OMSEFCU's Regular Savings account is a traditional Savings account designed for members who are looking for a simple way to save. It offers a low minimum deposit and convenient access to funds. Find out what our savings rates are today.
A Regular Savings Account is also the credit union’s "membership account." When you open a Regular Savings account, you become a member/owner of the Ontario Montclair School Employees Federal Credit Union and have access to all credit union products and services.
A Regular Savings Account is required for all credit union members. The minimum opening deposit for this account is $5.
The Plus Savings Account offers a higher dividend rate than the Regular Savings Account. The minimum initial deposit and minimum balance required is $10,000. There is no early withdrawal penalty.
The Advantage Savings Account offers the highest dividend rate of the three savings accounts offered. The minimum initial deposit and minimum balance required is $25,000. There is no penalty for early withdrawal.
Holiday Savings Account
OMSEFCU's Holiday Account is an automatic, year-round savings plan designed for members who want to save for the holidays. Enrollment is open throughout the year. With the convenience of automatic payroll deduction deposits or pre-authorized transfers from an OMSEFCU checking or savings account, the Holiday Account may be just the answer to those oh-so-expensive holiday bills!
- Minimum $5 to open and maintain the account
- Dividends credited monthly
- Deposit any amount at any time
- Funds disbursed first business day in November
- No fee charged for early withdrawal of funds