Savings Accounts at NorthWinds
NorthWinds Federal Credit Union is member-owned. An initial $5 deposit into a Share Savings Account is required to become a credit union owner/member. But our Savings Accounts can do so much more!
NorthWinds offers competitive savings rates that grow with your savings. Your deposits are insured, so your money grows safely. And NorthWinds staff and online resources are here to help you save smarter.
Ways to Save
An initial $5 deposit into a Share Savings Account is required to become a credit union owner/member. But you can set up multiple basic Savings Accounts to set aside money as part of a practical savings strategy. NorthWinds can also help by automatically transferring funds from your savings to your checking to keep your checks from being returned. It is another no-fee service from your Credit Union. Keep your funds in your savings account and earn more dividends, and rest assured your checks will be honored.
For more information, call us at 952-445-0888. To review our Funds Availability Policy Disclosure, click here.
Second Savings
You can open a second savings account and transfer money into this fund manually or automatically. It’s a simple and fun way to set aside money for a vacation or any other short-term savings goal.
Stop by any office or call Member Services at 952-445-0888 to open your NorthWinds savings account.
NorthWinds’s Money Market accounts offer higher earning potential similar to a certificate of deposit, but without the long-term commitment.
Unlike stocks and other investment options, a Money Market account is guaranteed and insured. You can grow your funds – and access them – without risk! Stop by any office or call Member Services at 952-445-0888 to open a NorthWinds Money Market account.
ELITE Money Market accounts offer higher interest rates when you have a minimum of $75,000 on deposit at NorthWinds Federal Credit Union.
ELITE WEALTH Money Market accounts offer higher interest rates with a minimum of $250,000 on deposit at NorthWinds Federal Credit Union.
NorthWinds’s Certificates of Deposit offer higher earning potential than a savings account. This low-risk investment option offers a range of features and terms. Use these accounts to get started or capitalize on saving, but remember, you may reduce your earnings and receive a penalty if you withdraw money early.
Unlike stocks and other investment options, a CD is guaranteed and insured. You can grow your funds without risk! Stop by any office or call Member Services at 952-445-0888 to open a NorthWinds FCU CD account.
RELATIONSHIP certificate specials offer higher interest rates if you have a minimum of $75,000 deposit or in a checking with direct deposit and a loan with NorthWinds Federal Credit Union.
PREMIER certificate specials offer higher interest rates if you have a minimum of $250,000 on deposit with NorthWinds Federal Credit Union.
Social Security and pension plans are often not enough to maintain your standard of living at retirement. An Individual Retirement Account (IRA) from NorthWinds Federal Credit Union is an excellent way to invest for your retirement years.
Stop by any office or call Member Services at 952-445-0888 to open a NorthWinds IRA.
Open a New Account Today!
If you already have an account at NorthWinds, simply click the link below and choose the Existing Member Account option.
If this is your first account at NorthWinds Federal Credit Union, be sure to review our instructions on how to join before selecting the New Member Account option..
Young Savers
Teach your children to become smart savers at an early age. It starts with two simple actions.
- Open a Smart Saver account for your child.
- Buy two small piggy banks (or use regular glass jars).
When your child fills both piggy banks, bring them back to NorthWinds. We’ll deposit the first bank’s contents into your child’s Smart Saver account. Your child decides the future of the second piggy bank.
We’ll count the contents of the second bank, but this is a savings amount that your child can actually see and touch. Your child may decide to deposit this money too, or opt to use a portion to purchase some desired toy. The point is that a child sets — and meets — a goal to fill those two banks, and they see tangible financial rewards as a result. It’s a valuable lesson in saving.
Parents, you can monitor your child’s account from Online Banking. You can even set up a monthly allowance to be transferred in automatically.
NorthWinds FCU offers a basic checking account that’s just right for students. It includes free online banking and bill pay. You also will have unlimited debit card transactions and unlimited use of ATM machines on the CO-OP Network.
Both parents and teens can use Online Banking and Mobile NorthWinds to transfer monthly allowances, track the balance in the account, and monitor their new spending habits. You can also ask if you are eligible for overdraft protection – a valuable tool. And with Shared Service Centers throughout the United States, odds are we have a branch near your college of choice.
When your teen is ready, you can co-sign on a VISA credit card from NorthWinds and help them establish a credit rating.
Stop by any office or call Member Services at 952-445-0888 to get more information on NorthWinds Checking accounts and VISA credit cards.
Online Tools
NorthWinds has several tech-savvy tools to help you manage your money. Online account access, mobile deposits, eStatements, and apps to find surcharge-free ATMs are all available at your fingertips.
Lending Choices
No matter the loan you’re looking for, NorthWinds has better rates, fewer fees, and personal service. As a not-for-profit financial institution that’s community-owned, you’ll be working with friends and neighbors and not a Big Bank.
Financial Education
Don’t hesitate to schedule a time to sit down with a Financial Expert from NorthWinds. It’s a free service and we’re happy to help. Also check out our list of free online budgeting tools to help you manage your money.
Online Tools
NorthWinds has several tech-savvy tools to help you manage your money. Online account access, mobile deposits, eStatements, and apps to find surcharge-free ATMs are all available at your fingertips.
Lending Choices
No matter the loan you’re looking for, NorthWinds has better rates, fewer fees, and personal service. As a not-for-profit financial institution that’s community-owned, you’ll be working with friends and neighbors and not a Big Bank.
