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Savings Accounts

Save for What Matters Most

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Savings Accounts Made Simple

Build good habits, plan ahead, and save for what matters to you.

Community

Member Share Account1

Start your membership with a Member Share Account.

  • Open an account for $5.00
  • Get a free debit card
  • Earn quarterly dividends
  • No monthly fee with eStatements2
Open Your Account
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Member Managed Account3

Enjoy higher dividend rates with easy access to your money.

  • Minimum deposit of $2,500.00 required
  • Earn monthly dividends
  • Access your money anytime
  • Use your account for checking or savings
Access Member Managed Accounts
Money Transfer

Centsible Savings Account4

Add to your savings with every debit card purchase.

  • Round up everyday purchases
  • Turn spare change into savings
  • Build savings a little at a time
Save Your Spare Change
Savings

Christmas Club Savings Account5

Save throughout the year to help cover holiday gifts, travel, and seasonal expenses.

Save for the Holidays
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Vacation Savings Account6

Dreaming of your next vacation? It’s never too early to start saving and building your travel fund with a Vacation Savings Account.

Fund Your Next Vacation
Dollar Bills

U-Name-It Savings Account7

Create a savings account for any goal, from a large purchase to a future milestone.

Set Your Savings Goal
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Premium Savings Account

Give your savings an upgrade with a deposit of at least $25,000 in new money.

  • 3.50% APY on balances of $250,000.00 and above
  • 3.00% APY on balances from $100,000.00 to $249,999.99
  • 2.00% APY on balances from $25,000.00 to $99,999.99

Open a Premium Savings Account in Online Banking or at any branch location.

Visit Online Banking

Health Savings Accounts8

Health Savings Accounts (HSA) provide a tax-free method to save and pay for qualified medical expenses incurred by individuals, spouses or dependents who are covered under an HSA qualified High Deductible Health Plan (HDHP).

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Tax Advantages

HSAs offer tax advantages when you contribute and use funds for qualified medical expenses.

Dollar Bills

Pay Qualified Medical Expenses

Use your HSA to pay eligible healthcare costs for yourself, your spouse, and your dependents.

Savings

Flexible Savings Options

Flexible account options let you manage healthcare savings your way.

Learn More About Health Savings

Certificate Accounts9

A Certificate Account is a type of savings account with unique features:

  • has a fixed dividend rate
  • has a fixed term length, depending on your needs ranging from 6- to 60-months
  • has a fixed date of withdrawal, also called a maturity date

A Certificate Account allows you to grow and save your money at the same time, at a term length that works best for YOU.

Open a Certificate Account

Are you a Member?

Yes, Login to Digital Banking
No, Start Application
Piggy Bank

Savings Accounts FAQs

Can’t find your savings accounts question?
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A savings account gives you a secure place to set money aside for your goals, unexpected expenses, and future needs while potentially earning dividends on your balance.

You can open a Regular Savings Account with a minimum $5.00 deposit. This initial deposit also establishes your membership with Knoxville TVA Employees Credit Union.

A savings account is generally designed to help you set money aside and grow your savings, while a checking account is designed for everyday spending and transactions. Depending on your needs, you may benefit from having both.

Savings rates vary by account type and are subject to change. View our current rates to see the latest dividend rates and Annual Percentage Yields (APYs).

Yes. You can manage your accounts through digital banking services, making it easy to monitor your balance and manage your money.

You can open a savings account online or visit a branch to get started. A minimum $5.00 deposit is required to establish membership.

Let’s Get Started

Open an account online, visit a branch, or contact us for more information.

Apply Online
Open Account
Visit Us
Find a branch near you
Get in Touch
Contact Us
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Disclosures

  1. Available to qualifying Members. Some restrictions, conditions, and fees may apply. Ask for details.

  2. Receive a paper statement in the mail for $2.00 per month or enroll in free eStatements (electronic statements). Members under the age of 18, Senior Member Accounts, and department SSI excluded. Ask for details.

  3. APY = Annual Percentage Yield. Member-Managed Funds may be designated as a savings or checking account. No minimum balance required, but the minimum balance of $2,500.00 required to earn dividends. Member-Managed Checking Accounts offer unlimited transfers. Fees may reduce earnings. Limits on number of non-signature transactions may be imposed as required by regulation or Credit Union policy. Non-signature transactions may include those made over the phone, via online or telephone banking, or automatically by the Credit Union. No monthly fee if enrolled in eStatements or $2.00 per month for paper statements (if under the age of 18, Senior Member Accounts, and department SSI excluded). Ask for details. Available to qualifying Members. Some restrictions may apply. Fees may apply.

  4. Earns dividends. No minimum balance. Allows withdrawals. Available to qualifying Members. Some restrictions may apply. Fees may reduce earnings. Ask for details.

  5. APY = Annual Percentage Yield. Available to qualifying Members. Some restrictions, conditions, and fees may apply. Ask for details. Fees may reduce earnings. Limits on number of non-signature transactions may be imposed as required by regulation or Credit Union policy. Non-signature transactions may include those made over the phone, via online or telephone banking, or automatically by the Credit Union.

  6. APY = Annual Percentage Yield. Available to qualifying Members. Some restrictions, conditions, and fees may apply. Ask for details. Fees may reduce earnings. Limits on number of non-signature transactions may be imposed as required by regulation or Credit Union policy. Non-signature transactions may include those made over the phone, via online or telephone banking, or automatically by the Credit Union.

  7. APY = Annual Percentage Yield. Available to qualifying Members. Some restrictions may apply. Ask for details. Fees may reduce earnings. Limits on the number of non-signature transactions may be imposed as required by regulation or Credit Union policy. Non-signature transactions may include those made over the phone, via online or telephone banking, or automatically by the Credit Union.

  8. Consult with your tax advisor to determine your specific tax situation. Certificate withdrawal restrictions apply. Additional terms and conditions may apply. Must be age 18 or older to apply. A Certificate Account can be designated as an IRA Certificate or a Health Savings Account Certificate. All rates and offerings are subject to change. There is a charge for non-club checks. Fees may reduce earnings.

  9. APY = Annual Percentage Yield. APY effective as of October 6, 2026. Some restrictions may apply. All rates and offerings are subject to change. Penalty may be imposed for early withdrawal. Fees may reduce earnings. Certificate Accounts with maturities of seventeen (17) months or less have a penalty for early withdrawal of an amount equal to ninety (90) days dividends. Certificate Accounts with maturities of eighteen (18) months or more have a penalty for early withdrawal of an amount equal to 180 days dividends. Dividends can be added back to the account, transferred to another Knoxville TVA Employees Credit Union account, or mailed to you each month. Annual Percentage Yield applies when the dividend is reinvested in the account. Certificate Accounts (other than Educational Savings) can be designated as an Individual Retirement Account (IRA) or Health Savings Account (HSA). Talk to a financial advisor regarding individual scenarios. Any certificate account with new money of $10,000.00 may add 0.10% APY to the dividend rate featured above. With an active direct deposit, add 0.25% to current dividend rate. Ask for details.