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.

Open a Money Management Account

Higher Dividends

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

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.

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.

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.

Open a Money Management Account

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.

Open a Money Management Account

Frequently Asked Questions

Routing#: 221379905
The NCUA provides a handy Share Insurance Toolkit at mycreditunion.gov
Log into your account online and select ClickSWITCH from the ‘Account Services’ Menu. Follow the quick and easy steps to move your direct deposit or other recurring payments to SFCU.

If you need to set-up this up directly through your employer, here is all you need to do:
1. Provide Routing Number, which is 221379905
2. Provide your Account Number. DO NOT include the suffix. Ex. If your Account Number is 123456 and your checking account suffix is 0700, do not provide 123456-0700. Only provide 123456. Also, do not include any leading zeros.
3. If the form asks if the funds go to savings or checking, make your selection. If no selection is made AND you have an SFCU checking, the funds will be deposited into the checking account.
It’s as simple as 1-2-3. If you have any additional questions, select the chat option during virtual branch hours or call to speak with a representative.
You can find a detailed Service Fee Schedule here.
At SFCU, we know that choosing the right insurance is an important decision for your financial future. Through our partnership with TruStage, members have a variety of choices so that you can choose the plan that is right for you and your family. Our partners at TruStage offer our members options for life insurance, car insurance, homeowner’s insurance, renter’s insurance, and more.
You will need the following information to complete your online application:
- A Valid ID
  - This can be a valid 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/or 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.
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.

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.

Open a Money Management Account

Money Management Rates

Type of Account

Minimum Balance to Open

Average Daily Balance Required to Obtain Annual Percentage Yield (APY)

Dividend Rate (APR)

Annual Percentage Yield (APY)

Savings

$118

0.05%

Escrow - (SFCU Mortgages)

N/A

$118

0.05%

Club

N/A

$118

0.05%

Money Management

$2,500

0.07%

Money Management

$5,000

0.10%

Money Management

$10,000

0.15%

Rates effective as of: July 14, 2025

Membership eligibility required.

APR= Annual Percentage Rate. Dividends are calculated by the average daily balance (ADB) method.

APY = Annual Percentage Yield.

Fees may reduce earnings on account.

All rates are subject to change at any time. Membership Par Value: to establish a new membership at SFCU a minimum of $5.00 (par value) is required to be deposited and maintained in your primary savings.

Earn more dividends on your balance

Higher Dividends

No Term Requirements

Dividends Paid Monthly

Avoid Maintenance Fees

Rates

Calculate your monthly savings

Final Balance

Have complete financial flexibility

Enjoy earning more with this high-yield savings account

Frequently Asked Questions

How it works

Grow what you save at a faster pace

Not a Member?

Already a Member?