Less wish list. More let's do this.
Big savings goals are great. So are the ones that fit your life right now.
A First5 Savings Account helps you earn more on your first $500, making it easier to save for the things that matter to you.
Saving doesn’t always have to be for something big. Think less luxury yacht, more paddleboard. Less "maybe someday," more "I've got enough saved."
First5 features.
Get a great rate on your first $500.
Open online for free with no minimum balance requirement.
Add money from any account, at any time.
No monthly fees.
Why save with STCU.
Help when you need it.
Visit one of our 50+ branches or ATMs, or call, email, or chat with us.
Easy digital access.
Manage your account anytime, anywhere with our mobile app and online banking.
Save as you go.
Set up automatic transfers from a checking account to supercharge your savings.
Federally insured.
Your deposits are federally insured up to $250,000.
Most savings goals aren't flashy.
They're practical.
Maybe that's the start of an emergency fund, holiday shopping, new tires, back-to-school expenses, or even just having a little money set aside for life's surprises.
👍 Pro-tip: A First5 is a great option for many savings goals, but it isn't the only one. Read our blog to learn which STCU savings account is the best fit for you.
Frequently asked questions.
Can I save more than $500?
Absolutely. You can save as much as you'd like in a First5 Savings Account. The first $500 earns the premium dividend rate and balances above $500 earn dividends at a separate, lesser rate.
How much can I earn?
Your earnings depend on the current dividend rate, your account balance, and how long your money stays in the account. For example, a $500 balance kept in a First5 Savings Account for one year would earn about $25 in dividends at the current 5.10% APY.*
Will the rate ever change?
It can. It has a variable dividend rate, which means it can change over time. The account is designed to offer a strong rate on your first $500, but rates aren’t guaranteed and may be adjusted.
Can I only have one First5?
Because a First5 comes with a premium rate on your first $500, each member can have one account. That way, everyone gets the same opportunity to take advantage of the benefit.
Can I open an account for my child?
Yes. A First5 can be a great way to help children and teens learn healthy saving habits while earning a competitive rate on their first $500.
Disclosures
*APY = annual percentage yield. APY is accurate as of the last dividend declaration date. No minimum balance required to earn the APY and no penalty for withdrawals. Balances above $500 earn 0.25% APY. Rate is subject to change and may change after the account is opened. STCU membership is required to open account and fees may reduce earnings. One First5 Savings Account per person.