Savings Accounts
Start saving for your financial goals with a Community First Savings account. Getting started is simple and accessible, helping you begin your savings journey effortlessly.
Community First has great rates and fewer fees. So, when you bank with us, you earn more and save more. It's that simple. Explore our hassle-free savings options to find what's right for you.
Our Share Savings1, account comes with your Community First membership and is a great place to store extra funds you are saving for a rainy day. There is no minimum balance to maintain, and you'll earn interest on all balances over $100.
We want to help you reach your goals like saving for your dream vacation. That's why we've created Special Purpose Savings2 accounts. Get started building up your savings faster for a trip, holiday shopping, emergency funds, or anything else you've been wanting to do.
One of the most important money concepts a child can learn is how to save. With our Youth Advantage Savings3 account, children can earn interest on their entire balance, enjoy no monthly maintenance fees, and it only costs $5 to open.
Certificates of Deposit (CDs)4 are a flexible savings option that can help reach your savings goals. Open an account to take advantage of competitive CD rates and guaranteed returns.
Saving for retirement can seem intimidating or difficult. That's why we offer a wide variety of Individual Retirement Accounts (IRAs)5 to help you build a long term savings plan that is right for you.
Get rewarded for growing your savings balances. Our Money Market6 account features a tiered-rate structure, so you earn a higher interest rate as your balance increases.
Earn more on your savings. Take advantage of competitive interest rates and save more.
Keep your hard-earned cash and save more of it with no monthly maintenance fees.
Your savings are federally insured to at least $250,000.
Our Investment Services Program Manager breaks down how much you should have saved with breakdowns by age, tools to help you do it, and other factors to consider.
FAQs
Community First Credit Union membership is open to anyone who lives, works, or attends school in one of the following Florida counties: Baker, Brevard, Broward, Clay, Duval, Flagler, Indian River, Lake, Martin, Nassau, Orange, Palm Beach, Putnam, Seminole, St. Johns, St. Lucie, or Volusia.
Membership is also open to any relative of an existing or eligible Community First Credit Union of Florida member. We also offer membership to select employer groups, including employees of Brooks Rehabilitation, Miller Electric Company, and Web.com. Not sure if you qualify? Contact us.
You can open a Share Savings account, in a branch, or over the phone when you call 904.204.1711.
To open a Share Savings account, you'll need:
- Your Social Security number
- Valid United States Driver's License, Permanent Resident Card, or United States Passport
- A minimum opening deposit of $5
The $5 in your Share Savings account establishes your membership with Community First Credit Union and represents your ownership or share of the credit union. As a member, you'll have access to all our products and services, including exclusive member-only benefits.
2Special Purpose Savings - New members must open a share account with a minimum $5 initial deposit (share account is required for membership). Minimum deposit balance of $100 to earn interest. APY = Annual Percentage Yield. Minimum balance of $25 required.
3Youth Advantage Savings & CD - New members must open a share account with a minimum $5 initial deposit (share account is required for membership). Rates may change at any time without notice. Fees may reduce earnings on account. Balances above $500 earn current share rate. Products are available to those under the age of 18. My First Account Kits - while supplies last.
4Certificates of Deposit (CDs) - Product offers, rates, terms and other information provided herein are subject to change without notice. Due to the occasional inaccessibility to our website which may be beyond our control, Community First Credit Union cannot guarantee the completeness or accuracy of the information provided herein. The information provided to you on our calculators is estimated and provided solely for your interactive enjoyment. The results are not guaranteed to be accurate. To verify current offers and rates, please call 904.204.1711 or 800.342.8416
5IRAs & 457s - Consult with your tax advisor regarding tax deductibility. A minimum of $5 must be maintained in a Share Savings account to access Community First Credit Union's products and services.
6Money Markets - Product offers, rates, terms and other information provided herein are subject to change without notice. Due to the occasional inaccessibility to our website which may be beyond our control, Community First Credit Union cannot guarantee the completeness or accuracy of the information provided herein. The information provided to you on our calculators is estimated and provided solely for your interactive enjoyment. The results are not guaranteed to be accurate. To verify current offers and rates, please call 904.204.1711 or 800.342.8416