Services Seven Days a Week.

Accounts + Services > Savings

At ACU of Texas we want to provide you with money saving options to meet your goals.  Whether you're saving for education, emergency fund, retirement, new car or home, vacation, or luxury items, we have several savings accounts to fit your savings needs.

savings rates savings calculator


Whether you're saving for financial security, educational purposes, holiday purchases or just a rainy day, ACU of Texas has the right account to fit your needs.


Whether you're saving for financial security, educational purposes, holiday purchases or just a rainy day, ACU of Texas has the right account to fit your needs.

Whether you're saving for financial security, educational purposes, holiday purchases or just a rainy day, ACU of Texas has the right account to fit your needs.


With an IRA at ACU of Texas you can enjoy a variety of investment options to meet long, medium or short-term goals. Make an informed decision about your retirement with complete descriptions of the Coverdell ESA, Traditional and Roth IRAs. An initial deposit of only $100.00 is required to open an IRA account and begin saving for your future. Dividends are paid monthly.

Coverdell Education Savings - A Coverdell Education Savings Account (ESA) is a savings account created as an incentive to help parents and students save for education expenses. For more information, click here.

Traditional IRA - A Traditional IRA is primarily an individual savings plan. Contributions are made up to a specified limit with the contribution tax deductible. Money invested and earned in a traditional IRA are subject to income taxes at time of withdrawal.

Roth IRA - The Roth IRA provides no deduction for contributions, but instead provides a benefit that isn't available for any other form of retirement savings: if you meet certain requirements, all earnings are tax free when you or your beneficiary withdraws them.


We are pleased to inform you that your savings in this credit union are now protected up to $500,000 - the highest level of combined federal/private savings insurance available. This coverage has become available through the addition of excess coverage from the Excess Share Insurance Corporation (ESI).

ESI now provides $250,000 in coverage on top of the federal government's $250,000. And because Individual Retirement Accounts (IRAs) are insured separately, they are now protected up to $500,000 as well. So, by maintaining your non-retirement savings and your IRA at the credit union, you may now have a combined savings insurance of $1,000,000.

ESI is a wholly owned subsidiary of American Share Insurance (ASI), the nation's largest private deposit insurer, and insures only credit unions meeting its high standards.

Facts about Excess Share Insurance
Excess Share Insurance Corporation (ESI) provides savings accounts in this credit union an additional $250,000 of insurance per member beyond the federal coverage limit of $250,000. But who, exactly, is ESI? We're glad you asked! ESI is...

  • A licensed property and casualty insurer
  • A wholly owned subsidiary of American Share Insurance (ASI), the nation's largest private deposit insurer
  • An innovator in the industry, conducting monthly monitoring and periodic on-site examinations of insured credit unions
  • An insurer solely of credit unions, with policyholders from coast to coast
  • A corporation committed to safety and soundness, evidenced by an outstanding historical performance - no member of an ESI-insured credit union has ever lost a cent of their savings

button

We are proud to offer this exceptional coverage through ESI and would be happy to answer your questions about excess share insurance.


National Credit Union Administration (NCUA)
The National Credit Union Administration (NCUA) is the independent federal agency that regulates, charters and supervises federal credit unions. With the backing of the full faith and credit of the U.S. Government, NCUA operates and manages the National Credit Union Share Insurance Fund (NCUSIF), insuring the deposits of nearly 94 million account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions.

Share accounts in federally insured credit unions are insured up to $250,000, an amount equal to the insurance protection offered by the FDIC. Click here to read their Online Booklet.
National Credit Union Share Insurance Fund
The National Credit Union Share Insurance Fund (NCUSIF) is the federal fund created by Congress in 1970 to insure member's deposits in credit unions up to the $250,000 federal limit. Administered by the National Credit Union Administration, the NCUSIF is backed by the "full faith and credit" of the U.S. Government. Click here to learn more.

You can use the new Electronic Share Insurance Estimator at the NCUA web site in order to give you an idea as to the amount of coverage your accounts at the Credit Union carry. Based on the type of deposit account(s) you have, this estimator will determine how much those same accounts are insured for.
NCUA Electronic Share Insurance Estimator