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Savings Accounts In Novi, Michigan

Watch Your CVF Savings Account Balances Grow Each Month

Choosing the right savings account can make a big difference in how quickly you reach your financial goals. Maybe you’re saving up for a vacation, a down payment on a home in Novi, or even retirement! With CVF Credit Union, you can choose from a variety of savings accounts to maximize your impact with low fees and competitive interest rates.

Savings Account Benefits

Every CVF Credit Union savings account is federally insured up to the maximum amount by the National Credit Union Administration. On top of that, every member gets the service and expertise of our local team.

It’s easy to get started and open a savings account in Novi. You just need to join CVF with a $5 minimum deposit in your savings account. From there, you can explore other savings options as well.

Types of Savings Accounts in Novi

CVF Credit Union offers a wide range of savings accounts for every type of goal:

  • Basic Savings Account: This requires just a $5 opening deposit and gives easy access to your savings as your primary account.
  • Money Market Account: Open with any balance but start earning interest with a balance of $2,500 or higher. You can withdraw funds from the branch or write up to three checks each month directly from your account.
  • CDs: Plan for longer-term goals like college, retirement, or something fun! It takes a minimum of just $500 to open an account and you’ll lock in a rate for the length of the CD term.
  • IRAS: Save for your retirement in Novi and choose from a traditional, Roth, or ESA IRA.
  • Club Account: These special accounts help you save easily for Christmas and vacations.

Choose your savings account today. Complete the simple contact form or give us a call at (734) 432-0212.

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    Savings Calculator

    The calculators on this website are being provided for educational purposes only. The results are estimates based on information you provide and may not reflect actual results. The results of the calculations are not a promise or guarantee of a member’s eligibility or terms for a specific product or service. CVF Credit Union is not responsible for the content, results, or accuracy of the information on the calculators. The calculations are hypothetical examples designed to illustrate the impact compounding can have. The examples are not representative of any investment class or specific security.