Savings Accounts
We know that saving can be hard, that’s why we want to help you meet your financial goals by finding a savings account that’s right for you. Whether you are saving for a new car or a family vacation, we have a savings account to fit your needs.
Primary Savings Shares
To become a member at 1st Liberty, you must open a Primary Savings Share with a deposit of $25.00. This account entitles you access to all of our products and services, as well as gives you the opportunity to vote for your Volunteer Board of Directors and other important credit union business. Get in the habit of saving with a Primary Savings Share Account.
Key Features:
- Earn dividends monthly
- No monthly service charge
- Can be used for overdraft protection
Sub Savings Shares
Whether you are saving for a special item or need some “just in case” money, a Sub Savings Share makes it easier to stay on track. At 1st Liberty, you can have as many savings accounts as you need all under one account number.
Key Features:
- Earn dividends monthly
- No monthly service charge
- Can be used as overdraft protection
- No minimum deposit
Youth Savings Shares
It is never too early to get young ones into the habit of saving. This account is perfect for members under the age of 18.
Key Features:
- Low $5.00 minimum balance
- Earn dividends monthly
- No monthly service charge
Money Market Account:
Earn higher dividend rates with an account that is flexible to your lifestyle. With a Money Market Account, you can access your funds anytime without incurring a penalty. It's a great way to save and earn more without tying up your money for a set term.
Key Features:
- Higher dividends with an average daily balance of $2,500.00 or more. (Paid Monthly)
- No monthly service fee
- Take up to 3 withdrawals per month
Medical Savings Shares
Have peace of mind with a Medical Savings Account. This account is a self-administered savings account that may allow Montana resident taxpayers a reduction in their Montana adjusted gross income. This share is for individuals only (no joint owners) and can be used for qualifying medical expenses to reduce Montana state taxable income. Be sure to ask your tax professional for more information about Medical Savings Shares.
Key Features:
- Maximum annual contribution limit
- No minimum balance requirement
- No monthly service charge
- Dividends paid monthly
Club Shares
At 1st Liberty, we offer two different Club Shares, Vacation and Christmas. The funds that are in the account cannot be used or deposited until the maturity date or the share is closed. These accounts allow you to save for special occasions and earn higher dividends, this way you’ll be prepared when they roll around.
Key Features:
- Vacation Club – matures June 1st of each year
- Christmas Club – matures October 1st of each year
- Maximum share balance is $5,000.00 per year
- No minimum balance requirements
- Dividends paid monthly
Share Certificates
If you are looking for a flexible account with a higher Annual Percentage Yield, then a Share Certificate may be right for you. It is an easy and convenient way to invest money for your future with terms as little as 6 months or as long as 5 years.
Key Features:
- Minimum balance as low as $250
- Earns Dividends Monthly
- No monthly service charge
- Rate locked for the term of the share certificate
