Personal Savings
Personal savings accounts earn dividends and give your finances a solid foundation
Call us at 800-341-9911 or visit an office
Our personal savings account lets you take advantage of one of the best savings account rates around! Whether it’s an emergency fund or a long-term savings goal, keeping your money safe and sound in a savings account makes sense. A personal savings account is also your share of ownership in Royal Credit Union – by opening a savings account, you become a Member.
Personal Savings Account Features
- $5 minimum opening deposit and minimum balance
- Earn a high rate with monthly dividends
- Easy access to your money
- Free electronic or paper statements
Free Technology Features
- Free real-time alerts via our mobile app, text message, or email
- Free online banking and mobile app
- Free camera check deposit using the mobile app
Other Free Features
- Free ATM withdrawals at shared ATMs nationwide
- Free direct deposit or recurring transfers
- Free CompuTeller access
Current Personal Savings Rate
Frequently Asked Questions
What is Royal’s personal savings account?
Royal’s personal savings account is designed to help Members set money aside while earning dividends. It can be used for emergency savings, short-term goals, long-term savings, or as a foundation for building stronger financial habits.
Can I set up automatic transfers to my personal savings account?
Yes. Members can use direct deposit or recurring transfers to move money into savings automatically. Automatic savings transfers can help build an emergency fund or make progress toward a specific savings goal without needing to manually move money each time.
What types of goals should I use Royal’s personal savings account for?
A personal savings account can be used for emergency savings, holiday spending, home projects, car repairs, travel, taxes, school expenses, or other short- and long-term goals. Keeping savings in a separate account can make it easier to track progress and avoid spending money set aside for future needs.
What is the difference between Royal’s personal savings account and money market account?
Royal’s personal savings account is a foundational account for building savings, earning dividends, and establishing Membership. Royal’s money market account may be a better fit for Members who want additional access features or tiered dividend rates based on higher balances. Comparing access, rates, and savings goals can help determine which account is the better fit.
Savings Account Resources
How To Get Started
We offer many easy ways to open an account with Royal Credit Union
Apply Online Now
Complete our easy online application and get a decision fast.
Visit An Office
Instead of applying online, schedule an appointment at an office to apply.
Need Help?
If you have questions or need help, call our lending team at 800-341-9911 or visit our contact page.
