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Student Savings
Start saving for your future now with a Credit Union Student Savings Account. You'll earn a high rate of return while saving for your next goal.

Choose Your Savings Account Wisely...
With South Florida Educational Federal Credit Union you can:
  • Start saving with as little as a $5.00 minimum balance requirement.
  • Your account begins to earn dividends once you have a balance of $100.
  • You won't need to worry about monthly service charges or withdrawal limits, since we have none!
  • You'll be able to view your account online and receive your quarterly statement by mail for FREE, so that you can keep track of your deposits and withdrawals.
  • Dividends are compounded daily and credited to your account quarterly.
  • All savings accounts earn dividends and are federally insured to at least $250,000 by the National Credit Union Administration (NCUA), a U.S. Government Agency.
Setting Your Goals and Establishing a Budget.
We've all heard the expression "A penny saved is a penny earned," but just how many pennies do you need to save and for how long to get your savings on the right track?
Every Penny Counts!
Saving this much weekly
In 6 months
In 1 year
In 5 years
In 10 years
In 20 years
$1.00
$26.00
$53.00
$273.00
$576.00
$1,279.00
$5.00
$131.00
$262.00
$1,367.00
$2,879.00
$6,395.00
$10.00
$261.00
$525.00
$2,735.00
$5,757.00
$12,789.00
$20.00
$523.00
$1,051.00
$5,470.00
$11,515.00
$25,579.00
$50.00
$1,307.00
$2,627.00
$13,675.00
$28,787.00
$63,947.00
$100.00
$2,614.00
$5,253.00
$27,349.00
$57,575.00
$127,894.00

* Chart reflects compounded dividends paid on savings at the rate of 2.00% APR (Annual Percentage Rate).

Find out how you can become a member today!

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