Credit union · NCUA insured
Cheney Federal Credit Union Savings Rates
Top CarrotCheney Federal Credit Union’s best savings rate is 0.75% APY on $10,000, with its Super Saver Share Account. Rates checked October 22, 2026.
How Cheney Federal Credit Union’s savings rates compare
Compared with banks and credit unions near Spokane, WA, where Cheney Federal Credit Union has the most branches. $10,000, best rate first.
This credit union’s best
Cheney Federal Credit Union
0.75%APY
- Requires
- None
- Minimum
- $2,500
- Earns on $10,000 a year
- $75
Super Saver Share Account
Top rate
Progressions Credit Union
4.00%APY
- Requires
- Monthly account activity
- Minimum
- $0
- Earns on $10,000 a year
- $400
2nd-highest rate
WaFd Bank
3.82%APY
- Requires
- None
- Minimum
- $0
- Earns on $10,000 a year
- $382
Cheney Federal Credit Union savings score
82
Savings score
Higher than 60% of U.S. banks and credit unions
- $1,000 balance$1,0000.35%
- $10,000 balance$10,0000.75%
- $100,000 balance$100,0001.16%
- QualifiedQualified0.75%
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 Cheney 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.
Super Saver Share Account
0.75%APY
Requires $2,500 to open. No monthly service fees.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $2,500Balance less than $2,500 | 0.35% | — | Balance less than $2,500 |
| $2,500 – $4,999 | 0.60% | — | |
| $5,000 – $24,999 | 0.75% | $75 | |
| $25,000 – $49,999 | 0.95% | — | |
| $50,000 and up | 1.16% | — |
Regular Share Savings
0.35%APY
Maintaining a $20 balance establishes member share owner status. No monthly maintenance fees.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| $20 and up | 0.35% | $35 |
Special-purpose accounts
Kid's Club Accounts
0.35%APY
Youth savings accounts (Penny Savers for 8 and under, Kids Club for 9-12, Smart Start for 13-17). Earn 3% bonus dividend on the first $200.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $200First $200 tier | 3.00% | — | First $200 tier |
| $5 and upApplies to balance of $5 and above | 0.35% | $35 | Applies to balance of $5 and above |
IRA Share Savings
1.00%APY
Available as Traditional, Roth, or Educational IRA savings accounts. Requires $50 minimum to open.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| $5 and up | 1.00% | $100 |
Holiday Club Account
0.35%APY
Must be a member of CFCU. Funds transferred to checking or sent as a check in November.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| $5 and up | 0.35% | $35 |
Who can join Cheney Federal Credit Union
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Individuals who live, work, worship, or attend school in the Cheney or Medical Lake School Districts are eligible for membership.
Family and household
- Immediate family members of individuals who live, work, worship, or attend school in the Cheney or Medical Lake School Districts are eligible for membership.
Membership information collected October 4, 2026.