Official Credit Union of UMass Athletics

Official Credit Union of UMass Athletics

All Purpose and Escrow Accounts

Secondary Share Savings Accounts allow you to separate savings for your specific needs (taxes, rent, vacation, etc.). These are interest-bearing accounts with a minimum balance of $100 and are not accessible through ATMs. Dividends are compounded and credited monthly. A fee will be charged once per month if the account balance falls below $100.

 All-Purpose and Escrow Savings Rates

Product Minimum Balance Dividend Rate Annual Percentage Yield
Share Savings $0 - $1,500 0.10% 0.10%
Share Savings $1,501 - $5,000 0.10% 0.10%
Share Savings $5,001 and over 0.10% 0.10%

Rates subject to change at any time. Dividend Rates Effective as of November 2, 2017.

For questions or assistance, contact a friendly UMassFive representative today!