Personal Savings

At IMCU, Your Goals Matter.

IMCU offers a variety of savings solutions to fit your needs and set you on the path to success.

Membership
Savings1
This account offers a way to keep your savings separate from your daily spending funds, whether your goal is to save for a vacation, a rainy day or for emergencies, this simple account will allow you access when you need it.
¹All accounts require a membership savings account
² Dividends are compounded monthly and credited on the last day of every month.
³ Standard text messaging rates may apply
Money
Market1
This account is designed for those that tend to carry a higher balance in their savings account, and provides a better rate of return. It’s intended for long-term savings.
  • $2,500 initial deposit & minimum balance
  • No Monthly fee
  • Dividends earned²

¹All accounts require a membership savings account.
² Dividends are compounded monthly and credited on the last day of every month.
³ Standard text messaging rates may apply.
HSA1
This account is specifically designed for those with a Consumer Driven Health Plan, interested in saving for health care expenses. Contributions made to HSAs are tax deductible, earnings are tax-deferred, and may be tax-free if used to pay for qualified health care expenses²
  • $0 initial deposit & minimum balance
  • No Monthly fee
  • Dividends earned³ 
  • Free Health Savings Debit Card
  •  Free online banking
  • Online Check Imaging Available
  • Email & text alerts
  • Free access to all IMCU , Alliance One, and All Point ATMs Nationwide 
  • Free eStatements - Paper statement fee may apply. 
  • Option for investing reserve funds in an HSA Certificate5
¹ All accounts require a membership savings account.
² IMCU is not licensed to provide tax advice). There is no “use it or lose it” provision, so you have the ability to carry over the funds not used throughout the year.
³ Dividends are compounded monthly and credited on the last day of every month.
4 Standard text messaging rates may apply
5 Funds may not be used to cover any overdrafts on an HSA checking account while invested in a certificate. Certain restrictions apply.

For Employers: The Indiana Members Credit Union HSA has no minimum balance or initial deposit, and no monthly fee, offers a free IMCU Health Savings Debit Card and free Online Banking, too. Not to mention, IMCU currently has one of the best rates in town. In addition, IMCU representatives will come on site to answer questions employees may have and take care of opening their accounts, on the spot, saving time and resources. Alternatively, your employees can open their HSA at any IMCU branch.


If you’d like to know more about making this affordable option available to your employees, call Gina Terril, Business Development Manager, at 317.554.8163 or ginat@imcu.com. 
  • No application or setup fees to open the account
  • No monthly or annual maintenance fees
  • Competitive rate of return
  •  Free eStatements - Paper statement fee may apply. 
  •  Funds can be withdrawn at the branch, ATM, or by using your HSA debit card
  •  Account activity can be reviewed online
Christmas
Club1
 This account offers a separate savings option for those that like to keep funds for certain savings goals.
  • $5 initial deposit & no minimum balance
  • No Monthly fee
  • Dividends earned²
¹ All accounts require a membership savings account
² Dividends are compounded monthly and credited on the last day of every month.
³ Standard text messaging rates may apply.
Minor
Account1
 Designed for those under age 18, this account can be set up with as little as $5 when direct deposit is set up to transfer into the account.
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High Yield
Money Market1
Give your savings a boost with a High Yield Money Market1 savings account!
This offer is available for New Funds only.
  • 4.50% APY1 7 - Month Intro Rate
  • No Monthly fee
  • Dividends earned² 
  • Grow your money with a premium rate
  • Flexibility to access your funds

1Membership savings account required. Dividends are compounded monthly and credited on the last day of every month. $50 minimum deposit and opening balance required. Promotional rate is paid only if balance is $15,000 or more. If balance is less than $15,000, the rate paid will be equal to the savings rate. New funds only, transfer restrictions apply. Available only on consumer accounts.
2APY = Annual Percentage Yield. APY is accurate as of 4.15.2024. If the balance falls below $15,000, the rate paid will be equal to the savings rate, 0.30%APY, as of 4.15.2024. Fees may reduce earnings. After the 7 month promo period (effective 7 months after High Yield Money Market opening date), the account will convert to a money market account and be subject to balance, rate and terms associated with the money market account. Offer may be discontinued at any time.

³ Standard text messaging rates may apply.

Compare Accounts

Which IMCU savings account is the best option for you?

MEMBERSHIP SAVINGS ACCOUNT

MONEY MARKET ACCOUNT

HEALTH SAVINGS ACCOUNT

CHRISTMAS CLUB SAVINGS ACCOUNT

MINOR SAVINGS ACCOUNT

High Yield Money Market
Minimum Balance
$5
$2,500
$0
$5
 $5 $15,000
Pays interest
Yes checkmark
Yes checkmark
Yes checkmark
Yes checkmark
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Purpose


For those with a consumer driven health plan

For those under 18 years
Convenient Debit Card

Yes checkmark
Yes checkmark



Yes checkmark
Free Internet/Mobile Banking Yes checkmark
 Yes checkmark
 Yes checkmark

Yes checkmark

Yes checkmark

Yes checkmark
Free eStatements Yes checkmark
 Yes checkmark
 Yes checkmark
 Yes checkmark
 Yes checkmark
 Yes checkmark
Maintenance Fee
Yes checkmark
If account falls
below $2,500



Current Rates

SAVINGS ACCOUNTS


ACCOUNT TIER DIVIDEND RATE APY
Membership Savings Account² N/A 0.30% 0.30%
Money Market Account³ $2,500-$19,999 1.50% 1.51%

$20,000-$49,999 1.75% 1.76%

$50,000-$99,999 2.10% 2.12%

$100,000-$249,999 2.50% 2.53%

$250,000+ 2.70% 2.73%
Health Savings Account4 N/A 1.50% 1.51%
Christmas Club Account4 N/A 0.30% 0.30%
Minor Savings Account5 N/A 0.30%
0.30%
¹Dividend rate is variable and may change after account is opened. Rate is accurate as of 7.1.2024. $1,000 minimum balance required to earn dividends.
Fees may reduce earnings. All terms above subject to change without notice.
²Dividend rate is variable and may change after account is opened. Rate is accurate as of 7.1.2024. Fees may reduce earnings.
³Dividend rate is variable and may change after account is opened. Rate is accurate as of 7.1.2024. $2,500 minimum balance required to earn dividends. Fees may reduce earnings.
4Dividend rate is variable and may change after account is opened. Rate is accurate as of 7.1.2024. Fees may reduce earnings.
 5Dividend rate is variable and may change after account is opened. Rate is accurate as of 7.1.2024. Fees may reduce earnings.


¹ All accounts require a membership savings account.
² Dividends are compounded monthly and credited on the last day of every month.
³Approval Required.
*Standard text messaging rates may apply.