When you join a credit union, your savings is the key that unlocks a whole world of valuable financial resources. Open your Base Savings account when you become an Andrews Federal member. Then, chose additional valuable options that help you save, reach your goals, and prepare for the future.
Unlock more opportunities to make the most of your money. It all starts with a Savings Account.
High-Yield Savings Account
Our best savings rate helps you achieve your financial goals
- 4.25% APY* on balances up to $250,000
- Pays an exceptional rate on your savings
- Offers flexibility to access and use your funds when needed
- No minimum balance to open
- Complements the base share savings account as an additional account
Online Savings Account
Jumpstart your savings with a higher rate on your first $1,000
- New special limited time offer
- Earn high dividend rates during the promotional period
- No minimum balance to open
- Complements the base share savings account as an additional account
- Must be opened through Digital Banking to qualify for the special rate
- This is a tiered account that offers a higher promotional rate on the first $1,000
- New members - Open your membership account first and enroll in Digital Banking. You can then open an Online Savings Account in Digital Banking.
- Existing members - Open your account in Digital Banking. Need to enroll? Enroll now.
Kasasa Saver® Account
Maximize Your Savings With Kasasa Saver1
- Free account that builds your savings effortlessly
- Links to free Kasasa Cash® or Kasasa Cash Back® checking
- Automatic transfers of Kasasa Cash or Kasasa Cash Back earnings
- 2.00% APY* on balances up to and including $100,000
- 0.50% APY* on balances over $100,000 depending on balance in account
- 0.05% APY* on all balances if qualifications are not met in Kasasa Cash or Kasasa Cash Back
- No monthly maintenance fee, no minimum balance to earn rewards, and $0 minimum deposit to open
Base Share Savings
Become a member
- Open an account for $5
- It's easy to open an account online
- Your savings account represents your share in Andrews Federal Credit Union
- Access your accounts 24/7. Our mobile banking app is for that.
Planners' Savings Account
Earn dividend payments
- Must have a Base Share Savings Account to open a Planners' Savings Account
- An average daily balance of $100 is required to earn dividends in any month
- Easy access to your account via Online Banking, Mobile App, and through the surcharge-free nationwide ATM network
- New members - Open your membership account first and enroll in Digital Banking. You can then open a Planners' Savings Account in Digital Banking.
- Existing members - Open your account in Digital Banking. Need to enroll? Enroll now.
Individual Retirement Account (IRA)
Trust us, your future self will thank you
- Get started with as little as $5
- No account maintenance required - contribute whatever you can afford
- An average daily balance of $100 is required to earn dividends in any month
- Access to these accounts is restricted and U.S. Internal Revenue Service withdrawal and contribution limitations apply
- Funds are insured for $250,000 by the National Credit Union Insurance Fund, an arm of the National Credit Union Administration
Roth IRA Savings
Watch your money grow tax-free and take withdrawals without penalty
Start saving for retirement at any age, as long as you have earned income
- A retirement savings account that provides tax-free growth on your investments
- Contribute up to $6,500 per year ($7,000 if you are over age 50)
- Yearly contributions may not be deductible, but you can make withdrawals tax-free
- Begin making withdrawals after 5 years of having an active Roth IRA and as early as age 59 ½
- Otherwise, access to these accounts is restricted, IRS withdrawal and contribution limits apply
- Funds are insured for $250,000 by the National Credit Union Insurance Fund, an arm of the National Credit Union Administration
Holiday Club Account
Don't let the holidays surprise you
- Variable interest rate means your earnings could rise or fall over the course of the year
- Your money will become available annually on November 1st, just in time for shopping season
- New members - Open your membership account first and enroll in Digital Banking. You can then open a Holiday Club in Digital Banking.
- Existing members - Open your account in Digital Banking. Need to enroll? Enroll now.
Vacation Club Account
Save year-round for your next trip
- Travel debt free after you've reached your savings goal
- Schedule automatic transfers to secure your travel funds
- Your money will become available every year on May 1st
- New members - Open your membership account first and enroll in Digital Banking. You can then open a Vacation Club Account in Digital Banking.
- Existing members - Open your account in Digital Banking. Need to enroll? Enroll now.
STILL HAVE QUESTIONS?
Yes, similar to the way that FDIC insurance protects bank customers' deposits, the NCUA (National Credit Union Administration) protects credit union member deposits up to $250,000 for each individual depositor. For additional information about NCUA's share insurance, visit mycreditunion.gov.
Our routing number is 255074111.
Generally, no. However, we do reserve the right to limit the amount, type or frequency of withdrawals or transfers from any of your accounts. If we do impose such a limit, we will disclose such in our Truth in Savings disclosure, and/or at the time you attempt to make your withdrawal or transfer.
You will need two forms of state-issued identification, including one primary form such as a state-issued ID, Passport, and/or Military ID. The second form of identification can be a Social Security card, Student ID, Birth Certificate, Permanent Resident Card, Auto Insurance Card, and/or a Credit Card. If your state-issued identification does not have your current physical address, you will need to show proof of current address with another form of identification, such as current utility bill or current bank or mortgage statement.
You must retain a minimum of $5 in your base share savings account.
To update your address, phone or email address, log into digital banking go to 'Settings', and then go to 'Manage Contact Info'.
You may visit any of our branch locations to complete the necessary paperwork. You may visit our IRA page under the "Savings" section of this website for an IRA beneficiary form.
To remove a joint owner, close the account and open a new one.
Rewarding Checking
Kasasa Cash Checking
We’re always looking for ways to give you more. That includes our outstanding checking options powered by Kasasa. With Kasasa Cash Checking, you can earn higher dividends on your checking account balances — up to 6.00% APY. And, you’ll continue to have access to all the best benefits that come standard with Andrews Federal membership, including Early Direct Deposit, mobile check deposits, Digital Banking access and more.
*APY = Annual Percentage Yield.
View Monthly Qualification and Statement Cycles.
1. Kasasa Saver Account: Must be a member of the credit union to open any deposit account. Membership eligibility required. Advertised 2.00% APY* available for balances up to $100,000. Balances below cap will earn 0.05% APY. A Kasasa Cash or Kasasa Cash Back account is required to have a Kasasa Saver account. A Kasasa Saver account can be linked to a Kasasa Cash or Kasasa Cash Back account, to automate transfer of checking account rewards for automatic savings. Visit andrewsfcu.org/kasasa for full details of qualifications, rates, rewards, fees, account specifics and restrictions. No minimum deposit or minimum balance is required to open or maintain the account. A monthly ACH debit/credit, and enrollment in online banking and e-statements are required for this account. Limit of one account type per member. There are no recurring monthly maintenance charges or fees to open or close this account. This account is not to be used for commercial purposes. If the account is closed, you will forfeit any rewards that have not been credited to your account. Advertised information and rewards are based on all account qualifications being met during each cycle period.
Kasasa, Kasasa Cash, Kasasa Cash Back and Kasasa Saver are trademarks of Kasasa, Ltd., registered in the U.S.A.
Andrews Federal Credit Union is a full-service financial institution with stateside locations in Washington, D.C., Maryland, Virginia and New Jersey, as well as overseas locations in Germany, Belgium and the Netherlands.