This holiday season, before you start shopping for presents, give yourself the gift that keeps on giving—stash away some money into a high-yield savings account from Quorum. You can choose between the flexibility of a liquid, HighQ Savings account or the peace of mind that comes with a term account’s fixed rate.
Log in to online banking to open a HighQ or term savings account.
The holidays are typically known as the "spending season," filled with shopping errands to malls and grocery stores, or online shopping for gifts, decorations, and party clothes. But before you get busy crossing things off your shopping list, make sure you treat yourself to some financial self-care first.
Quorum can help ensure your financial well-being doesn’t get neglected this holiday season by giving you a few savings choices that are good for you and your wallet.
Get more out of your money. Earn 0.35% APY*, no matter what your balance totals. Access your funds whenever you need them, with no fees or penalties, as long as you maintain eStatements.
Lock in market-leading rates with a 13-month term account at 0.60% APY* or a 30-month at 1.00% APY*, and rest easy knowing your rate won’t drop.
With every Quorum savings account, your funds are federally insured up to $250,000 by the National Credit Union Administration (NCUA).
Log in to online banking, click on “Open a Checking or Savings account”, then follow the steps to complete the application.
Not yet a Quorum member? The first step to opening a term or HighQ account is signing up for a Quorum membership. This membership is your key to market-leading banking products you can only get from a credit union. Don't worry, there's no additional fee for this—it’s part of our easy, online account application.
There’s no limit to how many accounts you can open!
For over 80 years, Quorum Federal Credit Union has been helping people across the country realize their financial goals by providing higher rates on savings, lower rates on loans, and lower fees than most financial institutions. As a Quorum member, you become a part of a cooperative that's designed to work for you.
Our members power our business. This is why we continue to invest in online and mobile banking solutions that make banking with us simple and easy—because happy members are good for business.
We are dedicated to creating banking products that help our members with their everyday needs and life goals. When we offer up choices, we make them simple by boiling them down to what’s good for you—and your wallet.
We want our members to be confident in the financial decisions they make, at every life stage. This is why we invest in tools and resources—like our Learning Hub and budgeting calculators—that can help them make good choices.
With Quorum, I get a great interest rate and feel comfortable with my accounts knowing that they are secure.
- Jennifer C., Quorum Member
*A FEW THINGS YOU SHOULD KNOW:
For HighQ Savings Accounts:
The Annual Percentage Yield (APY) is in effect as of 08/12/21. HighQ Savings Account Requirements: There is no minimum balance to open or maintain, and no monthly fee, as long as you register for and maintain eStatements. If you choose to receive paper statements there will be a $10 monthly fee. Subject to transaction restrictions per Federal Regulation D. View the Truth-In-Savings and Other Account Disclosures.
13-Month Term Account:
The Annual Percentage Yield (APY) is in effect as of 08/12/2021. The minimum deposit and balance required to earn dividends is $1,000. A penalty will be imposed if funds are withdrawn prior to maturity date. Your funds will automatically roll over into the 18-Month Term Account at the current rate at maturity. Term Account deposits of $100,000 or more earn an additional 0.10% APY.
The 13-Month is for NEW MONEY only or funds that have been on deposit with Quorum for two weeks or less.
30-Month Term Account:
The Annual Percentage Yield (APY) is in effect as of 08/12/2021. The minimum deposit and balance required to earn dividends is $1,000. A penalty will be imposed if funds are withdrawn prior to maturity date. Your funds will automatically roll over into the 36-Month Term Account at the current rate at maturity. Term Account deposits of $100,000 or more earn an additional 0.10% APY.
The 30-Month is for NEW MONEY only or funds that have been on deposit with Quorum for two weeks or less.