Not a member of Northern Credit Union? Join our family

If you aren't already a member, we welcome you to enjoy the benefits only a credit union can offer.

Open Savings Account in NY

It’s your money. Why not save it your way?

Savings with the features you need—and the extras you want.


  • Share Certificates

    What’s so great about a share certificate (also known as a CD at banks)? Share Certificates boost the amount you earn in interest income. When you reach the end of the term, the money is yours for whatever you need!

    • Send your savings skyrocketing and open your share certificate for as little as $500.
    • Northern’s rates are competitive and designed to help you save.
    • The more products and accounts you have with Northern, the higher your rate.

    Term Balance Basic* Better** Best***
    12-18 Months $500 - $75,000+ 0.75% APY 0.80% APY 0.85% APY
    24- 60 Months $500 - $75,000+ 1.00% APY 1.50% APY 2.10% APY

    APY=Annual Percentage Yield. $500 minimum balance required to open a certificate of deposit.

    *To be eligible for Basic Rates, member must also have an active Checking and Direct Deposit. ** Better Rates require an active Choice Rewards or Premium or Next Checking and Savings with combined minimum of 10K, Direct Deposit. *** Best Rates require all of the requirements of better, but with combined balances >25K.

    Maximum certificate balance is $250,000. Penalty will be applied for early withdrawal. Fees incurred may reduce earnings on account.

  • High Yield Savings

    For maximum savings potential and benefits—and a minimum opening deposit requirement—opt for Northern’s High Yield Savings Account. Exclusively offered with Premium Rewards Checking, you can:

    • Open your account with only $1.*
    • Get high yield dividends, compounded and credited monthly

    Don’t wait! The only thing standing between you and high yield dividends is one whole dollar (and great FREE checking)!

    Account Balance APY
    $0 to $24,999.99 0.10%
    $25,000 - $49,999.99 0.10%
    $50,000 and over 0.15%

    APY=Annual Percentage Yield. See Credit Union for account details.

    *Available only to members with an active Premium Rewards Checking account. Failure to meet any of these requirements will result in account closure.

  • Easy Savings

    Looking for an easy way to start saving for something special or plan for a rainy day?  Our Easy Savings Account is just what you’re searching for!

    • Perfect for motivated and seasoned savers – build your cushion for an emergency fund or upcoming purchase.
    • Earn a premium rate
    • Keep saving with automatic monthly deposits of $25 or more
    • One withdrawal per month.*

    Does this sound like the right savings account for you? Don’t wait! There’s no minimum opening deposit requirement, so you can start saving now!

    Account Balance APY*
    $0 to $499.99 0.10%
    $500 to $2,499.99 0.15%
    $2,500 to $4,999.99 0.15%
    $5,000 to $9,999.99 0.15%
    $10,000 and over 0.05%

    *APY=Annual Percentage Yield. See Credit Union for account details. Rates accurate as of August 1, 2021.

    *You may make one (1) withdrawal(s) or transfer(s) from your account each monthly statement cycle. If your transactions bring the balance below $500.00, there will be a $5.00 monthly fee. Easy Savings accounts require an electronic transfer minimum monthly deposit of $25.00. Failure to meet any of these requirements will result in account closure.

  • Smart S.T.A.R.T. Savings

    Ready to teach your kids the value of saving? It’s never too early with the Smart S.T.A.R.T. Savings Program, open to kids up to age 12! Smart S.T.A.R.T. (Savings Today Are Rewards Tomorrow) ® provides a fun way for children to learn lifelong skills. Northern’s partnership with Zoo New York at Thompson Park provides our youngest members rewards sure to drive them WILD!

    • Complimentary birthday passes to the zoo and 15% off birthday party packages.
    • A special wildlife toy of the month each time they make a minimum monthly $5 deposit.
    • Discounted admission to Zoo Discovery Days (subject to availability).
    • Giveaways throughout the year to include seasonal celebrations, tickets to local attractions and more!

    Start your kids off on the road to savings today!

    Account Balance APY
    $50 to $4,999.99 0.10%
    $5,000 to $24,999.99 0.10%
    $25,000 + 0.10%

    APY=Annual Percentage Yield. See Credit Union for account details.

    *Based on availability, reservation required.

    Members can fund savings accounts for their child(ren) and limit access until their child(ren) reach the age of 18. The account owner is the child, but only one parent or guardian can be listed as the custodian and controls the account until the child is no longer a minor. After the child becomes an adult, the custodian will need to close the account and the funds will be given to the child to open a general membership savings or checking account. 

  • NEXT eSavings

    NEXT eChecking with eStatements is great for today; NEXT eSavings sets you up for tomorrow! Designed for young adults ages 18–25 with NEXT eChecking, you:

    • Get 5.00% APY on your first $500.
    • Earn 0.10% APY on everything over that!

    Now that you’re saving in style, check out awesome products like auto loans and student loans that you can get with the rest of NEXT!

    Amount APY
    $0 - $500.00 5.00%
    $500.01 and over 0.10%

    APY=Annual Percentage Yield. See Credit Union for account details. Limit one NEXT eSavings account per social security number. Failure to meet any of these requirements will result in account closure. Rates accurate as of September 9, 2020.

  • Money Market

    What’s better than earning high interest rates? The freedom to access your money when you want it with Northern’s Money Market Account!

    • Deposit more, earn more through tiered dividend levels.
    • No minimum balance, withdrawal requirements or monthly fees.
    • Use up to six checks, ATM withdrawals or funds transfers per month.

    Start earning great rates—without giving up convenience—now!

    Amount APY
    $0+ 0.10%

    APY=Annual Percentage Yield. See Credit Union for account details.

  • Christmas and Vacation Club Savings

    There’s an easy way to save for those special times. With a Northern Christmas or Vacation Club Savings Account:

    • Save as little—or as much—as you want every week.
    • Make flexible deposits or withdrawals any time.
    • Earn competitive dividends on balances of $50 or more.

    Let Northern help you on your way to a holiday or trip you won’t forget!

    Balance* APY
    $50 to $4,999.99 0.10%
    $5,000 to $24,999.99 0.10%
    $25,000 + 0.10%

    APY = Annual Percentage Yield. See Credit Union for account details.

  • Basic Savings

    Ready to take the first step toward your savings goals? Then our Basic Savings account is for you!

    • Open one with just $5.
    • Earn dividends on balances of $50 or more.
    • Use your savings balance as optional overdraft protection on your checking account.

    The best part? You’ll become a Northern Credit Union member just for opening your account!

    Account Balance APY
    $50 to $4,999.99 0.10%
    $5,000 to $24,999.99 0.10%
    $25,000 + 0.10%

    APY=Annual Percentage Yield.  See Credit Union for account details.