RatesContact UsLocations Personal Business Resources About Join Login SAVINGS ACCOUNTS REACH YOUR SAVINGS GOALS There are many ways you can reach your savings goal other than dropping coins in your cute piggy bank or stashing cash under your mattress. We offer a wide variety of savings accounts for you to choose from, and the best part is they all earn monthly interest! You can access your savings anytime within online banking or on the Honor mobile app. Save Smarter with a credit union savings account. Compare Shares Accounts View Savings Rates Request An Instant Deposit See More Ways To Save Money SAVINGS ACCOUNT OPTIONS Member Shares Account Every Honor member starts with a FREE Shares savings account. Earn interest on the money you save! Your Shares savings account gives you a voice as a shareholding member. BECOME A MEMBER Saving For A Goal Open a savings account for a future goal, or an upcoming life event, like Christmas shopping, or a dream vacation. Set automatic transfers to your special account so you don’t forget. Pair a savings account with our It’s Your Change tool to build up your savings. OPEN ACCOUNT Youth Savings Account No minimum balance fees. Ideal for newborns up to high school students learning how to manage their money. Honor’s Student Credit Union program promotes responsible money management at an early age. LEARN MORE Health Savings Account HSA’s allow you to save money for qualified health-related expenses. Contributions to your HSA are not taxed.*** You must be enrolled, or have been enrolled, in a High Deductible Health Plan to use an HSA. An HSA can include a checking account and certificate of deposit. *An Honor team member can help you open an HSA account CONTACT US CURRENT SAVINGS RATES Savings Account Rates Type Interest Rate APY* Share Savings (for balances on $5.00 or more) 0.01% 0.01% Christmas Savings 0.01% 0.01% Vacation Savings 0.01% 0.01% Health Savings (HSA) 0.25% 0.25% Rates accurate as of Dec 02, 2021 All youth under the age of 18 will receive an additional 0.25% APY to the stated rates unless otherwise noted. *APY = Annual Percentage Yield. Rates are variable and subject to change without notice after account is opened. Fees can reduce earnings. Federally insured by NCUA. Interest Calculator Use our calculator to help you determine how much interest you could earn with an Honor savings account. CALCULATE EARNINGS INSTANT DEPOSIT You can now start getting your paycheck before payday with Honor’s Instant Deposit feature! As soon as you see your direct deposit pending within online banking, or on the mobile app, you can access those funds! Details An instant deposit³ is defined as early access to a direct deposit that is scheduled to post to your account. An instant deposit is a way for you to gain access to your funds sooner. No checking account required Many employers post direct deposit funds 1-2 days early $10 early access fee per instant deposit There is no fee for a normal ACH direct deposit How To Request An Instant Deposit You can request an instant deposit within your online banking, in the Honor app, or by calling 800.442.2800. Follow the steps below for online banking and the mobile app. Request Instant Deposit In Online Banking Request Instant Deposit In The Honor Mobile App View Terms & Conditions MORE WAYS TO SAVE MONEY We know everyone has different reasons to save money, so along with our standard shares savings accounts, we offer other free options for short term and long term savers. Check out our money market options, certificates of deposit, and IRA accounts. Money Market Accounts Surge Money Market No minimum balance fee Start earning interest on a balance of $1 Ideal for short-term savings goals, like a down payment on a vehicle Momentum Money Market As your balance increases, so does your interest rate Ideal for long-term savers. If you’re considering a certificate of deposit, but still want access to the funds, a money market might be better LEARN MORE Certificate Of Deposit Open a CD with as little as $50 Most CDs earn higher interest rates than regular savings accounts, and rates are locked in for the length of the CD Terms range from 3 to 60 months to fit your needs Ideal for anyone with extra money they don’t need right away, such as adults saving for retirement, teenagers saving for college, or parents starting a savings fund for their children LEARN MORE Individual Retirement Account (IRA) Traditional IRA – Contributions may be tax deductible depending on your circumstances* Roth IRA – Contributions are not tax deductible, but your earnings are generally tax-free, and stay tax-free when you withdraw them* Coverdell IRA – A form of college savings account. Contributions are not tax-deductible.* Distributions remain tax-free as long as they’re used for qualified education expenses *Always talk to your tax advisor to help you determine the IRA that is right for you. How To Open An IRA To open an IRA account simply give us a call at 800.442.2800, or stop by a local member center. VIEW RATES FREQUENTLY ASKED SAVINGS QUESTIONS What is a Member Shares Account? What is a Special Shares Account? Are there fees on the standard Member Shares Account? Can I add additional Savings Accounts? What is the Prime Timer's Club? TIPS TO SAVE MONEY We know it’s not always easy to build up your savings account, so we have included some helpful tips and tricks from our blog to help you reach your savings goals. Tips For Smart Black Friday Shopping Whether you’re planning to shop in store or online, these Black Friday shopping tips will help make sure that you get the most out of your holiday budget. READ MORE » The Real Reason College Grads Still Eat Ramen Noodles Learn how to pay off student loan debt faster with the help of GreenPath Financial Wellness. READ MORE » 3 Ways Honor Supports Your Online Holiday Shopping Everything about this year has been a little different, including the way we shop. While we may have already been READ MORE » Saving Money Is Effortless With It’s Your Change Learn how you can automatically save money when you use your Honor debit card for purchases. READ MORE » Chat Routing Number: 272484852 Careers Privacy & Security Disclosures NMLS Copyright© 2021 Honor Credit Union Insured by NCUA. Equal Housing Opportunity. We do business in accordance with the Fair Housing Act. If you are using a screen reader or other auxiliary aid and are having problems using this website, please call 800.442.2800 for assistance. All products and services available on this website are available at all Honor Credit Union full-service locations.