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 Westland. 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 Westland
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 Westland 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.