Credit union · NCUA insured
Alternatives Federal Credit Union Savings Rates
Alternatives Federal Credit Union’s best savings rate is 0.50% APY on $10,000, with its Money Market. Rates checked October 16, 2026.
How Alternatives Federal Credit Union’s savings rates compare
Compared with banks and credit unions near Rochester, NY, where Alternatives Federal Credit Union has the most branches. $10,000, best rate first.
This credit union’s best
Alternatives Federal Credit Union
0.50%APY
- Requires
- None
- Minimum
- $1,000
- Earns on $10,000 a year
- $50
Money Market
Top rate
Family First Federal Credit Union
5.00%APY
- Requires
- Monthly account activity
- Minimum
- —
- Earns on $10,000 a year
- $500
2nd-highest rate
Northwest Bank
4.00%APY
- Requires
- None
- Minimum
- $1
- Earns on $10,000 a year
- $400
Alternatives Federal Credit Union savings score
79
Savings score
Higher than 48% of U.S. banks and credit unions
- $1,000 balance$1,0000.25%
- $10,000 balance$10,0000.50%
- $100,000 balance$100,0000.85%
- QualifiedQualified0.50%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Alternatives Federal Credit Union ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the credit union’s website. Earnings assume the rate doesn’t change.
Money Market
0.50%APY
Membership requires a one-time $2 fee to enroll in the Alternatives Fund of Ithaca, Inc. and a $5 deposit into a savings account. Field of membership includes specific NY counties.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| $1,000 – $2,500 | 0.25% | — |
| $2,500 – $10,000 | 0.40% | — |
| $10,000 – $25,000 | 0.50% | $50 |
| $25,000 – $50,000 | 0.60% | — |
| $50,000 – $100,000 | 0.70% | — |
| $100,000 and up | 0.85% | — |
Regular Share Savings
0.05%APY
Deposit $5 into savings to establish membership and become a shareholding owner-member of Alternatives Federal Credit Union. Membership requires a one-time $2 fee to join Alternatives Fund of Ithaca, Inc. and residency in eligible NY counties. No monthly service fees if enrolled in paperless statements.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $10,000Rate applies to balances from $5 to $9,999.99. Monthly service fee waived with paperless statements. | 0.05% | — | Rate applies to balances from $5 to $9,999.99. Monthly service fee waived with paperless statements. |
| $10,000 – $20,000Rate applies to balances from $10,000 to $19,999.99. Monthly service fee waived with paperless statements. | 0.05% | $5 | Rate applies to balances from $10,000 to $19,999.99. Monthly service fee waived with paperless statements. |
| $20,000 and upRate applies to balances $20,000 and over. Monthly service fee waived with paperless statements. | 0.05% | — | Rate applies to balances $20,000 and over. Monthly service fee waived with paperless statements. |
Special-purpose accounts
Individual Retirement Account (IRA) Savings
0.75%APY
Tax-advantaged retirement savings account available in Traditional and Roth options. No setup fees, no monthly or annual maintenance fees. Funds can also be used to purchase share certificates within the IRA.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $10,000Rate applies to balances from $5 to $9,999.99. Pays monthly dividends. | 0.75% | — | Rate applies to balances from $5 to $9,999.99. Pays monthly dividends. |
| $10,000 – $20,000Rate applies to balances from $10,000 to $19,999.99. Pays monthly dividends. | 0.75% | $75 | Rate applies to balances from $10,000 to $19,999.99. Pays monthly dividends. |
| $20,000 and upRate applies to balances of $20,000 or greater. Pays monthly dividends. | 0.75% | — | Rate applies to balances of $20,000 or greater. Pays monthly dividends. |
Sources (3)
- alternatives.org/rates
- alternatives.org/accounts/savings-certificates
- alternatives.org/accounts/savi…l-retirement-account-ira
All captured Sep 17, 2026
Home Buyers Club
0.15%APY
Dedicated club savings account for home buyers. No monthly maintenance fees. No partial withdrawals permitted; closing prior to maturity forfeits earned dividends. Withdrawals for the purpose of closing on a home purchase are permitted without penalty.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $100 and upNo partial withdrawals permitted. Account assessed a fee of all earned dividends if closed prior to maturity, except penalty-free withdrawals for closing on a home purchase.$100 and up | 0.15% | $15 | No partial withdrawals permitted. Account assessed a fee of all earned dividends if closed prior to maturity, except penalty-free withdrawals for closing on a home purchase. |
Sources (3)
- alternatives.org/rates
- alternatives.org/accounts/savings-certificates
- alternatives.org/accounts/savi…ficates/home-buyers-club
All captured Sep 17, 2026
Savers Club
0.15%APY
Club savings account to set aside money throughout the year for seasonal, holiday, or vacation expenses. No partial withdrawals permitted; early closure prior to maturity forfeits all earned dividends. Withdrawals for closing on a home purchase are permitted without penalty.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $100 and upNo partial withdrawals permitted. Closing account prior to maturity incurs a fee of all earned dividends.$100 and up | 0.15% | $15 | No partial withdrawals permitted. Closing account prior to maturity incurs a fee of all earned dividends. |
Sources (3)
- alternatives.org/accounts/savi…certificates/savers-club
- alternatives.org/rates
- alternatives.org/accounts/savings-certificates
All captured Sep 17, 2026
Student Credit Union Youth Savings
0.15%APY
Available for youth under age 18. Requires $1 minimum balance, no monthly fees, and free paper statements until age 19.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $1 and upAvailable for applicants under 18 years old. Requires a minimum balance of $1.$1 and up | 0.15% | $15 | Available for applicants under 18 years old. Requires a minimum balance of $1. |
Who can join Alternatives Federal Credit Union
We don’t have this credit union’s membership requirements here yet. Confirm that you can join before applying.