COVID-19 Update: Click Here for More Information

MOBILE/ONLINE: Please use mobile and online for everyday banking, loan payments and remote deposit.  PHONE: Use Phone Banking (610.807.3095) for transactions. Skip the wait and schedule a phone appointment with our Contact Center. FINANCIAL CENTERS: Drive-Up Service Only M-F: 9 am - 4 pm | Sat.: 9 am - noon. ITMS: Live Video Associate service is unavailable through April 4, 2020. 

IMPORTANT LOCATIONS UPDATE: Our Allentown, Bethlehem , Kutztown and Northwood Financial Centers as well as our Corporate Office are temporarily closed; however our employees are working remotely to continue to provide service to our members.

We're experiening extremely high volumes in our Contact Center. If you get a busy signal, please hang up and dial 484-929-2291 or 1-877-583-2328.

First Commonwealth Federal Credit Union
Forbes 2019 Best in State credit unions

Savings & Money Market

First Commonwealth offers a full array of savings services for you and every member of your family. Our savings, clubs, and money market accounts are designed for easy access to your funds and cost effectiveness.

If you are interested in opening an account, schedule an appointment at one of our financial centers to ensure there will be an associate available to meet with you at your chosen time.

Schedule an Appointment

Savings Accounts

 All members are required to open a basic savings account and maintain a minimum balance of $5. This is what makes you an official credit union member. Basic savings accounts earn competitive dividends. Once a savings account is opened, you can open a checking account, certificates, club accounts, IRAs, money market accounts and more. 

Find out if you are eligible for membership

Money Market Accounts

Earn a higher yield, without having to lock into a fixed term.

Money Market & Money Market IRA Accounts
Earn a tiered APY (annual percent yield) based on your daily balances.

  • Minimum balance of $2,500 to earn dividends
  • No monthly service charges
  • Convenience of clearing up to 6 drafts monthly
  • Tiered rates 

Elite Money Market Accounts
Our highest yielding money market for members with large balances. 

  • Minimum balance of $50,000 to earn higher yield
  • Up to $250,000 in additional savings insurance coverage for balances of $250,000 and greater
  • Convenience of clearing up to 6 drafts per month
  • Tiered rates 

Club Savings Accounts

The best way to save for a vacation or holiday spending. With Holiday Club Accounts, you'll enjoy:

  • Open enrollment throughout the year
  • No minimum balances
  • No monthly service charges
  • Flexible maturity dates
  • Fundable through automatic transfer 

You can set up regular deposits that can be deducted from each pay. Club Accounts may be opened through at any of our convenient financial centers or by calling us at 610.821.2403. 

Rates

Printable Rates

Table data for Savings Account Rates
 04-05-2020
Type Minimum Balance Dividend Rate APY1 Alert Me
Savings $5 0.10% 0.10%
Club Account None 0.10% 0.10%
IRA Savings None 0.10% 0.10%
Health Savings $10,000 or greater 0.30% 0.30%
$1,500 or greater 0.15% 0.15%
Less than $1,500 0.10% 0.10%
  • 1APY = Annual Percentage Yield↵

Table data for Money Market Account Rates
 04-05-2020
Type Balance Dividend Rate APY1 Alert Me
Money Market/Money Market IRA $50,000 or greater 0.20% 0.20%
$25,000 or greater 0.15% 0.15%
$10,000 or greater 0.15% 0.15%
$2,500 or greater 0.15% 0.15%
Less than $2,500 0.00% 0.00%
Elite Money Market/Elite Money Market IRA $250,000 or greater 0.40% 0.40%
$100,000 or greater 0.30% 0.30%
$50,000 or greater 0.20% 0.20%
Less than $50,000 0.10% 0.10%
  • 1APY = Annual Percentage Yield↵

Safe Deposit Boxes

Printable Fees

Table data for Safe Deposit Box
 08-15-2014
Size of Box Amount Alert Me
3" x 5" x 24" $30 Annually
5" x 5" x 24 $40 Annually
3" x 10" x 24 $45 Annually
5" x 10" x 24" $65 Annually
10" x 10" x 24 $105 Annually
Drilling Safe Box Market
Lost Safe Box Key $5
Box access requires a key. Box owners are granted access after ID and signature are verified. Privacy booths are available for your convenience. Boxes available in our Allentown, Bethlehem, Easton (4300 William Penn Hwy), Fogelsville and Kutztown Financial Centers.

Resources

Free education and resources for our members.

Cool Million Calculator

Calculator

What might it take to save one million dollars?

4APY=Annual Percentage Yield.