Savings

As a member/owner you get a great interest rate for minimal investment with a Savings Account from SouthPoint. All you need to do is open a membership share savings account to start saving for that special purchase, to build an emergency fund, or to make someone's dreams come true. Click Here for personal banking FAQs.

Dividends are calculated by applying a rate to the balance in the account each day and statements are sent quarterly if no other accounts or direct deposits exist. Otherwise, the accounts all offer options to fit your individual needs. Check out the account details below and start saving and earning today!

Looking for a higher return for your dollar? A Certificate of Deposit or Money Market Savings may fit your financial needs. Check out our current rates.

And don't forget to check out our Health Savings Account (HSA).

All of our deposit accounts are protected up to $250,000 by the National Credit Union Association (NCUA).

SHARE SAVINGS

SECONDARY SHARE
SAVINGS

HOLIDAY CLUB
SAVINGS

EzSTART
SAVINGS

DOLLAR DOG
SAVINGS

What It Is

An insured dividend
paying account that
establishes your
membership

An insured dividend
paying account

A special savings to
accumulate money
for holiday spending

A high yield savings
for members 24
or younger

A fun savings account
for our your members.
Find fun games and
learning opportunites
on the Dollar Dog
website.

What It Does

Allows members to
earn dividends while
giving them easy access
to funds

Allows members to
earn dividends in a
separate savings
account while giving
them easy access to
funds

Allows the member
to save for additional
expenses incurred
during the holiday
season and earn a
higher rate than a
regular savings

Allows the member
to earn a higher
APY during a
limited time on
a certain amount
being deposited

Allows kids to learn
how to save money at
an early age and get
cool prizes, too

Who Is
Eligible

Anyone who lives,
works, worships, or
owns a legal entity in
Brown, Redwood, or
Renville counties

Anyone who has a
membership with us

Anyone age 24
and younger who
has in individual
membership with
us

Anyone age 0-11 who
lives, works, worships,
or owns a legal entity in
Brown, Redwood, or
Renville counties

Opening
Deposit

$10.00

Minimum
Balance

$10.00

Minimum
Balance
to Earn
Interest
(APY)

$10.00

$0.01

$10.00

Monthly
Service Fee

Dividends
Paid

YES -
Quarterly

YES -
Monthly

YES -
Quarterly

VISA ®
Debit Card

Limit on
Withdrawals/
Transfers

YES
Max of 6 Call24,
preauthorized, or
automatic transfers
per month from
account

YES
No withdrawals are
allowed

YES
Max of 6 Call24,
preauthorized, or
automatic transfers
per month from
account

Withdrawal
Fee

$2.00 charge ONLY if
funds are w/d in a Credit
Union Check below
$3,000

Loss of any accrued
interest if w/d after
7 days of opening

$2.00 charge ONLY if
funds are w/d in a Credit
Union Check below
$3,000

$2.00 charge ONLY if
funds are w/d in a Credit
Union Check below $3,000

How Often
Can APY
Change

Quarterly

Monthly

Quarterly

Dormant Fee
Amount
Criteria
(all must apply)

YES
$15.00
-Balance is below $100
-Over 18
(no fee if under 18)
-Inactive for 1 year or
more
-No other active account
relationship

Latest Blog Entry

Apply Online