High-Yield Savings Account

Maximize your savings with our High-Yield Savings Account, offering competitive interest rates to help your money grow faster.

What is a High-Yield Savings Account?

A high-yield savings account is a type of savings account that earns you more interest than a regular savings account. Just like a traditional account, you deposit money and it grows over time—but with a high-yield account, the interest rate is significantly higher, so your savings grow faster.

Why Open a High-Yield Savings Account?

It’s a smart way to build your emergency fund, save for a vacation, or work toward other short-term financial goals.

At IC Credit Union, our high-yield savings accounts come with:

  • Earn up to 3.04% APY* on balances of $10,000-$1,000,000 to maximize your savings.
  • No monthly maintenance fees.
  • 24/7 online and mobile access.
  • Friendly, personalized support from your local credit union team.

Start earning more on your savings—open a high-yield savings account today and reach your financial goals faster.

*APY (annual percentage yield) effective 10/1/26 and subject to change. Dividend Rate: 3.04%. Minimum Deposit: $10,000 to open and earn advertised APY. Tiered Account: May offer other dividends. Terms: Available at account opening. Offer may be withdrawn anytime.

High-Yield Savings FAQs

What is a high-yield savings account used for?

A high-yield savings account is used to earn a higher interest rate on your savings than a standard savings account. It’s a great option for setting aside money for emergencies, future goals, or larger purchases while helping your savings grow faster.

Can I still access my money in a high-yield savings account?

Yes. A high-yield savings account allows you to earn a higher rate of interest while still maintaining access to your funds. You can typically access your money through a branch visit, ATM withdrawal, or electronic transfer, making it a great option for savings you want to grow while keeping them readily available when needed.

How is a high-yield savings account different from a regular savings account?

A high-yield savings account works much like a regular savings account, but it offers a higher interest rate, helping your money grow faster. When comparing the two, be sure to review the interest rate, any minimum balance requirements, and any special qualifications needed to earn the highest rate or receive account benefits.