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!

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. You can set up regular deposits that can be deducted from each pay. Club Accounts may be opened through a HomeLink online banking account or at any of our convenient branch offices

Rates

Printable Rates

Savings Account Rates

  •  04-28-2017
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

Money Market Account Rates

  •  04-28-2017
Type Balance Dividend Rate APY1 Alert Me
Money Market/Money Market IRA $50,000 or greater 0.23% 0.23%
$25,000 or greater 0.20% 0.20%
$10,000 or greater 0.14% 0.14%
$2,500 or greater 0.11% 0.11%
Less than $2,500 0.00% 0.00%
Elite Money Market/Elite Money Market IRA $250,000 or greater 0.33% 0.33%
$100,000 or greater 0.27% 0.27%
$50,000 or greater 0.25% 0.25%
Less than $50,000 0.10% 0.10%
  • 1APY = Annual Percentage Yield

Safe Deposit Boxes

Printable Fees

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
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, Fogelsville and Kutztown branches.

Resources

Free education and resources for our members.

Calculator

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