Credit union · NCUA insured
Educational Systems Federal Credit Union Savings Rates
Top CarrotEducational Systems Federal Credit Union’s best savings rate is 2.75% APY on $10,000, with its High Yield Savings Account. Rates checked October 22, 2026.
How Educational Systems Federal Credit Union’s savings rates compare
Compared with banks and credit unions near Washington, DC-VA-MD-WV, where Educational Systems Federal Credit Union has the most branches. $10,000, best rate first.
This credit union’s best
Educational Systems Federal Credit Union
4.00%APY
- Requires
- None
- Minimum
- $0
- Earns on $10,000 a year
- $400
Premium Summer Pay
Top rate
Woori America Bank
5.00%APY
- Requires
- Monthly account activity
- Minimum
- $1,000
- Earns on $10,000 a year
- $500
2nd-highest rate
HSBC USA
4.40%APY
- Requires
- Monthly account activity
- Minimum
- —
- Earns on $10,000 a year
- $440
Educational Systems Federal Credit Union savings score
98
Savings score
Higher than 99% of U.S. banks and credit unions
- $1,000 balance$1,0004.00%
- $10,000 balance$10,0004.00%
- $100,000 balance$100,0003.00%
- QualifiedQualified4.00%
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 Educational Systems 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.
Premium Summer Pay
4.00%APY
Available for Direct Deposits received from qualifying school systems and community colleges. In the summer, funds accumulated throughout the year are automatically transferred to an ESFCU savings/checking account or another financial institution in four equal proportions on the first and third Friday of July and August. A $35 early withdrawal fee applies outside this period.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $20,000Tier One APY applies to average daily balances up to $20,000. Dividends compounded and credited monthly. Direct Deposit from qualifying school system or community college required. | 4.00% | $400 | Tier One APY applies to average daily balances up to $20,000. Dividends compounded and credited monthly. Direct Deposit from qualifying school system or community college required. |
| $20,000 and upTier Two APY applies to average daily balances above $20,000. Dividends compounded and credited monthly. Direct Deposit from qualifying school system or community college required. | 0.01% | — | Tier Two APY applies to average daily balances above $20,000. Dividends compounded and credited monthly. Direct Deposit from qualifying school system or community college required. |
High Yield Savings Account
2.75%APY
Tiered, variable rates based on balance thresholds. Limit of one High Yield Savings Account per member. Dividends compounded and credited monthly. Balances of $500,000.01 and above earn prevailing Membership Savings rate. Effective November 1, 2026, average daily balance determines the applicable tier and the APY applies to the entire balance, with a maximum balance of $500,000 and any excess transferred daily to Membership Savings.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $1,000Average daily balance of $0.00 up to $1,000 earns Tier One rate. Dividends compounded and credited monthly. Effective November 1, 2026, tier applies to entire balance for average daily balances of $0.01 up to $25,000. | 2.50% | — | Average daily balance of $0.00 up to $1,000 earns Tier One rate. Dividends compounded and credited monthly. Effective November 1, 2026, tier applies to entire balance for average daily balances of $0.01 up to $25,000. |
| $1,000 – $50,000Average daily balance of $1,000.01 up to $50,000 earns Tier Two rate. Dividends compounded and credited monthly. Effective November 1, 2026, tier applies to entire balance for average daily balances of $25,000.01 up to $50,000. | 2.75% | $275 | Average daily balance of $1,000.01 up to $50,000 earns Tier Two rate. Dividends compounded and credited monthly. Effective November 1, 2026, tier applies to entire balance for average daily balances of $25,000.01 up to $50,000. |
| $50,000 – $100,000Average daily balance of $50,000.01 up to $100,000 earns Tier Three rate. Dividends compounded and credited monthly. Effective November 1, 2026, tier applies to entire balance for average daily balances of $50,000.01 up to $100,000. | 3.00% | — | Average daily balance of $50,000.01 up to $100,000 earns Tier Three rate. Dividends compounded and credited monthly. Effective November 1, 2026, tier applies to entire balance for average daily balances of $50,000.01 up to $100,000. |
| $100,000 – $250,000Average daily balance of $100,000.01 up to $250,000 earns Tier Four rate. Dividends compounded and credited monthly. Effective November 1, 2026, tier applies to entire balance for average daily balances of $100,000.01 up to $150,000. | 3.25% | — | Average daily balance of $100,000.01 up to $250,000 earns Tier Four rate. Dividends compounded and credited monthly. Effective November 1, 2026, tier applies to entire balance for average daily balances of $100,000.01 up to $150,000. |
| $250,000 – $500,000Average daily balance of $250,000.01 up to $500,000 earns Tier Five rate. Dividends compounded and credited monthly. Effective November 1, 2026, tier applies to entire balance for average daily balances of $150,000.01 up to $250,000. | 3.50% | — | Average daily balance of $250,000.01 up to $500,000 earns Tier Five rate. Dividends compounded and credited monthly. Effective November 1, 2026, tier applies to entire balance for average daily balances of $150,000.01 up to $250,000. |
| Over $500,000Balances of $500,000.01 and above earn prevailing Membership Savings rate (Tier Six). Dividends compounded and credited monthly. Effective November 1, 2026, Tier Six applies to average daily balances of $250,000.01 up to $500,000, with maximum HYSA balance of $500,000 and any excess transferred daily to Membership Savings. | 0.01% | — | Balances of $500,000.01 and above earn prevailing Membership Savings rate (Tier Six). Dividends compounded and credited monthly. Effective November 1, 2026, Tier Six applies to average daily balances of $250,000.01 up to $500,000, with maximum HYSA balance of $500,000 and any excess transferred daily to Membership Savings. |
Money Market
1.00%APY
Up to six pre-authorized, automatic or electronic transfers may be made to another Credit Union account in any month, with up to three of these balance transfers made by check. No ATM access.
