Learn how to open your Emergency Savings account from the Members 1st mobile app or online banking in just a few minutes. Get started now and start saving.
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Get inspired to save more with faster results. An Emergency Savings encourages you to grow your savings by earning a higher APY*. Begin building financial security, while preparing yourself for emergency expenses.
Earn 3% APY on our Emergency
Savings when you bundle and save
How to Open an Account
Opening an account is easy and we’re here to help if you need it.Open Your Account
Current members can open an Emergency Savings in the mobile app, by phone, or by visiting a branch. New customers can visit www.m1cu.org/NewAccount/.
Start Contributing
Make regular contributions to your account. Considering setting up an automatic transfer. Add what you’re able, even small amounts add up quickly.
Maintain Your Savings
Replenish your Emergency Savings after an unexpected expense. As your balance grows, consider upgrading to higher-yielding Money Market or Certificate account.
How We Compare
Our members earn more than the national average2
2. Based on the national APY* average on savings accounts in the US according to Bankrate as of 09/17/2024.
Rates
APY*
Rates
APY*
Emergency Savings
3.00%
Fixed up to $1,000
(0.03% for amounts greater than $1,000)
$ minimum deposit
3.00%
Fixed up to $1,000
(0.03% for amounts greater than $1,000)
Account Features
All your favorite account features and benefits.Earn up to 3.00% APY
Earn 3.00% APY on the first $1,000 in your account.
No Minimum Balance
Keep as much or as little as you like in your savings, without having to worry about a fee.
No Monthly Fee
No monthly fees. No annual fees. No worries.
Track Your Savings
Track your savings with our free mobile app or online banking.
Mobile Deposit
Deposit checks directly into your account with your mobile or tablet device.
Notifications
Receive email and text notifications for all types of activity on your account.
Accessible
Keep your money accessible while you earn dividends.
Tiered Dividends
Tiered dividends allow your savings to grow faster.
Opens Quickly
Open your account from the Members 1st app in seconds.
Save Faster When You Add Stash
Turn your small change into a big deal when you enroll in Stash. Round up your debit card purchases to the next dollar to be added into your Members 1st savings, auxiliary savings, holiday savings, emergency savings, mem-bear savings, or money market account.
Learn MoreCompare Accounts
- No Monthly Fee
- $1 Minimum Deposit
- $0 Minimum Balance to Earn APY
- 0.050% APY Earned Monthly
- Free Direct Deposit
- Free Notifications
- Free eStatements
- Free Mobile Deposit
- Free Mobile App
- Free Gift with Account Milestones
- No Monthly Fee
- $1 Minimum Deposit
- $0 Minimum Balance to Earn APY
- 0.03% APY Earned Monthly
- Free Direct Deposit
- Free Notifications
- Free eStatements
- Free Mobile Deposit
- Free Mobile App
- No Monthly Fee
- $100 Opening Deposit
- $0 Minimum Balance to Earn APY
- 1.000% Maximum APY Earned Monthly1
- Free Notifications
- Free eStatements
- Free Mobile Deposit
- Free Mobile App
- No Monthly Fee
- $0 Minimum Deposit
- $0 Minimum Balance to Earn APY
- 3.00% APY Earned on First $1,000
- Free Direct Deposit
- Free Notifications
- Free eStatements
- Free Mobile Deposit
- Free Mobile App
- No Monthly Fee
- $0 Minimum Deposit
- $0 Minimum Balance to Earn APY
- 0.03% APY Earned Monthly
- Free Direct Deposit
- Free Notifications
- Free eStatements
- Free Mobile Deposit
- Free Mobile App
1. Stated Annual Percentage Yield (APY) is determined by your minimum account balance.
Resources
Emergency Savings Tutorial
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Read More >APY = Annual Percentage Yield. 3.00% APY is applied to the first $1,000 in your account. Amounts exceeding $1,000 will earn 0.03% APY.
Eligible to all Butte, Glenn, Shasta, and Tehama County residents. Join Now
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