Establish your SFCU Membership
$5 minimum to open
$200 minimum to earn dividends
Invest as little as $1000
High APY for a great return
At any time, choose to renew or close at maturity
Available in branches, by phone, and online
Rates based on balance
$2,500 minimum to open
Dividends paid/compounded weekly
Qualified withdrawals tax-free
No limits for contributions (as long as you are working)
Can still contribute even if you have a company pension
Share Accounts are the Credit Union's primary savings accounts. Deposits can be made in person, by mail, by direct deposit or by payroll deduction. Withdrawals are permitted anytime.
All Stark Federal members must maintain a Share Account with a $5.00 minimum balance.
Both Single and Joint accounts are available.
Two types of secondary share accounts are available in addition to your original savings account:
Christmas Account - Use this account to save for your holiday shopping. You may open a Christmas account. Funds are distributed each year in early October.
Vacation Savings Account - Money is the last thing you want to worry about when you take a vacation. Plan ahead and put a little away every paycheck...plus earn dividends for balances over $200.
Earn the highest returns on your savings without tying up your money in a CD.
The minimum balance for a Money Market Account is $2,500 with additional tiers at $10,000, $25,000 and $50,000.
Receive a preferred dividend (interest) rate based upon your account balance. Your preferred rate will always be higher than our stated Share Account rate.
Unlike other investments, your principal is federally insured for up to $250,000. This means that there is no risk of losing part of your principal if market conditions sour.
Roth IRAs - Working people can now contribute up to $7,000 per year of their earned income, or up to $8,000 for those age 50 and older. Withdrawals are never required but qualified withdrawals on accounts held at least five years will be tax-free – both principal and interest.
Traditional IRAs - Contributions into the plan may be tax-deductible and the earnings grow tax-deferred until retirement. In addition, you will have until April 1 of the year following the year you turn 72 to begin taking your first required minimum distribution.
Coverdell Education Savings Accounts - Parents, grandparents and others can contribute $2,000 per beneficiary into an Education Savings Account (ESA) to help meet the rising costs of a student's education. The earnings grow tax-free and can now be used to pay qualified elementary school and secondary school expenses as well as those for higher education.
Earn a guaranteed high yield with this safe, secure investment option.
Terms range from 90 days to 5 years for amounts under $10,000 to fit your savings strategy.
Jumbo Certificates of more than $10,000 can be purchased in 1, 2 or 5 year increments.
Direct Deposit - Simply send payments you normally receive by check directly to us, where they are automatically deposited into an account of your choice. It means convenience, safety, and added dividends for you.
Payroll Deduction - Available to any member whose company participates with Stark Federal Credit Union in the payroll deduction plan. You decide what amount you should save each payday and how it should be distributed among your other accounts or even deposited into accounts for your spouse and children. Money can also be designated for your Credit Union loan payments.
Centsible Savings - Centsible Savings rounds up your debit card transactions to the nearest dollar, effortlessly growing your savings account. Now, everyday purchases become the stepping stones to a brighter financial future!
Basic Savings, Sub Share, IRA Share, and Christmas Club Accounts
* APY=Annual Percentage Yield. APY may be lower than rate depending on the average daily balance in the account for the dividend period. Fees may reduce earnings. Rate subject to change. A member will lose dividends if the account is closed before accrued dividends are credited. Minimum balance of $200 is required to earn dividends. Each member account is insured to $250,000 by the NCUA. Dividends are paid quarterly. The dividend rate and annual percentage yield may change quarterly as determined by the Credit Union's Board of Directors. Call for current rates and information. Rates effective 01/01/2024.
*APY = Annual Percentage Yield. All rates are subject to change. Early withdrawal penalties apply if share certificate is closed before the end of maturity period. Minimum of $500 is required for other Growth Share Certificates and a minimum of $10,000 is required for Jumbo Share Certificates. Rates effective 2/20/24.
APY = Annual Percentage Yield. All rates are subject to change. Early withdrawal penalties apply if share certificate is closed before the end of maturity period. * Minimum of $5,000 is required for all 90 Day certificates. Minimum of $500 is required for other Growth Share Certificates and a minimum of $10,000 is required for Jumbo Share Certificates. Rates effective 2/20/24.
All rates are subject to change. There is a limit of three withdrawals per calendar month. Rates effective 2/20/2024
Money Market accounts are tiered rate accounts. For tiered accounts, once a particular range is met, the dividend rate and annual percentage yield for that balance range will apply to the full balance of your account.
4100 Dressler Rd. NW
Canton, OH 44718
Loan Dept.: 330.493.7602
Loan Dept. Fax: 330.493.1619
Cleveland Ave. Branch
3426 Cleveland Ave. NW
Canton, OH 44709
1281 S. Sawburg Ave.
Alliance, OH 44601
Minerva Area Federal CU Shared Branch
(Cash and deposits only)
3570 Union Ave. SE
Minerva, OH 44657