High Yield Savings

Take the first steps toward improving your financial well-being through CoVantage Credit Union with a CoVantageGO savings account.

The CoVantageGO Digital Account puts you in control.

When you open a CoVantageGO Digital Account, you can enjoy access to not just savings, but our full array of products and services through our digital channels. When you receive e-Statements and use your debit card, you'll earn more money on your savings - currently  0.35 % APY !

Your CoVantageGO high yield savings account also comes with a checking account with debit card, and e-Statements.* Plus:

  • No monthly fees and no minimum balance to maintain**
  • 24/7 account management through MyCoVantage Online Banking and MyCoVantage Mobile Banking, including bill pay and remote deposit
  • Easy withdrawals from your checking account by ATM/Debit Card
  • Enjoy a paperless experience with e-Statements, tax forms, and loan documents
  • As part of a cooperative, have the opportunity to receive a bonus***

 

Savings & Checking Rates

Annual Percentage Yields (APY) effective 03/07/2021 and subject to change. APY (Annual Percentage Yield) refers to the interest paid on a dividend account over a year’s time. Unlike Rate, APY reflects interest paid on interest. This is why APY is higher than Rate.

Type Rate APY Minimum Deposit
Savings 0.250% 0.25% $10.00 Minimum. Dividend computed on daily balance and credited to account monthly.
Misc. Savings 0.250% 0.25% $10.00 Minimum. Dividend computed on daily balance and credited to account monthly.
Christmas Club 0.250% 0.25% $10.00 Minimum. Dividend computed on daily balance and credited to account monthly. Account balance is paid out 10/31.
Checking 0.100% 0.10% Dividend credited to account monthly. Account must maintain a minimum daily balance of $500.00 to earn a dividend.
IRA Account 0.499% 0.50% $10.00 Minimum. Dividend computed on daily balance and credited to account monthly.
GO Savings 0.349% 0.35% $10.00 Minimum. Dividend computed on daily balance and credited to account monthly. Must enroll in e-Statements and have a debit card.
Funeral Account 0.499% 0.50% $10.00 Minimum. Dividend computed on daily balance and credited to account monthly.

Next Steps