A safe place to grow your funds!
Our team will help you make informed choices to plan your long-term financial goals, from paying for college to buying a home or funding your retirement.
View Investment Rates
Service One’s investment rates compare favorably to other financial institutions. Take your time and look over our investment rates, and give us a call if you have any questions.
Your Savings are Safe!
Your savings are federally insured to at least $250,000 by the National Credit Union Administration (NCUA) a federal agency backed by the full faith and credit of the United States Government.
Wealth Planning
Looking for professionally managed investments? Check out our advisory team for options.
Investment Options
Add On Certificates
Open an Add-On Certificate for just $25! You can add on more funds through payroll or automatic deposit or at any time.
Share Certificates
A Share Certificate is similar to a certificate of deposit (CD) and offers higher interest rates than a Money Market Account or Regular Savings Account.
- Share Certificates are a great option if you have funds that can remain on deposit for 6 months to 5 years
- Low opening deposit. Everyone should have a chance to build their savings. You only need $500 to open a certificate
- Open an Add-On Certificate for just $25! You can add on more funds through payroll or automatic deposit or at any time
- No risky unknowns. A guaranteed rate means savings growth you can count on
- Your money is safe. Share Certificates are federally insured by the NCUA to at least $250,000
Money Market
A Money Market Account is a special savings account that earns interest with the ability to withdraw funds at any time without incurring a penalty
- A Money Market Account is a great option for funds you may need to access quickly
- Money Market Certificates are federally insured by the NCUA to at least $250,000
Coverdell Education Savings Account
A Coverdell Education Savings Account (ESA) is a trust or custodial account designed to help families pay for education.
- Use for elementary, secondary, and post-secondary education
- Contribute $2,000 a year per child under the age of 18
- Earnings grow tax-deferred until withdrawn
- Funds can be transferred from one child’s account to an account for another child in the family
- Consult your tax advisor
Traditional IRA
- Contribute up to $7,000 a year or $8,000 if you’re age 50 or older
- Earnings are based on the balance of your account
- Savings grow tax-deferred (Possible tax deduction)
- Withdraw at age 59 1/2 without penalty. Can make withdrawals earlier, but will have tax consequences
- Catch-up contributions are available for individuals aged 50 and over
- Consult your tax advisor
Roth IRA
- Contribute up to $7,000 a year or $8,000 if you’re age 50 or older
- Earning withdrawals are tax-free at age 59 1/2 or for qualified reasons
- Contributions permitted after age 70 1/2
- Catch-up contributions are available for individuals aged 50 and over
- Consult your tax advisor
Looking for professionally managed investments?
Check out our advisory team for options.
All investment rates are subject to change without notice. Contact a branch location to confirm current rates. Fees may reduce earnings on an account. Possible penalty for early withdrawals. See related Account Agreement and Fee Schedule for details. Product offers, rates, terms, and other information provided herein are subject to changewithout notice. To verify current offers and rates, please call any Service One Credit Unionlocation. For more detailed information view the NCUA Your Insured Funds Pamphlet.
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