
When you are eligible, family members, including your spouse, children, parents, spouse’s parents, brothers, sisters, grandparents, and others, can also join.
Back to top Disclosures
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This credit union is federally insured by the National Credit Union Administration.