Skip nav to main content.
Money Management Account

Earn more dividends on your balance

Grow your balances faster with higher dividend rates, while still being able to make withdrawals at any time. With a minimum balance to open of just $2500 you can start earning more than the standard savings dividend rate.

005-profit

Higher Dividends

With our higher dividend rate, you can save more and earn a better return on your savings.

024-online contract

No Term Requirements

With this account, your savings are not locked away for a specific term, so you can have the financial freedom to access your funds when you need them.

023-money bag

Dividends Paid Monthly

Dividends on this account are paid each month so you don't have to wait long to reap the benefits of your savings.

037-service

Avoid Maintenance Fees

Maintain the required $2500 average daily balance to earn dividends and avoid a monthly maintenance fee.

Rates

View rates
As high as APY*

Calculate your monthly savings

Let's see what your earnings could be.

Final Balance

Contributions:     |    Earnings: 
Amount
$
Rate
%
Monthly Contribution
$
Months
No Term Requirements

Have complete financial flexibility

You can enjoy complete access to your account balance anytime. With this account, you can take control of your finances and withdraw the funds when it's right for you.

Secondary Image (2560 × 1710 px) (39)
Higher Dividends

Enjoy earning more with this high-yield savings account

Allow your savings to work harder for you by placing your funds in this account. Your balance will grow each month at a higher rate than other savings account options.

Secondary Image (2560 × 1710 px) (40)

Frequently Asked Questions

  • The NCUA provides a handy Share Insurance Toolkit at mycreditunion.gov

  • Parent/Guardian – Please provide one of the below:

    • US/State Driver’s License/Permit or state ID card
    • Interim ID accompanied by expired photo ID (no more than 60 days past expiration)
    • US Passport or Passport Card
    • US/State/County Sheriff’s ID
    • NY State Benefits Card with photo

    If the address on your ID does not have your current physical address or does not contain an address we must obtain proof.

    • Recent paystub (last 30 days)
    • Recent Utility Bill with service address (last 30 days)
    • Recent cell phone bill (last 30 days)
    • Current vehicle registration or vehicle insurance card
    • Current lease with landlord & renter’s signature
    • Current year property tax receipt/bill or deed

    Minor

    • Color copy of IRS issued Social Security Card
    • Color copy of Birth Certificate

    Additional options if the above are not available:

    • School Identification
    • Baptism Certificate
    • Medical Card

    Funding Method

    • Your new account can be funded with a credit card, debit card (Discover, Mastercard or Visa) or be prepared with an account number and routing number.

    Adding Joint Owners or Beneficiaries?

      • You will need their name, address, date of birth and social security number. If you do not have that information at time of account opening, proceed with the application as an individual account and we can help you get them added later.
      • If adding a joint owner, we will also need a valid ID.
  • The minimum deposit required to open an SFCU Membership Savings Account is just $5.00.

  • Routing#: 221379905

  • SFCU’s mailing address is:

    Sidney Federal Credit Union
    42 Union Street
    Sidney, NY 13838

    Please use this address for general mail and correspondence.

  • a {
    text-decoration: none;
    color: #464feb;
    }
    tr th, tr td {
    border: 1px solid #e6e6e6;
    }
    tr th {
    background-color: #f5f5f5;
    }

    How do I close my SFCU account or cancel my membership?

    If you’d like to close your SFCU account or cancel your credit union membership, we’re here to help. You can contact us in any of the following ways:

    • Email: cuonline@sidneyfcu.org
    • Phone: 877-642-7328 during normal business hours
    • In person: Visit your nearest SFCU branch

    To protect your account, we’ll need to verify your identity and account ownership before completing your request. Depending on the accounts, loans, or other services you have with SFCU, additional steps may be required before your membership can be closed.

    Moving out of the area? You don’t have to close your SFCU account. You can continue banking with SFCU from almost anywhere with 24/7 access to Online and Mobile Banking, access to CO-OP Network ATMs, and participating Shared Branching locations.

    Before closing your account because of a move, contact us to learn more about the ways you can continue managing your SFCU accounts wherever life takes you.

  • If you moved or need to update your mailing address, you can update your address by:

    • Emailing SFCU at cuonline@sidneyfcu.org
    • Calling 877-642-7328 during normal business hours
    • Visiting your local SFCU branch

    SFCU is also adding a new enhancement to Online Banking that will allow members to update their mailing address directly within Online Banking. This feature will be available soon.

    Currently, members can update their phone number and email address through SFCU Online and Mobile Banking.

  • You will need the following information to complete your online application:

    •  A Valid United States ID
      • This can be a valid US driver’s license, a government issued photo ID, state ID, or military ID.
      • Youth Accounts Only: If minor does not have a valid driver’s license/permit. Color copy of birth certificate and social security card. We will also accept a copy of school identification, baptism certificate or medical card in the event both birth certificate and social security card are not available.
      • Save time by scanning the back of your driver’s license to prefill your application!
    • Your Complete Physical Address
      • If your current address does not match your ID, we will need proof of your current physical address.
      • This can be a paystub, utility bill, tax bill, or vehicle registration that includes your name and current physical address on it.
    •  Funding Method
      • Your new account can be funded with a credit card, debit card (Discover, Mastercard or Visa) or be prepared with an account number and routing number.
    • Adding Joint Owners or Beneficiaries?
      • You will need their name, address, date of birth and social security number. If you do not have that information at time of account opening, proceed with the application as an individual account and we can help you get them added later.
      • If adding a joint owner, we will also need a valid ID
    If you’re already a member and would like to open a checking or additional share account, you can easily do so through online or mobile banking. You can also give us a call, visit your local branch, or connect with a live representative through chat.

Whenever help is needed they are always ready to help and resolve.

— Carl D

How it works

With just a few clicks, you can have an account set up and ready to save.

  • 1

    Complete an application

    Fill out an application online or at one of our branches.

  • 2

    Make initial deposit

    Deposit an amount that works for your budget. The higher the amount, the better start to your account growth.

  • 3

    Start earning

    With high dividend rates, your account will start growing quickly, and you can receive monthly dividends paid to your account.

Open a Money Management account

 

Have a question? Get in touch with us

Grow what you save at a faster pace

With this account, higher dividends mean that you can receive monthly payments while still being able to make withdrawals at any time.