Basic Savings Account
Our standard savings account, and the start of every membership at orsa!
Basic Savings Account Details
Basic, not boring
Don’t let the name fool you—our Basic Savings is still so much more than a traditional savings account.
Account Details
- Only $5 to open
- All members receive a basic savings account with orsa credit union membership
- $100 minimum to earn dividends
- Can be set up as overdraft protection for your CloseEnuff™ checking account
- Electronic Funds Transfers (EFT)
Basic Savings Accounts
Date Updated Jan 5, 2026
Minimum to Open | Minimum to Earn Dividends | Dividend Rate | APY* |
|---|---|---|---|
Basic Savings |
|
|
|
$5 | $100 | 0.05% | 0.05% |
*APY = Annual Percentage Yield. APY may change before or after the account is opened. Fees may reduce earnings. Goal Setter Accounts require monthly auto deposits to earn dividends, subject to penalty for early withdrawal. Rates are subject to change at any time. orsa credit union membership is required. orsa Fee Schedule.
High Yield Savings
10% APY?** Oh, yeah!
Start your savings off on a high note, or simply earn a little extra for the hard work you already put in. With 10% APY** on the first $1,000 in your account, pretty much any reason is a good reason to open a High Yield Savings here at orsa. Whether you’re getting closer to your down payment or just planning a trip down south in the winter, we’re here to help!
The place for savers
News
Meet orsaWatch: Subscription Manager
Spot monthly subscriptions. Collect them all in one place. And even cancel what you don’t want right from digital banking. No extra apps. No extra subscriptions. All free for orsa members!
Guide
The New Member’s Guide to orsa
So, you just became an orsa member—what now? In this guide, we’ll walk you through the accounts and services that make orsa stand out, and what to do next to make the most of them!
News
Did you know our High Yield Savings was repeatedly named #1 by MarketWatch in 2025?
Throughout 2025, our High Yield Savings account was consistently ranked either #1 or among the top three in America by MarketWatch. Not just a one-time headline, it’s a year-long reminder of what happens when you build savings the right way.
Frequently asked questions
Basic Savings Account FAQ
If you have any further questions, give our Care Center a call at (877) 937-2328 or stop by one of our branch locations!
Other ways to save
The place for savers
We’ve got something for just about any savings goal, whether that’s a speedy start with our High Yield Savings Account, steady growth with a long term, low-effort CD, or the flexibility to spend and save with a Money Market.
What We Do
Making Impossible Dreams come true on the daily.
Wherever you are on your financial journey, you Belong here.
** APY = Annual Percentage Yield. Rate offered may change at any time. The minimum balance to open the account is $5.00. The 10.00% APY is earned on balances of $.01 to $1,000.00. Balances of $1,000.01 and above earn an APY of 0.10%. Fees could reduce earnings. Federally insured by the NCUA.