Saving with Heritage Grove makes you an owner.
When you join Heritage Grove Credit Union, the first savings account you’ll open is our basic Primary Savings account, because you aren’t just becoming a member, you’re also becoming an owner.
We offer a variety of short-term savings account options, like our GroveUp or Money Market account, which helps you save money with specific goals and timelines. For those dreaming of owning a home, our First-Time Home-Buyer Savings Account can help you build significant savings for your first home purchase. And use our Pay Yourself Feature to save money directly from your paycheck.
Your Membership Starts with Savings
Joining Heritage Grove means more than opening an account – it means becoming an owner. Your Primary Savings account represents your share in the credit union and only needs a $5 deposit to get started. You’ll earn dividends on monthly average balances over $100.
Keep in mind: balances under $100 have a $5 monthly service fee, but that’s easy to avoid! Simply add a Heritage Grove checking, money market, certificate, or loan, and we’ll waive the service fee – no problem.
Growth in every dollar.
Savings accounts, like mighty trees, start small and grow with the right care. Our new GroveUp Savings Account is designed to kickstart your savings with 3.25% APY¹ on your first $2,000. With zero service fees and monthly dividends deposited directly into your account, you’ll quickly have more means for the things that mean more.
| Tiers | Dividend | APY¹ |
|---|---|---|
| $0 – $2,000 | 3.198% | 3.25% |
| $2,000.01 – $10,000 | 1.980% | 3.25% – 2.25% |
| $10,000.01 – $20,000 | 0.25% | 2.25% – 1.25% |
| $20,000.01 + | 0.10% | 1.25% – 0.10% |
Want to see what your potential savings could be? Use our GroveUp Savings calculator and see for yourself.
Higher interest rate returns. No commitment.
A Heritage Grove Money Market account provides you with higher interest rate returns without having to commit your money for a given period of time.
Simply keep an average daily balance above $251 to avoid the $7 monthly service fee.
Make savings easy with Pay Yourself First.
When you have your pay check direct deposited to Heritage Grove, we’ll make your pay available up to two days early² and provide a helpful “Pay Yourself First” prompt inside our app at the time when it is easiest to save. Just choose the percentage of your pay you’d like to save and the account where you’d like the savings transferred. Paying yourself first is an important way to help grow your savings faster.
Saving to put down roots.
If you’re looking to purchase your first home or have not owned a home in three years, the First-Time Home-Buyer Savings Account allows you to save money for a down payment and closing costs while giving Oregon residents state-tax savings. For this savings program’s guidelines and requirements, contact the Oregon Department of Revenue at Oregon.gov/DOR or the IRS at IRS.gov.
Saving sooner will grow your money sooner. Make your move today by applying online or giving us a call and prepare for a bright future.