Skyward Credit Union Savings Accounts
We pay some of the highest rates in the area! Just take a look at your options:
Regular Share Savings
Skyward Credit Union Share Savings Account
Reach new heights with exceptional dividends! A share savings account represents your “share” ownership in the Credit Union. A minimum deposit of $5.00 is required to maintain your Skyward Credit Union membership. This is the first step to open the door to all that Skyward Credit Union has to offer. Dividends are calculated on your daily balance and paid quarterly to your account. We pay some of the highest savings rates in the area. Skyward Credit Union membership is open to current and former employees of Textron Aviation, its predecessors and successors including but not limited to:
- Cessna Aircraft Company, Beechcraft Corporation, Raytheon Aircraft Company, Beech Holdings, Cessna/Textron Finance Company, IMF, TRU Simulation, Flight Safety International, Yingling Aircraft Co., and any member of such person’s (as defined above) immediate family or household even if the eligible member has not joined the credit union. Immediate family is defined as: parents, grandparents, children, grandchildren, siblings, step-parents and step-children. See a more complete list here.
To learn how to join Skyward CU, follow this link.
Are you nervous about how you’ll cover your holiday shopping expenses this year? Consider a Christmas Club Account, a way for you to save throughout the year while earning higher dividends than a regular savings account can offer. Members who work for Textron Aviation can conveniently transfer funds automatically from their paycheck into a Christmas Club Account. Christmas Club Account balances earn dividends every quarter. On November 3rd of each year, your Christmas Club savings are moved to your regular savings account. All that’s left for you to do is shop – without the stress!
Once you’re ready to start saving with a Christmas Club Account, simply call Member Services at 316-517-6578. To see our current Christmas Club Account rates, click here.
Have you been putting off that big trip because you just don’t have enough money set aside? Let us help you make that dream trip a reality with a Vacation Club Account! Set money aside in your Vacation Club Account throughout the year and earn a higher dividend than a normal savings account can offer. Members who are Textron Aviation employees can even have money set aside in their Vacation Club Account from each paycheck with convenient automatic transfers. Vacation Club Account balances earn quarterly dividends. On May 1st, your funds will be made available via an automatic transfer to your regular savings account.
Once you’re ready to start your Vacation Club Account, simply call Member Services at 316-517-6578. In no time you’ll be relaxing on the trip of a lifetime!
Aviator’s Crew Savings Account
A Club Especially for Youth Through Age 17
Skyward Credit Union wants to help teach our young members to develop wise spending habits and start a foundation of good money management. As a member of the Aviator’s Crew Club, you will appreciate the special learning opportunities that can be found on Googolplex and Biz Kids.(see below)
We have a special checking account for our Youth members called Skyhawk Checking. You must have a parent or guardian as your joint owner to open your account. You can even get a Visa Debit Card – and it’s free! See Member Services to open your account.
Catch Biz Kids – Thursdays at 5:00 on KPTS – Channel 8!
Biz Kid$ is a half-hour weekly television series that educates kids about money and business. Each of the 26 episodes features compelling stories about real-life kid entrepreneurs and reinforces the importance of budgeting, saving, and giving back to the community. Young people host each episode bringing different cultural backgrounds and life experiences to their quests for financial information. The objective of the series is to empower young viewers to take charge of their financial futures. BizKid$ is produced by the creators of the Emmy award-winning “Bill Nye the Science Guy.” Skyward Credit Union is proud to be a “Partner” sponsor for this program. We encourage our youth members, and their families, to tune in and learn about money and saving.
Individual Retirement Accounts
IRA – Individual Retirement Accounts
IRA Share Accounts bear competitive rates and the flexibility to add funds as you like. Our Fixed Rate Certificate Accounts have a fixed term and fixed rate yielding great earning potential. Skyward Credit Union offers IRA Share Accounts as well as Fixed Rate Certificate Accounts for each of these IRA products:
- TRADITIONAL – Before tax dollars invested and taxable at withdrawal, known as tax deferred.
- ROTH – After tax dollars invested with tax free withdrawal opportunities, no taxes on gains.
- EDUCATIONAL – An excellent way to pay for college expenses, no taxes on gains, limited to $2000.00 annual maximum deposit.
Looking for a Good Rate on a Certificate? Skyward Credit Union’s rates are some of the highest rates in the area. High-yielding Certificates are offered for various terms, generally ranging from 6 months to 5 years. Most Certificates require a minimum deposit of $1000.00. Call 316-517-6578 for more information or stop by any of our branches to open your Certificate today. Check out our current rates on Certificates.