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Savings Accounts

Earn and save with our Basic Savings Account! This account establishes your membership with Carter Credit Union. 

  • Minimum Opening Balance $5
  • Earn Dividends on any Balance
  • No Monthly Service Fees
  • 2 Free Withdrawals per Month1

1 $10 charge for each additional withdrawal

Open in conjunction with your Rewards Checking or Cash Back Checking. Earn higher than average earnings with this account while building your savings nest for the future. 

  • Free Account
  • Earns high yield dividend rewards
  • No minimum balance required
  • No monthly service fee
  • Maintain Rewards Checking or Cash Back Checking*

*Rewards savings available only if a Rewards or Cash Back checking is maintained.  

Carter's Money Max account is designed for those who desire higher deposit balances, but prefer not to tie up funds in certificates, or risk the principle investment in stocks. If saving is your goal, this is the perfect account for you!

  • Allows up to six transactions during the month1
  • Minimum monthly balance of $2,500 or greater to avoid service fee2

1 Three transactions can be by check or draft

2 If the number of transactions is exceeded or the minimum monthly balance is not maintained an $8 service charge will be assessed.

Carter's Christmas Club account is a great way to put a little cash back each month and be prepared for holiday shopping.  Why not lessen that financial pressure by putting a little cash away ahead of time? This account is specifically designed for Christmas savings with payroll deduction as a perfect option.

  • $1 minimum opening balance
  • No monthly service fees
  • Dividends are earned on any balance
  • November 1 of each year available funds will be transferred to you membership share account 

1 To encourage saving, a $10 fee is charged for any withdrawal/transfer between January and September

Health Savings Accounts (HSA) are designed for individuals who carry a high-deductible health plan. The HSA can be used as a tax advantage to offset health care expenses.

  • Earns dividends
  • Unlimited transactions
  • No monthly service fees
  • Potential tax benefits*

* Federal tax laws regulate HSA's; therefore, you are encouraged to access the most current and more detailed information at The Department of Treasury website.


If you're looking for a safe, long-term investment strategy, a Share Certificate or an Individual Retirement Account (IRA) is a great place to start. With all the ups and downs on the stock market, it's reassuring to know that a Carter Certificate Account will never lose its original value.

Share Certificates

  • Minimum opening deposit $1,000
  • Dividend-earning rate is higher than standard savings rates
  • Terms from 6 months to 5 years

Individual Retirement Accounts

  • Traditional, ROTH, and Education IRA's
  • Minimum opening deposit $1,000
  • Terms from 6 months to 5 years
  • Tax benefits available - Consult your tax advisor