Savings

You’ve heard it a million times: You need to start saving money.

And, well, it’s true. For so many reasons: an emergency fund, financial goals, retirement and a bunch more. But saving money is just plain hard. Even eeking out a few dollars each week can be a stretch. But at Alabama ONE, our goal is to help you achieve financial wellness, and that means helping you save money.

So, we give you options. Choices. Possibilities. Multiple ways to help you start saving and stick to it. Ways to help you earn more on your savings and work toward your goals. Because saving money is the foundation of your financial life, and we want to help you build a rock-solid one.

 

Membership Savings Account

Savings accounts don’t get much more basic than this. But, just because it’s basic doesn’t mean it’s not important, and that’s why every Alabama ONE member has a membership savings account. That’s how serious we are about helping you save.

  • $5 minimum opening deposit
  • Pays dividends
  • No minimum balance requirement
  • No monthly fee
  • Home Branch (Online Banking) - new Home Branch coming with MERGE WEEK!
  • e-ONE Mobile App - new app coming with MERGE WEEK!
  • e-Statements

Apply Now!

 

Money Market Account

The magical thing about having savings is not only does it give you some breathing room financially, but you can also use your savings to earn more money. And a Money Market account is where that happens. You earn a higher rate than with a basic savings account, but you still — and this is key — have easy access to your funds when you need them.

  • $1,000 minimum opening deposit
  • Earns competitive money market interest return
  • Home Branch (Online Banking) - new Home Branch coming with MERGE WEEK!
  • e-ONE Mobile App - new app coming with MERGE WEEK!
  • e-Statements

Apply Now!

 

Saver's Club

A Saver’s Club account is an easy way to save. This account is a separate savings account that allows you to save for your special expenses by making deposits by payroll deduction, in person at any teller window or by automatic transfer. The balance of your account will be transferred to your Prime Share or any designated account at the time you specify each year; just in time for a major project you have been wanting to work, remodel, or just have as a savings goal for yourself.

  • $5 minimum opening deposit
  • No monthly account fees
  • Pays dividends
  • Home Branch (Online Banking) - new Home Branch coming with MERGE WEEK!
  • e-ONE Mobile App - new app coming with MERGE WEEK!
  • e-Statements

Apply Now!

 

Christmas Club

Yes, Christmas Club accounts are still a thing. Why? Because they work. Even if you’re just able to put $10 or $20 a month into your account, you’ll have a nice little bonus you can use at the end of the year to help make the season bright.


And we make it super easy to get money in your account each month: We can deduct a set amount from your payroll direct deposit each pay period, you can make deposits in person or you can transfer funds from your checking account with the mobile app or online banking.

  • $5 minimum opening deposit
  • No monthly account fees
  • Pays dividends
  • Funds distributed in early November
  • Home Branch - new Home Branch coming with MERGE WEEK!
  • e-ONE Mobile App - new app coming with MERGE WEEK!
  • e-Statements

Apply Now!

 

The Berenstain Bear Cub Account for Kids

Understanding money at a young age can help build good money habits and hopefully pave the way for smart money management in the future. That’s the whole idea behind our Berenstain Bear Cub account. It’s a great way for kids 12 and under to learn about money and saving through hands-on, engaging activities.

  • $5 minimum opening deposit
  • No account fees
  • No minimum balance requirements
  • View balances online

 

Special Savings Account

In addition to paying the monthly bills and setting aside some cash for emergencies, you probably have some personal financial goals in mind. Maybe you want to travel, have the wedding of your dreams or save for a down payment on a house. Whatever it is you want to do, having a dedicated special savings account is a great way to sock money away as you work toward your goal.

  • $5 minimum opening deposit
  • No minimum blanace requirement
  • Pays dividends
  • Home Branch (Online Banking) - new Home Branch coming with MERGE WEEK!
  • e-ONE Mobile App - new app coming with MERGE WEEK!
  • e-Statements

 

Deposit Insurance

As an Alabama ONE member, you can rest assured that your deposits are safe and sound, as each account is insured for up to $250,000 through the National Credit Union Administration (NCUA). It’s the deposit insurance you want, so you can have the peace of mind you need.