Savings Accounts
Discover the security in a credit union savings account knowing your funds are covered up to $250,000 by NCUA. Grow your finances and start building towards your short-term savings goals.
Earn a $50 gift card when you open an account with Raiz!
For a limited time, you can kickstart your financial journey with us and instantly receive a $50 gift card** just for becoming a new member in December!
To qualify, you must:
- Open a Raiz savings and checking account
- Select any Raiz Spirit Debit card of your choice
- Sign up for Raiz Digital Banking
- Set up direct deposit
- Complete a minimum of 10 $20 (or more) transactions on your new Raiz Spirit Debit Card in the first two months from account opening.
- You can stop by any of our branch locations or apply on our website today to get started!
Light up the new year with a brighter financial future with Raiz.
Overview
With Raiz, it has never been easier to manage your savings. Yes, you'll get a secure account to grow your savings, but you also get access to all the other great features Raiz has to offer.
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Features
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$5 Minimum Balance to Open
It doesn't take much to start saving. You can open your Raiz savings account with a minimum deposit of just $5.
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Online and Mobile Banking
Manage your savings no matter where the road might take you. With online and mobile banking, you can access your account from any device in any location.
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Federally Insured
Every deposit you make into your savings account is federally insured up to $250,000 by the NCUA, so you can feel confident that your money is safe.
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Person-to-person payments with Zelle®
Send or request money from anyone using their phone number or email address.
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Automatic Deposits
Set up automatic deposits that come out of your account, so you can just sit back and watch your money grow. It's the easiest way to save!
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And more ...
Savings Rates
See today's ratesAs high as
Annual Percentage Yield1Savings Account Calculator
Final Balance
Contributions: | Earnings:Earn Money as You Save Money
Don't let your money just sit in a checking account. A high yield Savings Account from Raiz will earn more dividends, so you can reach your financial goals even faster. Any balance over $300 will start to earn dividends. The more you save, the more you earn!
Complete Financial Freedom
With a Savings Account from Raiz, your funds are never locked into a savings term. You have complete access to use your savings with no withdrawal penalties. Use and move your money as you see fit.
Why Choose Raiz?
Our financial experts are some of the best, but really our motivation is you. Here is what we are doing today to reach a brighter tomorrow.
We work hard to make your money work for you. Reap the benefits of our innovative products and services that provide you with high dividend checking accounts, low interest on loans, and great rates on savings and retirement accounts.
Your money never sleeps, and neither do we. Raiz members have 24/7 access to digital banking and an online support chat available to help with all your banking needs.
We don’t just want to help you manage your money, we want you to thrive! Raiz provides free, award-winning online courses that cover an array of topics for every stage of your life.
Start your financial journey today.
Rising up our community is what drives us forward. We dedicate our time, funds, and resources to organizations and initiatives that are committed to making a difference.
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1
Open an Account
It takes only minutes to open your account online or in the branch.
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2
Make Initial Deposit
Deposit at least $5 to get started.
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3
Save for the Future
Make regular deposits to save for a rainy day or any other financial goal.
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Yes. Raiz has taken every precaution to ensure the security of all member information, account information, and member records through the upgraded operating system.
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Our team has been diligently configuring the upgraded operating system for approximately 18 months. Your data has been verified, balanced, tested, and reviewed to ensure accuracy.
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Post system upgrade weekend, members will receive two (2) statements. One for transactions made prior to the system upgrade weekend not including dividend information, and a second for the transactions made post-system upgrade weekend including dividend information.
The second statement will look different with an updated format. New statement format will show information for all accounts on which the member is the primary owner. Members who previously received multiple account statements will now only receive one consolidated statement.
Business accounts with an EIN (tax ID number) will continue receiving a separate monthly business account statement. Please refer to the key dates page for more information.
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No. Your existing direct deposits and/or authorized payments will continue to process without interruption. After the system upgrade is complete, you will use your new account number(s) to set up any new ACH payments or direct deposits. Please refer to the key dates page for more information.
Have a question?
We’re happy to help you every step of the way!
Chat with us
Start live chatChat live with a team member who can quickly help answer your question.
Meet with us
Schedule an appointmentSchedule a virtual or phone appointment convenient for you, and let us help you get to the next financial level.
Start Saving Now for a Better Future
At Raiz, we make it easy to build a more secure financial future. A few of our members favorite features are: low opening balance, no saving terms, and more dividends. In addition, we make accessing your savings account easy with Raiz’s traditional, mobile and online banking options. This way, you can keep an eye on your savings goal! Open your credit union savings account today.
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More Features
$5 Minimum Balance to Open
With just $5, you can open a Raiz savings account to start building toward your financial goals.
Earn Dividends
Put your money to work and earn more dividends on your balance compared to a regular checking account.
Automatic Deposits
Work toward your savings goals without even thinking about it by setting up automatic deposits.
Online and Mobile Banking
Manage your funds wherever you might go with online and mobile banking services.
Withdraw Money any Time
Always have access to your money. You can withdraw your money at any time without penalty.
Federally Insured
Sleep sound knowing your savings are safe with federal insurance up to $250,000 by the NCUA.
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