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
  • 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
  • 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. 


Printable Rates

Table data for Savings Account Rates
Type Minimum Balance Dividend Rate APY1 Alert Me
Savings $5 0.01% 0.01%
Club Account None 0.01% 0.01%
IRA Savings None 0.01% 0.01%
Health Savings $10,000 or greater 0.02% 0.02%
$1,500 or greater 0.01% 0.01%
Less than $1,500 0.01% 0.01%
  • 1APY = Annual Percentage Yield

Table data for Money Market Account Rates
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
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.


Free education and resources for our members.


What might it take to save one million dollars?

4APY=Annual Percentage Yield.