Maximize your Money with CASFCU

September 16, 2025

Share Accounts

The first step to becoming a CASFCU member is opening a Share Account. This savings account is a great way to not only establish membership, but also earn dividends on your daily balance. Open an account with only $25 for a simple and stress-free start to your savings journey. If you are currently a member, you have a savings account already.

Money Market Account

Want to level up your savings? Money Market Accounts are a great way to increase your earnings and keep your convenience. These accounts start with a minimum balance of $2,500, but offer a higher dividend than your basic savings account. The more you save, the more interest you’ll earn! Unlike other high-yield accounts, you’ll always have access to your money.

Share Certificates

Saving for any big upcoming purchases? Our Share Certificate accounts might be the right choice for you if you’re looking for increased earnings over a set period of time. You won’t be able to access your money until the end of the set term when you receive your returns. With terms ranging from 6-30 months, you can open multiple accounts with different maturity dates to stagger your dividend disbursement.

Individual Retirement Accounts

The earlier you start, the better! Contributing what you can to a retirement account now is better than waiting, because whatever small earnings you make now will continue to grow and multiply itself through the years. Time and compound interest are key factors on your side with an IRA. CASFCU offers three different types of IRA accounts to help you maximize your retirement portfolio.

Traditional IRA

Even if you are contributing the full amount toward a 401k with an employer, you can still max out your IRA contribution limits on top of that. Total yearly contributions across IRA accounts may not exceed your annual income.

• Contributions may be tax deductible

• Deposits grow tax-deferred until withdrawn

• Withdrawals are taxed as income

• Required minimum distribution starts at age 73

Roth IRA

If you earn less than $150,000, and combined with your spouse less than $230,000 filing jointly, you may be eligible to contribute to a Roth IRA.

• Deposits grow tax-free

• Tax-free qualified withdrawals

• Not required to withdraw funds at a certain age

IRA Certificates

If you’re looking for a guaranteed fixed rate of return with lower risk, an IRA CD is a great choice. Keep in mind that while CDs come with less risk, they may not provide as high of a return compared to other IRA accounts.

• Commit your IRA account for 30 months to earn a competitive market rate

• Open an IRA Certificate with as little as $2000

• Open multiple IRA Certificates to stagger their maturity dates

Payroll Deduction

One of the biggest roadblocks to reaching your financial goals can often be as simple as remembering to set aside savings or make your loan payments each month. Payroll deduction allows you to allocate a portion of your paycheck to a specific CASFCU account or loan of your choosing. Call or stop by to set up payroll deduction today to start maximizing your earnings!