Savings vs. Checking Accounts: Which Should You Use?

Peak Credit Union offers a variety of savings accounts to help you reach your financial goals. Our rates are always competitive, we offer free online banking, and all accounts are federally insured by the NCUA.
Certificates typically offer higher rates than traditional savings accounts when you commit to leaving your savings in a certificate for a specified period. Generally, the longer the period, the better the dividend rate is.
Our money market savings accounts give you a high-yield savings account with a minimum deposit of $1,000. The more you deposit, the more you can earn. It's a simple way to earn more from your savings.
If you have loans with Peak, you can earn rewards with our Level Up Savings Account.
Save to Win is a prize-linked savings account. Each $25 saved by you in a Save to Win certificate account earns you a chance to win monthly or annual prizes.
Developing sound financial habits is crucial for teenagers. Members 13 and older can open checking and savings accounts that provide them with debit cards, free checks, ATM access, and more.
Kids aged 12 and younger can learn the value of money and the importance of saving it with a Dollar Dog Kids Club Savings Account. It’s free to join and there are chances to win monthly cash prizes.
With regular contributions to an IRA at Peak Credit Union, you can open yourself to new possibilities – such as retiring early and comfortably or being prepared for your child’s college expenses.