Savings Account

saving is easy when you're a member at FAFCU

Forest Area Federal Credit Union (FAFCU) offers a variety of convenient savings accounts that are easy to access while you’re on the go. Our Debit Mastercard makes everyday transactions timeless and gives you access to more than 30,000 surcharge-free ATM’s around the nation. Plus, watch your savings grow with our competitive rates.

All saving accounts require $10 minimum balance. This will establish membership and allow members the right to vote at the annual meeting.

No Service Fees

Debit Mastercard with access to over 30,000 fee-free ATM’s (2)
Access to more than 250 shared branch locations across the nation

Free mobile app with remote deposit capture (3)

Free online banking with bill pay and LoanPax Xpress

SHARE SAVINGS  This is the base account provided to all members.

• $10 minimum balance required to open 

• Dividends paid quarterly

MONEY MARKET This is a dividend-paying account for a higher return on your savings deposits.

• No monthly or annual fees

• Dividends are calculated daily and paid monthly

• Limited check-writing, balance transfer, and debit/withdrawal options

• No debit card

• See Rate schedule for tiered rates and balance requirements

SUB-SHARE  Perfect for budgeting, open up to 15 subsidiary accounts under the main share savings account.

• No minimum deposit requirements

• No minimum balance

• Dividends paid quarterly

CHRISTMAS CLUB Avoid the financial stress of the holiday by saving a little bit all year long.

• Maximum balance of $5,000

• No minimum balance

• Will automatically roll over to your Share Account on October 31

SHARE CERTIFICATES Lock in our best yields and get the return you want with a Share Certificate.

• Minimum deposit required of $500

• Terms from 3-60 months

• Dividends paid monthly


Learning to save at a young age is the key to success as an adult. That’s why we provide youth accounts children from the day they are born until they are 20 years old!

Learn More about our Youth Accounts

• Pond Jumpers: 0-7 years 

• Tree Climbers: 8-12 years

• Juniors: 13-17 years


Members will receive complimentary: money orders, copying or faxing services, and 1 box of regular checks each year.

• 60 years and up

Not a Member? We proudly serve members in Grand Traverse, Kalkaska, Antrim, Crawford, Missaukee, and Wexford counties who meet our membership requirements. Discover our higher certificate rates, secure banking options, and friendly staff. Apply to be a member today! 

1. Standard messaging rates apply.

2. Debit transactions are free when card issued at a CO-OP Network ATM or processed at retail outlets as a credit card. FAFCU will charge a $2 fee to use all other non-CO-OP Network ATMs, and you may be charged a fee by the ATM owner. Applications for ATM/Debit cards are subject to approval.

3. Standard data rates apply. 

*Rates disclosed are Annual Percentage Yield (APY). Rates effective April 1, 2019. All rates are subject to change without notice. Forest Area Federal Credit Union membership required. Penalties will apply for early withdrawals. $500 minimum deposit required.