Regular Savings
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.
Plus Savings
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.
Advantage Savings
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