High Yield Savings

Take the first steps toward improving your financial well-being through CoVantage Credit Union with a CoVantageGO savings account.

The CoVantageGO Digital Account puts you in control.

When you open a CoVantageGO Digital Account, you can enjoy access to not just savings, but our full array of products and services through our digital channels. When you receive paperless statements and use your debit card, you'll earn more money on your savings - currently  0.35 % APY !

Your CoVantageGO high yield savings account also comes with a checking account with debit card, and paperless statements.* Plus:

  • No monthly fees and no minimum balance to maintain
  • 24/7 account management through MyCoVantage Online Banking and MyCoVantage Mobile Banking, including bill pay and remote deposit
  • Easy withdrawals from your checking account by ATM/Debit Card
  • Enjoy a paperless experience with e-Statements, tax forms, and loan documents
  • As part of a cooperative, have the opportunity to receive a bonus**

 

Savings & Checking Rates

Annual Percentage Yields (APY) effective 12/01/2021 and subject to change. APY (Annual Percentage Yield) refers to the interest paid on a dividend account over a year’s time. Unlike Rate, APY reflects interest paid on interest. This is why APY is higher than Rate.

Type Rate APY Minimum Deposit
Savings 0.250% 0.25% $10.00 Minimum. Dividend computed on daily balance and credited to account monthly.
Misc. Savings 0.250% 0.25% $10.00 Minimum. Dividend computed on daily balance and credited to account monthly.
Christmas Club 0.250% 0.25% $10.00 Minimum. Dividend computed on daily balance and credited to account monthly. Account balance is paid out 10/31.
Checking 0.100% 0.10% Dividend credited to account monthly. Account must maintain a minimum daily balance of $500.00 to earn a dividend.
IRA Account 0.499% 0.50% $10.00 Minimum. Dividend computed on daily balance and credited to account monthly.
GO Savings 0.349% 0.35% $10.00 Minimum. Dividend computed on daily balance and credited to account monthly. Must enroll in e-Statements and have a debit card.
Funeral Account 0.499% 0.50% $10.00 Minimum. Dividend computed on daily balance and credited to account monthly.

Next Steps