Open A Savings Account

Because it should never be about our bottom line…but rather, yours.

Share Account (Basic Savings Account)

Did you know that when it comes to credit unions, our members are our owners? That means the money we make doesn’t line the pockets of investors; it goes back to our members – you, and our community. Our Share Account is our most basic savings account; it requires $5.00 to establish and is your “share” of the credit union.

When you have a Share Account, you’re an owner of Carolina Foothills FCU. That’s the credit union difference!

Separate Share Savings

Separate Share Savings allows you to budget out your savings. Saving for a trip to the beach? A new car? A rainy day? Separate that money into this account to keep budgeting simple. 

Money Market Account

A tiered dividend means the more you save the more you earn. A money market account is essentially a hybrid between a checking and savings account. It lets you withdraw up to 6 times in a month. And your money will earn a higher interest rate in a money market than it will in a checking or savings account. This account features a minimum balance of $2,500.00.

Term Share Certificates/Certificates of Deposit

Invest with confidence where safety is insured. A Term Share Certificate pays higher dividends than a regular checking or savings account, but you cannot withdraw your funds during the selected length of the term without penalty. Choose from a variety of terms which offer competitive annual percentage yields (APYs). Open a Term Share Certificate with a minimum deposit of $500.00.

Individual Retirement Account

Take an active role in planning for your retirement years. An IRA is an account set up at a financial institution that allows an individual to save for retirement with tax-free growth or on a tax-deferred basis. Open your IRA with a minimum deposit of $5.00 and add to your account on a regular basis or with a single contribution each year.

  • Traditional IRA - You make contributions with money you may be able to deduct on your tax return, and any earnings can potentially grow tax-deferred until you withdraw them in retirement. Many retirees find themselves in a lower tax bracket than they were in pre-retirement, so the tax-deferral means the money may be taxed at a lower rate.

  • Roth IRA - You make contributions with money you've already paid taxes on (after-tax), and your money may potentially grow tax-free, with tax-free withdrawals in retirement, provided that certain conditions are met.

  • Coverdell IRA - A Coverdell Education Savings Account or Coverdell ESA (formerly known as an Education IRA) is a custodial saving account used for paying educational expenses. Taxpayers may make nondeductible cash contributions of up to $2000 a year for each child under age 18 (or for a special needs beneficiary).

Christmas Club

Make Christmas a special time with the help of our Christmas Club. It’s a painless way to save for gifts, year end expenses and holiday fun.  Dividends are paid annually on the last day of September and are ready for your withdrawal. This club auto-renews each year for your added convenience.

Youth Savings

  • Open to anyone under age 18

  • Receives a birthday card up to age 13

  • Receives $1.00 for every “A” up to $5.00 with a copy of their report card

  • May be linked to parents account

  • Access to online banking, mobile banking and audio banking

  • Earns interest with first deposit

  • May be charged a dormant fee if no activity in more than a year

  • Allows you to pick a toy from treasure chest with deposit