Savings

Companion Account

A basic savings account that earns an amazing 2.018% APY*!

This incredible rate is available on the entire account balance when partnered with a Certificate, and you’ll have complete access to your funds.

How It Works

  • Step 1 Open a high-rate Stanford FCU Certificate with as little as $1,000 (or use an existing Certificate)
  • Step 2 Transfer new money from another financial institution into your savings or checking account
  • Step 3 Call, visit or send a secure Message through Online or Mobile Banking asking us to open and fund your Companion Account with the new money

What’s the catch?

  • Your maximum balance in the Companion Account can’t exceed your Certificate balance. But if you have multiple Certificates, you can open an unlimited number of Companion Accounts—all earning 2.018% APY (e.g., open a $10,000 Certificate, and open a Companion Account up to $10,000).
  • The funds in the Companion Account must be new money from another financial institution (not Stanford FCU).
  • If you close the Certificate, the Companion Account that’s attached to it will roll into a regular Savings Account earning a lower rate.

 

Features

Savings Education

savingsA good savings plan is key to a secure financial future. Get started with these online learning modules and tools.

Explore

  • Competitive rates
  • Certificate minimum deposit as low as $1,000
  • Tiered-Rate Certificates are available for terms from 3 months to 5 years
  • All balances earn our best rate for the term selected

Rates

Account Description Dividend Rate Annual Percentage Yield (APY)
Companion Account 2.000% 2.018%

See Rates

Fees

No Hidden Fees

We don’t believe you should have to pay extra just to use basic banking services. We have a savings account that fits your lifestyle without any hidden fees, allowing you to do more and bank less.

Early withdrawal penalty for CDs with terms less than one year. Equal to ninety (90) days of dividends.
Early withdrawal penalty for CDs with terms four year or more. Equal to three hundred sixty five (365) days of dividends.
Early withdrawal penalty for CDs with terms one year or more. Equal to one hundred eighty (180) days of dividends.

See Fee Schedule

Membership Rewards

As a true not-for-profit financial cooperative, the more our member-owners use the services of their credit union, the stronger we become—and the more low cost services we can provide. That’s the basis of our Membership Rewards program—the more services you use, the more benefits you’ll receive! Whether you are a borrower, saver or both, you will receive extra benefits when you take advantage of the many great products and services at Stanford FCU. Move all of your financial services to Stanford FCU and easily reach the highest level of Membership Rewards. It’s easy to switch and we can help!

You’ll enjoy exclusive benefits like bonus deposit yields and loan rate discounts, unlimited surcharge-FREE ATMs worldwide and more based on your Membership Rewards level—so why stand for anything less? Make the most out of your banking experience with Membership Rewards.

Partner Ambassador
FREE Access to ATMs Worldwide Surcharge reimbursements for ATMS outside our ATM networks* Yes, 3 per month Yes, unlimited*
FREE access 30,000 CO-OP ATMs and 6,000 CO-OP Shared Branches Yes Yes
Certificate Bonus Rate Yes Yes
Money Market Account Bonus Rate No Yes
Premier Checking Bonus Rate No Yes
Discount on Auto Loan Rate 0.50% APR Discount 1.00% APR Discount
Stanford FCU Mortgage Fees Waived** No Yes
Fee Refunds:
Below Minimum Balance Fees 50% 100%
Stop Payment Fee 50% 100%
Outgoing Wire Fees 50% 100%
Select Service Charges 50% 100%

Learn more about
Membership Rewards

* Maximum ATM surcharge reimbursement is $5 per ATM transaction. ** Third-party fees still apply.

Open Account

To open an account, follow these steps:

  • Step 1 Open a high-rate Stanford FCU Certificate with as little as $1,000 (or use an existing Certificate)
  • Step 2 Transfer new money from another financial institution into your savings or checking account
  • Step 3 Call, visit or send a secure Message through Online or Mobile Banking asking us to open and fund your Companion Account with the new money

Disclosures

*APY = Annual Percentage Yield. The Companion Account must be funded with new money from another financial institution, and the balance cannot exceed the companion Certificate balance. The Certificate minimum balance requirement is $1,000. Stanford FCU dividends are compounded and paid monthly. Once a Certificate is opened, the rate remains fixed through maturity. Early withdrawal penalties apply and may reduce earnings. Membership eligibility requirement will apply.
Additional requirements may apply to receive the quoted APYs. The rates presented here are accurate as of November 5, 2018 and are subject to change without notice. Current rates may be obtained by calling us at 888.723.7328 or visiting sfcu.org.
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