Ellafi Federal Credit Union savings accounts are suited to all of life’s needs.
Our savings accounts are a great option for those looking for high yields, competitive interest rates and low minimum balances. Ellafi Federal Credit Union savings accounts also have low monthly maintenance fees and in some cases no fees at all. Online banking and mobile banking is available for all accounts which allows you to conveniently access your savings account and make transactions from anywhere, at any time. View our CT savings account options and find the right account to fit your life and needs.
- primary savings
Enjoy competitive dividends on your entire balance.
Learn More - Money Market Accounts
The more you save, the more interest you’ll earn.
Learn More - Certificates
Get the options you need to help your money start making money.
Learn More - Club Accounts
Save for life events, vacation, or the holidays year-round.
Learn More - HSAs
Save for unexpected medical expenses with competitive dividends.
Learn More - IRAs
Turn your retirement goals into concrete plans.
Learn More - saplings savings
Get on the right path to financial success early—this account is available exclusively to our youngest members, ages 17 and under.
Learn More
Ellafi Federal Credit Union Savings Account Benefits
- Free rewards checking accounts
- Visa® credit cards
- Free online banking
- Free mobile banking
- Free eStatements
- Financial counseling
- Access to all of our financial products and services
- $5.00 minimum deposit to open and maintain credit union membership
Make an appointment with our team in the branches!
Do you have questions about your account? Do you need to apply for a loan or a CT savings account?
If you schedule an appointment online, you can choose the time and date that works best for your schedule to come into our Meriden or Middletown, CT branch. You can avoid waiting in the lobby when you need financial help.
Compare CT Savings Accounts
| Primary Savings Account | Saplings Savings Account | |
|---|---|---|
| Annual Percentage Yield (APY) | 0% APY | 0.15% APY |
| Monthly Service Fee** | $5.50 Low Balance Fee** | $0 |
| Age | 18+ years | 0 – 17 years |
| Free Online & Mobile Banking*** | ✔ | ✔ |
| Free Online Statements | ✔ | ✔ |
| Automated Voiceline Banking | ✔ | ✔ |
| Direct Deposit Available | ✔ | ✔ |
*APY = Annual Percentage Yield
**All accounts maintaining an aggregate average daily balance of less than $350.00 during the month will be assessed a Low Balance Fee of $5.50/Month. Avoid a Low Balance Fee* with any of the following attributes: Accounts open for less than 90 days, Account holders with a Saplings Savings, Any open loans, Under age 18 (primary account holder), Open Active Share Draft account, Closed loans within the last 9 months, EFT deposit within the last 2 months, ACH payroll deposit within the last 2 months or Payroll Deposit.
***Standard message and data rates may apply. Refer to your communications service provider. Other restrictions apply.