Novation Financial savings accounts
Let your money work for you
Our savings accounts let your money work for you, with a variety of options for meeting your short- and long-term financial goals.
Easily manage your account from anywhere with our secure mobile banking options, including our eBranch website and Mobile Apps.
Accounts are Federally insured by the National Credit Union Association (NCUA) up to $250,000 (total for all accounts).

No monthly fees

Competitive rates

Bank from anywhere with online banking
Overview
Compare Savings Accounts

Primary Savings
All Novation Financial members have a Primary Savings Account. A $5 deposit is required to open and maintain your membership. The account has no monthly fees and offers a lower APY than our other savings accounts.

Included with Novation membership

$5 minimum balance

No monthly fees

High-Yield Savings
Our High-Yield Savings Account has a minimum balance of $10,000 and offers higher dividends than the Primary Savings Account. It also has no fees and allows you to access your money whenever you desire.

Savings always accessible without penalty

$10,000 minimum balance

No monthly fees

Money Market
Our Money Market Account has multiple interest tiers, so the more you save the more you earn. Minimum balance to open and continue earning interest is $1,000. No monthly fees.

Earn interest on balances starting at $1,000

No monthly fees

Certificates
Certificates typically provide a higher, predictable rate of return in exchange for investing for a certain length of time. Minimum balance to open is $500. No fees or penalties unless funds are withdrawn prior to the maturity date.

Predictable rate of return

Savings available after set maturity date

$5 minimum balance

No monthly fees

Youth Savings
The Youth Savings Account helps children learn the importance of saving with the benefit of seeing their balances grow. Available to all members under the age of 18, accounts have no fees and no minimum balances.

Earn interest on balances up to $10,000 (dividends accrue quarterly)

No minimum balance

No monthly fees
Quick links
Open or Manage a Savings Account

Open an Account Online
Apply for a Novation Financial
Savings Account online, 24/7

Log in to eBranch
Access your Savings Account by logging into the eBranch

Current Rates
Compare current rates on all Novation Financial Checking & Savings Accounts
Learn More About Savings
*APY = Annual Percentage Yield. Rates effective January 2, 2025 and subject to change without notice
Primary Savings
Your total savings at Novation are insured up to $250,000 through the NCUA.
Money Markets
Note: Money Market Accounts are limited to a maximum of six (6) electronic transfers or withdrawals per statement cycle. There is not a limit on the number of deposits that can be made. This regulation applies to all U.S. financial institutions offering high-yield savings and money market accounts.
Certificates
After the Certificate is open, you may not make additions into this account until the maturity date stated on the account. A penalty may be imposed for withdrawals before maturity date.