A brighter financial future starts here.

A savings account is the foundation for achieving lifelong financial wellbeing and lets you put away money you don’t plan to spend right away in an insured account while earning interest and providing security. Open a savings account to become a Patelco member today.

As a member owned, not-for-profit financial cooperative, Patelco reinvests in our members with better rates and low- to no fees.

In fact, members with most of their banking relationships with Patelco received $1,652 in savings on average in 2021.2

Product Benefits

A coin being deposited into a piggybank.

Top-rated Mobile App and Online Banking

Access your accounts anytime from anywhere

Debit Mastercard® Card

Pay with confidence with Zero Liability Protection

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30,000+ Fee-free ATMs

Find one near you on our Mobile App

Set Up Alerts

Automate alerts such as direct deposits or low balances to stay on top of your finances

Unlimited Deposits

Set up monthly direct deposits or automatic transfers and grow your savings

A shield of protection.

Overdraft Protection for Checking

Link to your checking account and pay no overdraft fees

Savings & ScoreUp Savings

  Rates Effective 1/1/2020


Min. Balance



Dividends Paid

None $0.00 0.05% 0.05% Monthly
None $5,000.00 0.05% 0.05% Monthly
None $10,000.00 0.05% 0.05% Monthly
None $20,000.00 0.05% 0.05% Monthly
None $50,000.00 0.05% 0.05% Monthly
None $100,000.00 0.05% 0.05% Monthly

Emergency Fund Calculator

How much do I need to save for emergencies?

Frequently Asked Questions

Open your Savings Account in minutes
Start saving for a brighter future and enjoy all that a free Patelco membership has to offer.

1 APY = Annual Percentage Yield.

2 Annual and individual member figures are from the Credit Union National Association Membership Benefits Study in 2021. Assumed to have a $30,000, 60-month new auto loan, a classic credit card with an average balance of $5,000, a $200,000, 30-year fixed rate mortgage (a 30-year fixed rate mortgage is replaced with a 5-year adjustable rate mortgage if it yields a greater benefit as it is assumed more in demand), $5,000 in an interest-bearing checking account, $10,000 in a 1-year certificate account, and $2,500 in a money market account.

3 Savings and ScoreUp Savings have the same rates, reflected above. A ScoreUp Savings Account is opened in conjunction with a ScoreUp Credit Builder Loan.