Financial Education
Don’t hesitate to schedule a time to sit down with a Financial Expert at NorthWinds. It’s a free service and we’re happy to help. Also check out our list of free online budgeting tools to help you manage your money.
Open an Account Today!
If you already have an account at NorthWinds, simply click the link below and choose the Existing Member Account option.
If this is your first account at NorthWinds Federal Credit Union, be sure to review our instructions on how to join before selecting the New Member Account option..
I am very happy to become a new member of NorthWinds Credit Union and I will tell others about how wonderful all of you are there. - Yvonne
Savings Rates Effective August 10, 2026
Dividend rates are subject to change by the Board of Directors.
Personal Savings
| Minimum Balance | Dividend Rate | APY* |
|---|---|---|
| $100 | 0.05% | 0.05% |
Personal Checking
| Minimum Balance | Dividend Rate | APY* |
|---|---|---|
| $100 | 0.05% | 0.05% |
| Minimum Balance | Dividend Rate | APY* |
|---|---|---|
| $0 to $2,499.99 | 0.01% | 0.01% |
| Up to $24,999.99 | 0.05% | 0.05% |
| Up to $49,999.99 | 0.10% | 0.10% |
| $50,000 and Over | 0.20% | 0.20% |
| Minimum Balance | Dividend Rate | APY* |
|---|---|---|
| $0 to $2,499.99 | 0.01% | 0.01% |
| Up to $24,999.99 | 0.10% | 0.10% |
| Up to $49,999.99 | 0.20% | 0.20% |
| $50,000 and Over | 0.35% | 0.35% |
Money Market Savings**
| Minimum Balance | Dividend Rate | APY* |
|---|---|---|
| $0 to $2,499.99 | 0.05% | 0.05% |
| Up to $24,999.99 | 1.15% | 1.15% |
| Up to $49,999.99 | 1.39% | 1.40% |
| Up to $99,999.99 | 1.89% | 1.90% |
| $100,000 and Over | 3.16% | 3.20% |
| Minimum Balance | Dividend Rate | APY* |
|---|---|---|
| $0 to $74,999.99 | 1.39% | 1.40% |
| Up to $499,999.99 | 3.46% | 3.50% |
| $500,000 and Over | 3.70% | 3.75% |
| Minimum Balance | Dividend Rate | APY* |
|---|---|---|
| $0 to $74,999.99 | 2.72% | 2.75% |
| Up to $249,999.99 | 3.46% | 3.50% |
| Up to $499,999.99 | 3.55% | 3.60% |
| $500,000 and Over | 3.94% | 4.00% |
Deposits are insured up to $500,000. The first $250,000 is insured by the National Credit Union Administration (NCUA), an agency of the United States Government. The remainder $250,000 of the coverage is provided by Excess Share Insurance.
All rates are subject to change without notice. Dividends begin to accrue on the business day your deposit is posted to your account. Dividends are compounded and credited quarterly. Dividends are computed by the daily balance method. Fees or other conditions may reduce earnings, refer to the Fee Schedule for current fee information.
* APY is Annual Percentage Yield and assumes dividends remain in the account/certificate.
** Money Market accounts will be subject to a below balance minimum fee. Elite accounts require a minimum of $75,000 on deposit and Elite Wealth accounts require a minimum of $250,000 on deposit.
Certificates Accounts**
| Term of Deposit | Dividend Rate | APY* |
|---|---|---|
| 6 Month Special^ | 4.18% | 4.25% |
| 6 Month | 2.48% | 2.50% |
| 7 Month Special^ | 3.46% | 3.50% |
| 7 Month Relationship Special^ | 3.80% | 3.85% |
| 12 Month | 2.72% | 2.75% |
| 13 Month Special^ | 4.18% | 4.25% |
| 24 Month | 3.70% | 3.75% |
| 36 Month | 3.46% | 3.50% |
| 48 Month | 3.21% | 3.25% |
| 60 Month | 3.21% | 3.25% |
Deposits are insured up to $500,000. The first $250,000 is insured by the National Credit Union Administration (NCUA), an agency of the United States Government. The remainder $250,000 of the coverage is provided by Excess Share Insurance.
All rates are subject to change without notice. Dividends begin to accrue on the business day your deposit is posted to your account. Dividends are compounded and credited quarterly. Dividends are computed by the daily balance method. Fees or other conditions may reduce earnings, refer to the Fee Schedule for current fee information.
*APY = Annual Percentage Yield and assumes dividends remain in the account/certificate.
^ Relationship special certificate requires $75,000 on deposit or a checking with direct deposit and a loan with NorthWinds Federal Credit Union.
**Early withdrawal penalty of 90 days’ dividends for terms of 12 months or less, 180 days’ dividends for terms of 13 to 24 months, and 360 days’ dividends for terms of 25 months or greater will be imposed on amounts withdrawn before maturity. All certificates will automatically renew upon maturity for a like term. Grace period is 10 calendar days. Dividends will not be paid during the grace period if the certificate is not renewed.
^ Certificate Account qualifications:
- 7 Month Special Certificate: Must be a NorthWinds FCU member.
- 7 Month Relationship Special Certificate: Maintain $75,000 or more in total deposits with us or maintain a checking account with direct deposit and a loan with NorthWinds FCU.
- 6 Month and 13 Month Special Certificates: New Money only, not on deposit with NorthWinds FCU for the past 90 days. Must be a NorthWinds FCU member.