Savings Accounts

Our primary purpose of service is to encourage our members to save money. Making regular deposits into your savings account is a great way to save for both expected and unexpected expenses. Plus starting your savings habits early will pay off with benefits that last a lifetime.

Primary Share Account

This is your basic savings account. Your initial $5 deposit into this account establishes your Credit Union membership and makes you an owner of Sentinel Federal Credit Union which gives you access to our many products and services. Your minimum account balance is $5 and dividends are paid monthly on balances of $100 and greater.

Secondary Share Account

Set up a Secondary Share account to accumulate funds for things like taxes and insurance. You can name this account whatever you’d like to call it. There is no minimum balance or opening balance required and dividends are paid monthly on balances of $100 and greater.

Money Market Saver Account

You’ll earn a higher annual percentage yield on your savings with a Money Market Saver account without locking those funds in for a specific term. The minimum balance is $1,000 and higher balances earn higher returns. There is no monthly service charge; dividends are compounded daily and paid monthly; and the minimum withdrawal amount is $250 with no more than six withdrawals per month.

Christmas Saver Account

With a Christmas Saver Account you can set up automatic transfers into this special savings account which can then be used for your holiday gift buying. There is no minimum balance or opening balance required and dividends are paid annually on October 31st on daily balances of $100 and greater. In November the balance you have in this account will be automatically transferred to your Primary Share, just in time for your holiday shopping.

Dream Saver Account

You can save for that dream vacation or that special item you’ve been dreaming of with a Dream Saver account. By depositing systematically into this account you can make sure your funds are there when you need them. There is no minimum balance or opening balance required and dividends are paid monthly on daily balances of $100 and greater and no more than two withdrawals or transfers are allowed during a 12-month period.

Share Certificate & IRA Certificate

A Certificate is a safe investment with a higher yield than a regular savings account. You choose the interest rate and term that is best for you. Invest as little as $500; terms range from 6 to 60 months; higher investment amounts receive a higher dividend rate; special “bump-a-rate” available on any certificate excluding specials; dividends are compounded daily and paid quarterly; and early withdrawal penalties may apply.

IRA Share Account

An IRA Share account features no minimum balance or opening balance requirement, making this a great starter account for you to deposit funds from Roth and Traditional IRA accounts. There is no annual maintenance fee and dividends are paid monthly on daily balances of $100 and greater.

Traditional or Roth IRA

A secure way to save for your retirement. There are no enrollment or maintenance fees. IRA Share accounts have no minimum balance and can be added to at anytime. IRA Certificates earn a higher dividend than the IRA Share account and have a $500 minimum balance. Contact your tax advisor or financial planner for which IRA is best for you.

Keep Your Account Active to Avoid a Dormant Maintenance Fee: Dormant share accounts are defined as accounts that have had no activity for 12 months, other than paid dividends, with less than a $750 balance and the member is over 18 years of age and has no loan, IRA or certificate with the Credit Union. To avoid a Dormant Maintenance Fee, simply utilize your Credit Union’s products and services to keep your account active.

Your savings are federally insured to at least $250,000 and backed by the full faith and credit of the United States Government and the National Credit Union Administration, a U.S. Government Agency. Retirement accounts are insured up to $250,000.