Educational resources

We’ve partnered with BalanceTrack to provide our members with a variety of educational resources. Plus, you can earn $50.

Start saving for your child’s future today.

Open a Coverdell Education Savings Account.

The Coverdell Education Savings Account is a great way to start building college education savings for your children or grandchildren under the age of 18.

You can contribute up to $2,000 per tax year per child until the child turns 18 (some exceptions apply). Contributions are not tax-deductible, but earnings accumulate tax-free.

Funds used for higher education expenses are tax-free when withdrawn if the recipient is under 30.

Rates

Term Certificate Rates¹ as of May 1, 2024.

Youth Roth IRA and Youth ESA Term IRA Certificate

Account Type & Term

Rate Type

Minimum Opening Balance

Minimum Earning Balance

Stated Dividend Rate

Annual Percentage Yield

*Annual Percentage Yield (APY) is accurate as of 05/01/2024. APY assumes interest remains on deposit until maturity, any withdrawal will reduce earnings. The 11-Month Certificate (Share Only) requires a $500 minimum deposit. Certificates must be partially funded by new money (50% or more). Excludes IRA and ESA certificates. An Early Withdrawal Penalty will apply for withdrawal before the maturity date. Certificate accounts are subject to membership eligibility, terms, and fees. Certificate account will automatically renew at maturity to the 12-month certificate fixed rate in effect at that time unless you withdraw all the funds in the account at maturity or within a grace period of 6 days after maturity. Santa Clara County Federal Credit Union reserves the right to cancel or modify this offer at any time without prior notice. This is a limited time offer.

1The dividend rate and annual percentage yield stated for the term accounts listed are offered within the most recent seven calendar days and were accurate as of the above date. An Early Withdrawal Penalty will apply for withdrawal before the maturity date. Certificate Accounts are subject to approval, terms, and fees. Your savings federally insured to at least $250,000 by the National Credit Union Share Insurance Fund, administered by the NCUA and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government Agency.

Dividend Rate Schedule

Fee Schedule

Truth In Savings Disclosure

Account Type & Term

12 Month Roth Term IRA Certificate

Rate Type

Fixed

Minimum Opening Balance

$500

Minimum Earning Balance

$500

Stated Dividend Rate

4.50%

Annual Percentage Yield

4.58%

Account Type & Term

12 Month Coverdell (ESA) IRA Certificate

Rate Type

Fixed

Minimum Opening Balance

$500

Minimum Earning Balance

$500

Stated Dividend Rate

4.50%

Annual Percentage Yield

4.58%

Open a youth account.

Open an account online
Start your online application
Open an account in person
Find a nearby branch
Email or call us
Contact us

Knowledge is powerful.

Understanding how to manage your money shouldn’t be complicated. Here’s a variety of topics designed to build your knowledge so you can make the best financial decisions possible.

6 Ways to Tell if a Website is Safe
Financial Advice

6 Ways to Tell if a Website is Safe

In today’s world, where many people spend hours of each day browsing the internet, staying safe online is paramount. The web is rife with scammers employing sophisticated tactics to get at your money and information. Fortunately, with protective measures, you can easily avoid unsafe websites.

Disclosures

*You must be 16 years or older to open a checking account with Mirastar.