No

minimum balance required

Insured

up to $250,000 by NCUA

2.00%APY

on the account’s first $500

The essential savings account to reach your financial goals.

We all know the importance of saving, whether you’re building up an emergency fund, working towards a major purchase, or just saving up for a rainy day. However, not all savings accounts are the same – many institutions charge a monthly maintenance fee or require you to lock up a certain amount of your funds to just sit in the account.

At USALLIANCE, we want to make saving easy for our members, so you won’t find those fees or minimum balance requirements. And as always with USALLIANCE, your funds are insured by the NCUA, so your hard-earned savings are secure. We even offer a boosted rate on the first $500 in your account – you’ll earn 2.00% APY to help you get started!

We all need a savings account, but we don’t need fees and minimum balance requirements. Choose the hassle-free savings account that helps boost your funds: MyLife Savings.

USALLIANCE mobile app's New Savings Goal feature displayed on a cellphone.
USALLIANCE mobile app's New Savings Goal feature displayed on a cellphone.

The essential savings account to reach your financial goals.

We all know the importance of saving, whether you’re building up an emergency fund, working towards a major purchase, or just saving up for a rainy day. However, not all savings accounts are the same – many institutions charge a monthly maintenance fee or require you to lock up a certain amount of your funds to just sit in the account.

At USALLIANCE, we want to make saving easy for our members, so you won’t find those fees or minimum balance requirements. And as always with USALLIANCE, your funds are insured by the NCUA, so your hard-earned savings are secure. We even offer a boosted rate on the first $500 in your account – you’ll earn 2.00% APY to help you get started!

We all need a savings account, but we don’t need fees and minimum balance requirements. Choose the hassle-free savings account that helps boost your funds: MyLife Savings.

Family saving money together.

Current Savings Rates

MyLife Savings

Balance Rate APY
First $500 1.9810% 2.00%
Amounts Over $500 0.020% 0.02%

Start saving today with MyLife Savings

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What our members say:

Great Customer Service!

“This has been a great overall experience. I would really like to take the time to thank you all as a whole for giving me a chance to open the account with no credit history. This account is really getting me to adulthood.”

- Lorraine

Excellent

"I needed to open a separate savings account and the rep called with options and assisted me with getting everything done in one call."

- Candice

Experience the Cooperative Difference

USALLIANCE is a non-profit, membership based, full-service financial organization.

Co-Op Make A Difference Live Life Fully Logo

Member Focused

We do not answer to stock holders; we donʼt have any. Each member holds a share of ownership. Our decisions are aimed to better the lives of each and every member.

Related Products

Couple reviewing finances on tablet device

MyLife Checking Account

  • No monthly maintenance fees
  • No minimum balance requirements

Enjoy access to over 30,000 surcharge-free ATMs, up to $10 per month in refunds of non-USALLIANCE ATM fees, and more.

See all features

Certificate Accounts

  • Term lengths from 3 to 60 months
  • Rate specials offering increased returns

Put your money to work for you – select the term thatʼs right for you and watch your savings grow!

View terms and rates

High Dividend Savings

  • 4.65% APY
  • No withdrawal fees

Get daily compounding interest and a true variable rate to ensure you always get our best possible return on your savings.

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