savings & investment accounts
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SAVINGS Quick Links
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Communities of Abilene Federal Credit Union Savings Accounts are a great way to plan for the future! We offer great dividend rates - check them out! Achieve your financial goals using the variety of savings and investment options we offer.
You’ll also enjoy peace of mind knowing that your savings accounts are federally insured up to $100,000 by NCUA. Individual Retirement Accounts (IRAs) are federally insured up to $250,000.
Share Membership Savings
The savings account establishes your membership. You may open your Share Savings account with a $25 deposit and a $5 membership fee. Once you open this account, you may take advantage of our many other valuable products and services.
Secondary STASH Savings
- Secondary share savings
- $25 deposit to open and maintain account
- No penalty for six (6) or less withdrawals/transfers monthly
- Dividends paid quarterly
Holiday Club Savings
A great way to save money for holiday shopping, traveling or dining. Deposits can be made regularly and easily via direct deposit/payroll deduction. Personal deposits are also accepted and can be made at any time.
- Open your account year round.
- No minimum balance. Deposits accepted anytime.
- No withdrawals allowed
- Dividends paid annually
- Payout is October 31 - Immediate access of funds
- Funds transferred to designated savings or checking account
Open the CoAFCU savings account that is right for you, simply call, email or stop by one of our branches. Start your future today!
America Saves
Prove that you don’t have to be rich to build wealth. Open an America Saves account and you'll help pay off your debts, and save to reach your financial goals. CoAFCU can help with our America Saves account. Open yours today, simply call, email or stop by one of our branches.
- Establish "paying yourself FIRST"
- Account must have an allotment or payroll deduction of at least $10 being deposited consistently
- One (1) withdrawal allowed per a 12 month period*
- Dividends paid quarterly
- Visit AmericaSaves.org for great savings tips, strategies and more!
*If more than the one withdrawal occurs in the calendar year, a fee of $35.00 will be charged for each consecutive withdrawal.
U.S. Savings Bonds
U.S. Savings bonds are the classic, traditional gift. Whether giving to a newborn, deciding what the cousin’s child really needs or giving to anyone, a U.S. Savings Bond is perfect. Savings Bonds, available through CoAFCU, are the great American investment, helping to improve America's public debt management while providing you with a safe, guaranteed investment. And they can be purchased and redeemed without fee or commission.
Call, email or stop by one of our branches and ask us about U.S. Savings Bonds today.
529 College Savings Plan
529 College Savings Plan is a tax-advantaged way of saving for a higher education. Anyone (a parent, spouse, grandparent, other family member, friend, or you) can contribute to the Plan. The student uses the 529 account for qualified education expenses, such as tuition and room and board. The contributor (or account owner) has complete control over the account and can contribute no matter his/her income level. The contributor selects from a variety of investment options with varying rates of return.