More Than Just a Savings Account
Your journey with OAS FCU starts here. With just a $5 deposit, you don’t just open a savings account—you become a member-owner of a credit union built around you. This is where your financial goals begin to take shape.
Simple Savings;
Big Rewards
Opening a Share Savings account means owning a piece of OAS FCU — and that ownership comes with real power. As a member-owner, your voice matters. We’re not here to chase profits; we’re here to help you build wealth. That’s why we offer competitive dividend rates, and why you get access to perks like nationwide shared branching and no hidden fees.
Why our share savings works for you
- Open multiple share savings within your membership—each with its own nickname—so you can save for every goal, big or small.
- Watch your money grow faster with competitive dividend rates and no withdrawal penalties.
- Make deposits anytime, anywhere—through our Mobile App, at shared branches, in person, or by mail.
- Enjoy 24/7 access to your savings with Online Banking or the Mobile App—check balances, schedule transfers, and track your progress from anywhere.
- Forget monthly fees—they simply don’t exist here.
- Transfer funds easily between your OAS FCU accounts or to external accounts1 when you need flexibility.
- Bank with confidence knowing you’re part of a trusted, stable credit union that puts members first.
Ready to take control and reach your savings goals faster?
FAQs
You can open a Share Savings account with as little as $5 — the value of your share that makes you a member-owner. There is no minimum balance requirement beyond keeping this $5 share in your account to maintain your membership.
To make your initial deposit and become a member, you can use a debit card from most U.S. or international banks2. Once your membership is active, you can add money to your Share Savings — or to any additional account you open — anytime through:
Online Banking or the Mobile App, including Remote Deposit for U.S. checks
Transfers from your OAS FCU accounts
Wire and ACH transfers
Transfers from linked external U.S. bank accounts1
Shared branches within the CO-OP Network
Any OAS FCU branch
You can also mail a check or set up payroll deposit.
If you want to open an additional savings, club, Round-Up, Share Certificate, or IRA account, you can do so securely online or by visiting a branch.
Absolutely. You can open multiple Share Savings accounts within your membership, each with its own nickname in Online Banking or the Mobile App. This lets you organize your savings by goal — travel, emergency fund, holidays, or anything you want — all in one place and easy to manage.
Dividends are calculated daily using the daily balance method — applying a small rate each day to your balance and any dividends earned. Then, we credit dividends to your account every quarter at the end of your statement cycle.
You can deposit or transfer funds anytime via our Online Banking or Mobile App — which includes a remote deposit feature to deposit checks that were emitted in U.S. Dollars ($USD). You can also visit any of our branches or convenient shared branches in person, or transfer money using your OAS FCU account or a linked external account1 within Online Banking.
There are no penalties for withdrawals, but frequent withdrawals may reduce your dividend earnings.
You can open a Share Savings account online through our Online Banking, by visiting any branch, or by contacting our Member Services team who will guide you through the process.
Yes, all your deposits are federally insured by the NCUA up to $250,0003.
Disclosures
-
Transfers to and from external institutions require setting up an authorized external transfer account through Online Banking. This process includes a micro-deposit verification step, which may take up to 5 business days. Only domestic (U.S.) financial institutions are eligible. Routing number requirements, ACH eligibility, and processing times may vary by institution.
-
All funding is processed in U.S. Dollars ($USD). Eligible debit cards must meet issuer and network requirements, and some financial institutions or card issuers, particularly international banks, may decline transactions, apply exchange rates or conversion fees, or impose transaction blocks based on their own policies. These behaviors are outside the control of OAS FCU and its third-party service providers.
-
Your deposits are insured through the NCUA Share Insurance Fund, which protects share accounts such as Share Savings, Share Draft, and Share Certificates, dollar for dollar including principal and posted dividends, up to the applicable insurance limits. Insurance coverage is based on the ownership category (for example, individual, joint, retirement, and certain trust accounts) and may allow coverage greater than $250,000 depending on how accounts are structured. The Share Insurance Fund is backed by the full faith and credit of the United States. For details and examples of coverage based on ownership type, please review the NCUA Share Insurance resources or contact us for assistance.