Savings Accounts

Ascentra debit card in ATM

Saving Made Easy

Whether you like to pool all your savings in one account, or have separate accounts to reach specific financial goals, we’ve got exactly what you need.  Set up automatic transfers or deposits and make saving automatic and easy peasy!


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Savings Account Comparison

No Service Charges
No Minimum Balance Required
Dividends Earned
Unlimited Transactions
Digital Banking
  • Club Savings Account

    Save for holiday shopping or your next vacation and earn interest on the balance. Your funds are available to withdraw any time you choose.
  • All Purpose Savings Account

    Essentially an All Purpose Savings Account is a second savings account. For those of us who like to have different piles of moolah, this is a great option if you have something unique you're saving for, like your own barista coffee machine – yum!
  • Membership Share Savings Account

    What’s a Membership Share Savings Account? We thought you might ask - basically it’s credit union lingo for a regular savings account.

ATM Card

The Ascentra ATM Card is available for members with only a savings account or to those who are just starting to build their credit. It gives you easy access to cash and transactions at ATMs.


  • No annual fee
  • No charge for transactions conducted at ATMs owned by Ascentra Credit Union
  • 5 FREE ATM transactions/inquiries per month at ATMs not owned by the credit union. If you exceed 5 ATM transactions/inquiries per month at ATMs not owned by the credit union, the charge is $1.00 each

Health Savings Account

A health savings account (HSA) combines high deductible health insurance with a tax-favored savings account. Money in the savings account can help pay qualified medical expenses and earn interest towards future medical expenses.


  • Health insurance can cost less
  • Savings help to pay qualified medical expenses
  • Tax-deductible deposits
  • Tax-free growth and medical expenses

To open an HSA:

Stop into any one of our conveniently located branches. We'd love to see you!

First-Time Homebuyer's Savings Account

Iowans looking to save for a first-time home purchase in the state can now use a first-time homebuyer savings account (FTHSA) to save for their first home instead of a regular savings account. A benefit of this is that interest earned from the account is not taxable on Iowa tax returns AND it pays a higher dividend rate.

Requirements and rules:

  • The contributions are required to be in the account for 90 days prior to being used
  • Money remaining in the account more than 10 years after the account was opened is considered withdrawn, and the account can no longer be a first-time homebuyer savings account after that time
  • A penalty may be incurred if money is withdrawn for a non-qualified reason
  • For complete requirements, rules, and forms visit the Iowa Department of Revenue website


To Apply:

  • Savings Accounts

    Account TypeDividend RateAnnual Percentage Yield
    Membership Share Savings**0.05%0.05% APY
    All Purpose Savings*0.05%0.05% APY 
    Club Savings*0.05%0.05% APY
    Escrow Account*0.05%0.05% APY 
    Individual Retirement Saver Account
    (Traditional and Roth)**
    0.30%0.30% APY
     Health Savings Account**0.30%0.30% APY 
     First-Time Homebuyer Savings Account0.30%0.30% APY

      * Average daily balances of $1 or more
      * Maintenance or activity fees could reduce earnings on an account
    ** Average daily balances of $100 or more
    Rates subject to change. 

    Apply Now

Investment Accounts

  • Investor's Choice

    Planting the seeds of growth for your future is easier with the Investor's Choice Account. Let us help you harvest better yields with this tiered rate investment account offering an excellent rate of return while earning monthly dividends on balances of $10,000 or higher. Cha-Ching!

    • Unlimited deposits
    • A high rate of return on your investment without locking into a fixed term
    • Up to 6 withdrawals or transfers are allowed per month
  • Money Market

    Create your umbrella of savings by opening a Money Market Account and save for a rainy day. This account pays dividends based on the balance in the account; the higher the balance the higher the dividend rate. Double Cha-Ching!

    • Free - with no fees
    • Unlimited transactions - unlike most Money Market accounts
    • Open a Money Market account with a minimum of $1,000
    • Monthly dividends are earned when the average daily balance is $1,000 or more
  • Investment Accounts

    Investor's Choice

    Average Daily BalanceDividend RateAnnual Percentage Yield
    $100,000+0.45% 0.45% APY
    $75,000-$99,999.990.35%0.35% APY 
    $50,000-$74,999.990.30%0.30% APY
    $25,000-$49,999.990.25%0.25% APY
    $10,000-$24,999.990.20%0.20% APY 
     Money Market
    Average Daily BalanceDividend RateAnnual Percentage Yield
    $100,000+0.35%0.35% APY
    $75,000-$99,999.990.30%0.30% APY
    $50,000-$74,999.990.25%0.25% APY
    $25,000-$49,999.990.20%0.20% APY
    $10,000-$24,999.990.15%0.15% APY
     $1,000-$9,999.990.10% 0.10% APY 

    *Maintenance or activity fees could reduce earnings on an account. Rates subject to change.

    Apply Now

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