Savings Accounts
Build your savings with flexible account options designed around your goals, along with digital banking tools, monthly dividends, and the trusted support you expect from KCU.
Flexible Savings for Every Goal
Grow your savings with flexible account options, competitive rates, and easy digital access anytime. Plus, your federally insured savings give you added confidence while you work toward what’s next.
Compare Four Smart Ways to Save
- No service charge
- Minimum balance required
Primary Share
Opening a Primary Share Savings Account makes you a KCU member and gives you a dependable place to start building your savings.
Fair Share
Designed for members looking to grow their savings further, Fair Share offers higher dividend rates while keeping your money accessible when you need it.
Christmas Club
Save throughout the year for holiday shopping, travel, celebrations, and seasonal expenses with a Christmas Club Savings Account. Open an account anytime and build your holiday savings throughout the year so you’re ready when the season arrives.
Saver's Sweepstakes
Grow your savings while earning chances to win cash prizes each month. With Saver’s Sweepstakes, every eligible deposit helps you build healthy savings habits while giving you the opportunity to win cash prizes on top of monthly dividends.
Kohler Credit Union also holds exclusive quarterly and annual drawings where members have chances to win even more. The more you save, the more chances you have to win.
- Monthly Winners: $100
- Quarterly Winners: $1,000
- Grand Prize (Yearly): $5,000
SAVER’S SWEEPSTAKES® ACCOUNT TRUTH IN SAVINGS DISCLOSURE
The sweepstakes is open to Wisconsin, Illinois and Minnesota residents only and is a statewide drawing. Fiduciary and business accounts are not eligible. Entries are tallied for the primary owner on the account with a maximum of six entries per month. Entries are earned based on month-over-month increases in the Saver’s Sweepstakes account balance. Chances of winning are determined by the number of total entries per drawing. Account withdrawal could impact your total number of entries. A closed account will result in the forfeiture of all sweepstakes entries. Other restrictions may apply. Federally insured by the NCUA. Membership eligibility and membership is required.
Compare Savings Accounts
| Deposit Type | Minimum Balance** | Dividend Rate | APY* | Dividend Period |
|---|---|---|---|---|
| Primary Share (and secondary shares) | $5.00 | 0.10% | 0.10% | Monthly |
| Fair Share‡ | < $2500.00 | 0.10% | 0.10% | Monthly |
| Fair Share‡ | $2500.00 | 0.35% | 0.35% | Monthly |
| Christmas Club | $0.00 | 0.25% | 0.25% | Monthly |
| Saver's Sweepstakes | $0.00 | 0.10% | 0.10% | Monthly |
Explore Our Savings Calculators
Resources for Saving
Ready to Start Saving & Become a Member?
Opening your savings account is easy. Just have the following ready:
Ready to Switch to KCU?
Moving from another financial institution? Our Switch Kit includes simple forms, checklists, and step-by-step guidance to help you transfer direct deposits, automatic payments, and recurring transactions with confidence.
Support for Every Financial Goal
Checking Accounts
Flexible account options, digital banking tools, and debit card access help you stay connected to your money every day.
Certificates
Secure, dependable savings with guaranteed rates and flexible terms designed around your future goals.
Money Market Accounts
Earn higher dividends while maintaining convenient access to your savings for added flexibility and peace of mind.
IRAs
Plan ahead with an IRA that offers tax‑deferred growth and the power of compounding, helping your retirement savings grow over time.
Savings Accounts
Frequently Asked Questions
Need a hand? We're here.
What is a savings account?
A savings account is a secure account used to store money while earning dividends over time. Kohler Credit Union savings accounts help members build financial stability, save for future needs, and keep funds accessible when they need them.
What is the difference between a checking and savings account?
A checking account is designed for everyday spending, purchases, bill payments, and frequent transactions. A savings account is designed to help you store money, earn dividends, and build savings over time while keeping funds accessible when needed.
How much money do I need to open a savings account?
Opening a savings account at Kohler Credit Union typically requires a small initial deposit to establish your membership. Once opened, your savings account gives you access to membership benefits, financial products, and services designed to help you manage and grow your money.
