Competitive dividends on your balance
Institutional accounts
Institutional Savings
Plan for your organization's future with a savings account to designate funds and reach your goals.
Apply online →Institutional savings
Plan for your organization's future today
Plus, your organization's deposits are federally insured up to $250,000 per account.
Online banking and e-statements
Federally insured deposits
You can maintain multiple savings accounts
Institutional Savings Rates
Reference rates
Minimum opening deposit: $0. Rates shown are reference values — contact an advisor for current rates.
| Account | Balance | APY |
|---|---|---|
| Institutional Savings | All balances | 0.00% |
Requirements to open the account
An advisor will confirm the current requirements. These are the documents typically requested from organizations.
- Organization's articles of incorporation.
- EIN confirmation letter issued by the IRS.
- Recent board minutes identifying the authorized signers.
- Identification of the authorized signers.
National Credit Union Share Insurance Fund
Your deposits are federally insured by the National Credit Union Administration (NCUA), an independent agency of the United States Government, up to $250,000 per individual account.
Additional coverage
Additional coverage may be available through a private insurer for balances that exceed the maximum covered by the NCUA. Contact an advisor for current details.
Apply online
Complete the form below to start your application.
Frequently asked questions about Institutional Savings
What is an institutional savings account?
It's a deposit account for churches, nonprofit organizations, and businesses to designate funds toward their goals.
Can I have multiple savings accounts?
Yes. An organization can maintain multiple savings accounts for different purposes.
Can I add signers later?
Yes. An advisor will tell you how to update the authorized signers.
Do I need to be a member of Christian Credit Union to open this account?
An advisor will confirm the membership requirements when they receive your application.