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At Nassau Financial, we can help you meet your savings goals with the type of account that suits your style and goals. Everything you could want from a full-service financial institution is right here! Open an account now.


Savings Account

Simply open a Savings Account with a minimum deposit of $5, and you instantly become a valued member of Nassau Financial. This small deposit buys you one share of ownership in the Credit Union, giving you full voting rights and access to everything we offer.

  • Savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. government agency.
  • Dividends (interest) paid and compounded quarterly.

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Savers Pro

Savers Pro: From age 0 – 22, Savers Pro has features that appeal to every age:

  • High-interest rate on balances up to $2,000
  • $10 cumulative coin match per month
  • Parental Mobile Banking options
  • Free Debit Card for easy access to balances, age 12+
  • Free Kasasa Checking, age 12+
  • And more!

Our Savers Pro Account will grow with your child, from birth through college. We’ll even deposit the first $5—stop by a branch to open a Savers Pro Account today.


APY=Annual Percentage Yield. Rates and offers subject to change without notice. Account eligibility applies. An adult age 18+ must be on the account with the minor. UTMA/UGMA not eligible. New share accounts only. Limit one Savers Pro Account per Member. Cannot have Savers Pro and Kasasa Saver on the same account. Earn 3% APY on the first $2000, for ages 0 – 22. Must meet qualifications to earn APY on balances up to $2,000; standard dividend rate applies otherwise. Dividends compounded and credited quarterly. Refer to rate chart for current rates. Must have Kasasa Checking Account age 12 or above to earn promotional rate. One Savers Pro Account and one Checking Account per Member. Savers Pro coin match is a maximum cumulative deposit of $10 in a month, matched penny to penny, and cannot be carried over month to month. Kasasa Checking Account minimum age required is 12 years old and includes a Debit Card for both the youth and the parent. Initial $5 minimum opening deposit is provided to Savers Pro Youth Savings Members as a special account opening offer, and is subject to change without notice. During any month, withdrawals or transfers are limited to no more than six per month; exceeding this transaction limit may result in account closure. Kasasa Checking has no minimum opening deposit. Refer to the Kasasa Checking Account Product description on NassauFinancial.org for additional disclaimers. Membership open to those who live, work, worship, volunteer, or go to school in Nassau County, NY.
 

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Certificates

Looking for a higher rate of return on your money? Consider a Certificate Account - without the risks typically associated with many investments. It can be opened as a regular or IRA Certificate and makes it possible for a saver with at least $1,000 to earn high dividends. In fact, our rates historically have been some of the best in the marketplace. Our Certificate Accounts offer a high fixed annual percentage yield (APY) and terms from 3 to 60 months. With our 24-month and 36-month Bump-Up Certificates, you can bump up your rate one time during the term of the Certificate to the then prevailing corresponding term Certificate rate.

  • Only $1,000 needed to earn high dividends.
  • High Annual Percentage Yields (APY).
  • Regular and IRA Certificates available.
  • Terms from 3 to 60 months.
  • Bump-up to a better rate with our Bump-Up Certificates.

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Holiday and Vacation Club Accounts

  • Save for holiday bills or a dream vacation the safe and easy way.
  • Competitive dividends.
  • Holiday Club funds automatically disbursed to your Savings or Checking Account the first weekend of October allowing ample time for shopping.
  • Holiday Club automatically renews each year.
  • Holiday Club provides one withdrawal per year at no charge.
  • Vacation Club provides up to four withdrawals any time throughout the year at no charge.

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Saver's Edge Money Market

Want to set aside funds and earn a higher dividend rate than a Savings Account, all while still having the funds fully accessible? Our Savers Edge Money Market is for you.

  • Tiered-structure provides higher annual percentage yield as balance reaches different levels.
  • Earn the regular Savings dividend rate if balance falls below minimum.*
  • Write up to six checks per month at no charge.**

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*A fee applies if your balance drops below $2,500.

**A per item fee of $10 is charged for each additional check per month. Federal regulations limit transfers to six per month.


Individual Retirement Accounts

Looking for long-term savings for your future? We've got options for you to choose from. Each type of account can offer substantial tax savings; consult with your tax advisor. Traditional IRAs and Roth IRAs are separately insured from other accounts for up to $250,000 by the National Credit Union Administration (NCUA).

Traditional IRA

Offers immediate tax benefits, with contributions and/or earnings tax-deferred until retirement. IRAs separately insured from other accounts for up to $250,000 by the National Credit Union Administration (NCUA).

Roth IRA

  • Funds you contribute grow tax-deferred.
  • IRAs separately insured from other accounts for up to $250,000 by the National Credit Union Administration (NCUA).

SmartSaver IRA

  • With our unique tiered structure, the more you save, the more you earn.
  • IRAs separately insured from other accounts for up to $250,000 by the National Credit Union Administration (NCUA).

Coverdell Education Savings Account (CESA)

  • A great way to save for a child's elementary, secondary, and/or college education.
  • Contribute up to $2,000 per year for each beneficiary.
  • Money grows tax-deferred until withdrawn.

Federal Savings Insurance

All member deposits are federally insured, in the aggregate, up to at least $250,000 by the National Credit Union Administration (NCUA) a U. S. government agency, through a government-backed federal insurance fund known as the National Credit Union Shared Insurance Fund (NCUSIF) and are backed by the full faith and credit of the United States Government.

  • Joint member accounts are insured separately from individual accounts up to a maximum of $250,000 per account holder.
  • IRAs receive separate $250,000 insurance coverage.
  • Share Insurance Estimator: The National Credit Union Administration's Share Insurance Estimator lets members know how its share insurance rules apply to member share accounts. Follow the link to learn more.

You can trust your savings are safe with us:

  • We are a member-owned, member-controlled, not-for-profit financial institution. Member ownership and control are what make credit unions unique, offering higher dividends (interest) and lower loan rates.
  • We have been soundly providing a full range of financial services to Nassau County since 1936.
  • We do not, and have never, engaged in sub-prime or other types of risky mortgages.
  • Our Annual Report is available anytime here or you can pick up a copy at any of our branches.

APY= Annual Percentage Yield. Rates are subject to change without notice. Important Notes: Fees could reduce the earnings on accounts. For a listing of current fees imposed by the Credit Union click here. On variable rate accounts the rate may change after the account is opened. Variable rates are accurate as of the date shown immediately above the respective rate table or are prospective dividend rates for the current dividend period. Fixed rates are accurate as of the date shown immediately above the respective rate table. A penalty may be charged for early withdrawal from Share Certificates. 4 One time Bump-up option during the term to change the dividend rate to the then current rate of the 24 Month or 36 Month Regular Certificate as applicable.  $500.00 for Coverdell Education Savings Account Certificates.