Ministry Savings Account
Your ELCA Federal Credit Union Regular Savings Account is your gateway to credit union membership and services, including interest rates that beat many other financial institutions. When your ministry joins the credit union, you join a community whose members invest in each other.
- Become a member by opening and maintaining a savings account with as little as $25; it’s your deposit and ownership share in the credit union.
- Deposits are federally insured up to $250,000 by the National Credit Union Administration (NCUA).
- Your deposit services other members of our faith community.
Your account comes with no maintenance fees. Also, as part of a not-for-profit financial cooperative, your deposits will fund low-cost loans to fellow credit union members, including other ELCA congregations and individual congregants, seminarians and pastors.