Dynamic Duo
Two accounts are better than one
Power up your savings strategy
When it comes to the economy, there are plenty of challenges you could face: Inflation, rising interest rates, recession… you get the idea. But with the right strategy, you can maximize your financial wellness and fight back against the forces that hinder your savings.
Your checking and savings accounts are great tools to keep your finances in order. But when their powers combine, they are a force to be reckoned with.
Meet your dynamic duo of Remarkable Checking® and Ignite Savings®.
Remarkable Checking
If you’re not earning interest on your checking account, you’re missing out on free money. Remarkable Checking® allows you to earn interest on your balance and rewards you with high earnings on your everyday actions. Over time, that adds up to extra money you can use to accelerate your savings or make guilt-free purchases.
- Enjoy an introductory rate of 4.00% annual percentage yield on balances up to $20,000, and .20% for balances greater than $20,000 for the first 6 months.1
- Rates as high as 2.00% APY after the introductory period.
- No minimum balance.
Ignite Savings
Jump-start your savings with incredible interest rates that allow your balance to grow at lightning speed. A high-yield savings account lets you earn maximum interest, starting with the very first dollar you deposit.
- High interest on the first $500.4
- No minimum deposit or balance.
Use our Ignite Savings® calculator to see how much you could earn!
And your trusty saving sidekicks …
Certificates of deposit
Got some extra money and a little time? Turbocharge your savings with a CD!
Money market
Once your reserve fund starts taking flight, a money market account can help it soar.
14.00% annual percentage yield (APY) intro rate effective for the first month of new account opening and 6 statement cycles (“cycle”) after for balances of $20,000 or below. Remaining balances greater than $20,000, will receive a rate of .20% APY. After the intro period, a 2.00% APY is applied to the first $20,000. Remaining balances greater than $20,000, will receive a rate of .20% APY. All rates subject to the following qualifying factors required per cycle: 1) 12 settled debit card transactions; 2) 1 direct deposit or ACH debit or credit transaction (excluding OCCU’s Bill Pay service); and 3) active enrollment in eStatements. If one or more of the qualifying factors are not met, account will receive a default rate of .05% APY for that cycle. Statement cycle = first day of the month to the last day of the month (ex. May 1 – May 31). APYs effective as of 04/22/2023 and subject to change. Introductory offer may end at any time, contact OCCU for details. Fees could reduce earnings.
4Ignite Savings account annual percentage yield (APY) and rate may change. Fees could reduce earnings. 5.25% APY on balances up to $500, 5.25%-3.45% APY on balances $500.01-$2,500, 3.45%-2.23% APY on balances $2,500.01-$5,000, 2.23%-0.85% APY on balances $5,000.01-$25,000, and 0.85%-0.15% APY on balances of more than $25,000.01. First-year earnings are based on a 12-month average. APY effective 04/22/2023 and subject to change.