SHARE SAVINGS
About Share Savings
Our Share Savings account at New Alliance FCU is a fantastic option for individuals looking to build a secure financial future. With a remarkably low initial deposit requirement of just $1, it’s easy to get started on your savings journey.
Grow Your Savings with Confidence
The Share Savings account makes your money work from day one. Once your balance reaches $100, you earn daily-calculated, compounded dividends paid quarterly to steadily grow your savings. Plus, with seamless funding options like Direct Deposit, this account delivers convenience and a clear path toward financial security. It’s also a great way for young savers to start building smart money habits with guidance from a parent or guardian.
Not a Member Yet?
We’d love to welcome you! Once you’re a member, you’ll be able to open accounts and take full advantage of everything we offer.
Frequently Asked Questions About Share Savings
Your initial $1 deposit represents your “share” of membership. This makes you a part-owner of New Alliance FCU, giving you access to all member benefits, products, and services.
Yes. You can access your funds by visiting a branch or by transferring through Online or Mobile Banking. Certain limits may apply to the number of monthly withdrawals.
Yes. Children age 14 or younger can open a Share Savings account with a parent or legal guardian. This helps kids start learning healthy saving habits early while becoming lifelong credit union members.
Yes. Young members can participate in our punch card rewards program, earning a $5 bonus after every 10 deposits of $10. New youth members also receive a free backpack with school supplies to help kick off their savings journey.