Secure Savings/Share Plans

First California Federal Credit Union offers various share plans that make it easier to save and can be customized to fit your savings needs. Your savings goals can be achieved through signing up for a savings allotment, distribution from your direct deposit or transferring funds through the Virtual Branch On-Line or Quick Phone Audio Response Systems.

The National Credit Union Administration, one of the most powerful federal insurance funds in the nation, insures your share accounts up to $250,000. American Share Insurance insures qualifying accounts for an additional $250,000, resulting in a total coverage of $500,000.

The following share types are available:

  • Membership Account - (01):
    Retains the initial membership deposit and is the pass-through account for payroll deposits.
  • Holiday Club – (02):
    Offers members the opportunity to set aside funds for the holiday season over and above their regular savings.
  • Total Saver Account – (03):
    A great way to put your hard earned cash aside. Earnings on this account are based on the balance you have on deposit; the more you save, the more you earn in dividends.
  • Vacation Club Account – (04):
    Expenses for vacation time can be less of a headache by saving a little each payday. Set funds aside and worry less about the long term expense of your special time off.
  • Freedom Account – 05:
    A savings account designed for teen's age 16 and 17. It offers them the chance to put aside a percentage of their income and earn dividends too.
  • Future Savers – 06:
    A savings account for kids ages 5-15. Help teach your kids financial responsibility for their futures. Help them to save for current wants and needs. Help them to save for future wants and needs.

Click here for a listing of Current Share Rates