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Build your Own Savings

Save money for special purchases

Open a separate savings account for special purchases that won't use funds from your regular or emergency accounts.

Overview

Don't be tempted to dip into your regular or emergency savings for fun purchases. Open a Build Your Own Savings account, and have a separate place to save toward special financial goals.

Highlights

Save for anything

No matter your need or want, use a Build Your Own Savings account to save up for special purchases without taking from your regular or emergency savings.

$5 minimum balance to open

Saving toward your goals doesn't have to cost a fortune. You can open a Build Your Own Savings account with just $5.

No monthly service charge

A savings account is supposed to help you save, not cost you more. We never add monthly service charges, so you can save more money toward your goals.

Earn dividends on your savings

Let your money earn you more money. Start earning dividends with as little as $100 in your account.

And more...

Good to know

Must have a regular savings account

To open a Build Your Own Savings account, Members must already have a regular savings account with RCU.

Open a regular savings account

Must maintain $100 account balance to receive dividends

Dividends are only paid on Build Your Own Savings accounts with balances $100 and over.

Estimate your savings

Final Balance

Contributions:     |    Earnings: 
Initial Deposit
$
Rate
%
$
Years

How to open an account

Opening an account is easy and we're here to help if you need it.

  • 1

    Apply online

    It takes just minutes. If you aren’t already a Member, have your Social Security number and driver’s license or ID card handy.

  • 2

    Deposit money

    Move money into your new account so you can start using it.

  • 3

    Manage your money online

    Easily manage your money with online and mobile banking.

Open an Account

Build Your Own Savings

Save for purchases without drawing from your regular or emergency savings

Open a separate savings account, so you can save for special purchases even faster without impacting your rainy day fund.

Your hard-earned money is safe

  • stability-rating-1123

    Received Bauer Financial's 5-star Superior rating for strength based on financial data as of June 30, 2023.

  • #1-healthiest-cu

    Rated #1 healthiest credit union in California according to Glatt Consulting’s 2023 Credit Union Industry HealthScore

Why Choose RCU?

At RCU, we’re passionate about helping our Members improve their lives. If you want a credit union that keeps your unique needs in mind and helps you envision and manage your financial future, the friendly experts at RCU are here for you.

Named one of America's Best Credit Unions by Newsweek

Named one of America’s Best Credit Unions by Newsweek

Recognized by Forbes as one of America's Best Small Employers 2023

Recognized by Forbes as one of America’s Best Small Employers 2023

I have been banking with Redwood Credit Union for 26 years. I have always been happy with RCU and would never think of changing banks.

— Carol D.

Have a question?

At RCU, we're known for our reliable service, and we'll answer your questions and calls quickly.

Save money for special purchases

Launch your savings plan with a separate savings account so that you can save for special purchases without committing to funds from the rest of your monthly budget.

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