What is a liquid savings account?

Liquid bank accounts, including liquid savings accounts, are any account that allows you easy access to the money in the account. The term “liquid” means that you can easily withdraw the cash in the account, as opposed to many other bank assets which are not liquid (such as real estate). Liquid savings accounts also allow you to withdraw money without incurring a penalty for early withdrawal the way certain other long-term accounts do, allowing you to keep your money - and get to it when you need it.

The Rundown
0.50% APY*

Earn 0.50% APY* guaranteed for a year so long as you maintain a $2,500 minimum balance.

24/7 account access

Have access to your account 24/7 thru online and mobile banking.

Unlimited deposits and withdrawals
Free automatic transfers

Set up one-time or recurring transfers between your accounts.

Insured by NCUA

up to $250,000

Limit one promotional account per household
More Options For Saving

Are you interested in saving for retirement? Check out our money market IRA to get the flexibility of a money market account with the tax advantages of a retirement account!

Learn More

*APY = Annual Percentage Yield. Promotional product is available and rates are accurate as of June 21, 2024. Rates are variable and subject to change at any time without notice. During the first 12 months, personal accounts with a minimum balance of $2,500 and a maximum of $250,000 will earn 0.50% APY. Balances of $250,000.01 or more will earn 0.10% APY. After 12 months, the account will earn 0.10% APY. Offer available on personal accounts only. Funds currently on deposit at Consumers Credit Union are not eligible for the promotion. Limit one promotional account per household. Fees may reduce earnings. Federally insured by NCUA.