Can I have multiple savings accounts for different goals?
Yes. Kohler Credit Union allows members to open multiple savings accounts to help organize money for different goals, such as emergencies, vacations, holidays, or major purchases. Separate savings accounts can make it easier to budget, track progress, and stay focused on each goal.
How often are dividends paid on savings accounts?
Dividends on Kohler Credit Union savings accounts are typically calculated daily based on your account balance and paid monthly. This helps your savings grow over time while keeping your funds accessible when you need them.
What is a Primary Share Savings Account?
A Primary Share Savings Account is the foundational savings account that establishes your membership with Kohler Credit Union. It lets you save money, earn dividends, and access additional financial products and services available to Kohler Credit Union members.
What is a Fair Share Savings Account?
A Fair Share Savings Account is designed to help members build consistent savings habits while earning dividends. By meeting simple monthly requirements, you can grow your balance over time and strengthen your savings routine with Kohler Credit Union.
What is the difference between a savings account and a Christmas Club account?
A savings account lets you deposit and withdraw funds year-round, while a Kohler Credit Union Christmas Club account is designed specifically for holiday savings. Christmas Club funds are distributed on October 1, helping members budget for seasonal expenses before the holidays.
Should I use a Christmas Club or a regular savings account for holiday spending?
A Kohler Credit Union Christmas Club account may be best if you want structured savings specifically for holiday expenses. A regular savings account may be better if you want more flexibility to deposit, withdraw, and use funds throughout the year.
What is the difference between a savings account and Savers Sweepstakes?
A savings account helps you earn dividends on your balance, while the Kohler Credit Union Savers Sweepstakes adds a prize-drawing incentive for eligible savings activity. With Savers Sweepstakes, qualifying deposits can earn entries for a chance to win cash prizes while you save.
What is a Christmas Club savings account?
A Christmas Club savings account is a seasonal savings account that helps you set aside money throughout the year for holiday expenses. Kohler Credit Union distributes Christmas Club funds on October 1, giving members time to budget before the holiday season.
How does a Christmas Club account work?
A Christmas Club savings account works by letting you make regular deposits throughout the year for holiday expenses. Kohler Credit Union releases the funds near the holiday season, helping members budget for gifts, travel, and other seasonal costs.
What is the Savers Sweepstakes program?
The Savers Sweepstakes program rewards Kohler Credit Union members for building their savings. Each qualifying deposit into an eligible savings account can earn entries into prize drawings, giving members a chance to win cash while continuing to save.
Can I withdraw money from my savings account anytime?
Yes. You can withdraw money from your Kohler Credit Union savings account, though transaction limits may apply depending on the account type. Members can also transfer funds through available banking options when they need access to their savings.
How do I enter the Savers Sweepstakes?
You can enter the Savers Sweepstakes by making qualifying deposits into an eligible Savers Sweepstakes savings account. Each qualifying deposit can earn entries into prize drawings, helping you build your savings while giving you a chance to win cash.
Is my money safe in a savings account?
Yes. Funds in Kohler Credit Union savings accounts are federally insured by the NCUA, a U.S. government agency, up to applicable limits. This protection helps keep your money secure while your savings continue to grow.
Why choose a credit union for savings?
Choosing a credit union for savings can give you access to member-focused service, competitive dividend rates, fewer fees, and savings options designed around your goals. Kohler Credit Union helps members build savings with personalized support and accounts for everyday needs, emergencies, and long-term goals.
What are the benefits of saving with Kohler Credit Union?
Saving with Kohler Credit Union gives members access to a variety of savings accounts, competitive dividends, and programs that encourage consistent saving habits. With local service and a member-first approach, Kohler Credit Union helps members build savings for everyday needs, emergencies, and long-term goals.
APY is accurate as of April 1, 2026 the last dividend declaration date.
Rates may change after the account is opened. Maintenance or activity fees could reduce the earnings on the account. Membership is required.
* APY equals Annual Percentage Yield.
** Minimum balance required to earn the advertised APY.
‡ $2,500 minimum balance required to open a fair share savings account.