To open a savings account, you’ll need some basic personal information, including your full name, address, phone number, email address, date of birth, and Social Security number, along with a current, valid government-issued ID.

Yes, Cabrillo Credit Union offers savings accounts to help you start building toward your goals. You can open one online or in person and enjoy benefits such as digital banking, competitive rates, and federally insured funds.

Cabrillo offers regular savings accounts, Money Market accounts, Holiday Club accounts, Share Certificates (CDs), and IRA savings accounts. Each option includes unique features to help you reach different financial goals.

Yes, you’ll have 24/7 access to your savings through Cabrillo’s online banking and mobile app. You can transfer money, check balances, and track your progress from anywhere.

Yes, you can use our mobile app to deposit checks directly into your savings account. Simply take a photo of your check, and it will be securely deposited without the need to visit a branch.

Savings account rates are competitive and may vary depending on the type of account you choose, such as a regular savings account, money market account, or share certificate. For current rates, please visit our savings rates page.

Yes, your savings are federally insured by the NCUA, providing peace of mind that your funds are protected.

There are no monthly service fees on our basic savings accounts. Some specialty accounts may have minimum balance requirements, and all details will be provided before you open an account.

Opening a savings account makes you a Cabrillo member-owner, giving you access to our full suite of products, including auto loans, credit cards, checking accounts, mortgages, and more. You’ll also enjoy personalized service from our local team.

Yes, a savings account can help you prepare for a wide range of goals, such as vacations, a new car, tuition, or building an emergency fund. Cabrillo also offers targeted accounts like Holiday Club, money market accounts, and IRAs to support your savings goals.

A regular savings account is ideal for everyday saving and has no minimum balance beyond membership. A Money Market account offers higher rates for larger balances, along with check-writing privileges.

Share Certificates, similar to CDs, offer a higher, fixed interest rate in exchange for locking in your funds for a set term. Regular savings accounts are more flexible, allowing deposits and withdrawals at any time, but they generally earn a lower rate.

A Holiday Club account helps you set aside money throughout the year specifically for holiday expenses, often through automatic transfers from checking. Regular savings accounts offer more flexibility and can be used for any savings goal.

Regular savings and Money Market accounts are both good options because they allow quick access to your funds. A Money Market account may be a better choice if you want your emergency fund to earn more interest.

Share Certificates and IRA Share Certificates generally offer the highest returns because your money is committed for a fixed term. Longer terms typically provide higher rates.

Yes, many members choose to open a combination of accounts, such as a regular savings account for everyday needs, a Holiday Club account for seasonal spending, and a Share Certificate for long-term growth.