Savings Accounts Options

Secure savings accounts, competitive yields

At RBFCU, we offer products that make your life easier. With just $1, you can open a savings account to establish membership and have access to many options for your funds.

Savings
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Classic Money Market
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Choice Money Market
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Certificate (1-year)
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RBFCU also provides specialized savings options, including interest on lawyer trust accounts (IOLTAs), Texas Uniform Transfer to Minors Act accounts (TUTMAs) and trusts. If you are interested in opening one of these accounts, please contact our specialized accounts team.

Savings Calculators

  • How long will it take to reach my savings goal?
  • How long will it take to save for a purchase?
  • Should I pay off debt or invest in savings?
  • What is it worth to reduce my spending?
  • How long will it take to become a millionaire?

Savings FAQs

  • What happens if I exceed six transfers from savings per month?

    You can complete as many transfers as you like each month in person, but federal regulations limit the number of “convenience” (not in person) transfers from savings to six monthly. After the sixth transfer, the item presented to pay from the savings account is an EFT/ACH, it may be paid as exception, but a fee will be charged. If the item is presented against the checking account and you have set up the savings as overdraft protection, the checking account item maybe returned unpaid or paid using Courtesy Pay (must be opted in).

    For more information, read “What You Need to Know About Overdraft Protection.”

  • How do I qualify for membership with RBFCU?

    There are several ways to qualify for membership with RBFCU. Common ways to qualify for membership include your employer, place of worship, community organization, neighborhood or school. You may also qualify through immediate family members who are part of the credit union (spouse, children, parents, siblings, stepchildren, adopted relatives, etc.). You can complete a short online application to see if you qualify for membership.

    If you are unable to qualify through any of the options listed above, you may contact us and our member service specialists can help you determine if there are additional opportunities to qualify.

  • Why do I have to qualify for membership?

    Unlike banks that are open to anyone, laws require credit unions like RBFCU to have a defined field of membership, which means you have to be a member to access the products and services credit unions provide. There are a variety of ways to qualify based on where you work, live, worship or attend school. When you become a member of RBFCU, you take advantage of lower loan rates, higher dividends on deposits and lower fees.

  • How do I download the RBFCU Mobile app?

    To download the RBFCU Mobile app:

    For full app functionality, please ensure your device is running the latest software.

  • Why am I being asked for my ID on all transactions?

    In order to protect you and your account, RBFCU must identify the transacting person on an account each time a transaction is made.

Photo ID required for all transactions at any RBFCU branch.