Savings Accounts

Northern Lights Community FCU offers a variety of convenient savings accounts that are easy to access while you’re on the go.  Watch your savings grow with our competitive rates.

Included with All NLCFCU Savings Accounts:

  • No Maintenance Fees
  • No Minimum Monthly Balance
  • Dividends Compounded Daily and Paid Quarterly
  • ATM/Debit card with access to over 30,000 fee-free ATMs
  • Direct Deposit
  • Account to Account Transfers
  • Online banking
  • Automatic Fund Transfers
  • NCUA insured

Not a Member? 
We proudly serve members in Alger, Delta, and Marquette counties who meet our member requirements. Discover our higher certificate rates, secure banking options, and friendly staff. Apply to be a member today! 

Share Savings Account - all members are required to open this primary savings account to become a member and to take advantage of our other savings accounts. A Share Savings Account is a safe and efficient way to accumulate funds or immediately liquidate savings for emergencies, education, vacation expenses, and more.

Sub-Share Savings - a Sub-Share account is perfect for budgeting and planning for expenses such as family vacations, college tuition, vehicle purchases, annual insurance premiums, and much more. Up to 6 Sub-Share Savings Accounts can be opened under the Share Account to assist with budgeting and planning for special purchases and upcoming events. These accounts are fee-free and can be “nick-named” to keep track of the purpose of the account. Dividends are compounded daily and credited to your account quarterly, with no minimum balance required.

Share Certificates (CD) - lock in our best yields and get the return you want with a Share Certificate, which offers you great rates and flexible savings terms. Share Certificates earn a higher percentage rate over a traditional savings account and offer automatic renewal options. Share Certificates are available in terms from 6 months to 12 months, with a minimum deposit of $500.00. Dividends are compounded daily and paid quarterly. The longer the term, the greater the savings! 

Christmas Club - avoid the financial stress of the holiday by saving a little bit all year long. A Christmas Club account encourages members to deposit funds into the account throughout the year. This account is frozen from withdrawals and all funds will automatically roll over to your Share Account on October 31. There is a small fee imposed if the account is closed before the rollover date, to encourage you to keep the money in the account for the intended purpose. The maximum deposit that can be made is $5,000.00.

Individual Retirement Accounts (IRA) - When you open an individual retirement account (IRA) at NLCFCU, you can manage your savings conveniently from your own financial institution. Browse our offerings to see which one is right for you.

  • A Traditional IRA is a potentially tax-deferred retirement plan, where you won’t pay taxes until you withdraw your funds. Contributions can be made as long as you are below 70 ½ years of age and have earned compensation.
  • When you open a Roth IRA, you’ll pay taxes now and be able to withdraw the funds tax-free. Distributions can be made after 70 ½ years of age without any required minimum as long as you have earned compensation.

Check out our great deposit rates!

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