| Balance | APY | Minimum | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|---|
| $2,500 and upTier One. Dividends are compounded and credited monthly based on Average Daily Balance (ADB). · $2,500 to open | 1.00% | $2,500 | $100 | Tier One. Dividends are compounded and credited monthly based on Average Daily Balance (ADB). |
| $20,000 and upTier Two. Dividends are compounded and credited monthly based on Average Daily Balance (ADB). · $20,000 to open | 1.15% | $20,000 | — | Tier Two. Dividends are compounded and credited monthly based on Average Daily Balance (ADB). |
| $100,000 and upTier Three. Dividends are compounded and credited monthly based on Average Daily Balance (ADB). · $100,000 to open | 1.55% | $100,000 | — | Tier Three. Dividends are compounded and credited monthly based on Average Daily Balance (ADB). |
Membership Savings
0.01%APY
Base savings account that establishes Credit Union membership with a minimum balance of $5. Dividends are compounded and credited quarterly.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $5 and upDividends compounded and credited quarterly. Minimum balance to earn stated APY is $5.00.$5 and up | 0.01% | $1 | Dividends compounded and credited quarterly. Minimum balance to earn stated APY is $5.00. |
Sources (3)
- esfcu.org/getmedia/e6c03cca-33…s-Account-Disclosure.pdf
- esfcu.org/accounts/savings/savings-accounts
- esfcu.org/rates/checking-and-savings-rates
All captured Oct 22, 2026
Special-purpose accounts
IRA Money Market
1.00%APY
Subject to normal IRA restrictions.
| Balance | APY | Minimum | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|---|
| $2,500 and upTier One. Dividends are compounded and credited monthly based on Average Daily Balance (ADB). · $2,500 to open | 1.00% | $2,500 | $100 | Tier One. Dividends are compounded and credited monthly based on Average Daily Balance (ADB). |
| $20,000 and upTier Two. Dividends are compounded and credited monthly based on Average Daily Balance (ADB). · $20,000 to open | 1.15% | $20,000 | — | Tier Two. Dividends are compounded and credited monthly based on Average Daily Balance (ADB). |
| $100,000 and upTier Three. Dividends are compounded and credited monthly based on Average Daily Balance (ADB). · $100,000 to open | 1.55% | $100,000 | — | Tier Three. Dividends are compounded and credited monthly based on Average Daily Balance (ADB). |
Special Purpose Club
0.01%APY
Select a month for funds to mature; the entire balance is automatically transferred to the savings account the first week of the designated month and the account remains open. Early withdrawal closes the account and transfers full balance to Savings Account. Cannot be accessed via ATM.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceDividends compounded and credited quarterly. No minimum opening balance or minimum balance to earn stated APY.Any balance | 0.01% | $1 | Dividends compounded and credited quarterly. No minimum opening balance or minimum balance to earn stated APY. |
Sources (3)
- esfcu.org/getmedia/e6c03cca-33…s-Account-Disclosure.pdf
- esfcu.org/accounts/savings/savings-accounts
- esfcu.org/rates/checking-and-savings-rates
All captured Oct 22, 2026
Traditional IRA, Roth IRA and Coverdell Education Savings Account
0.01%APY
Includes Traditional IRA, Roth IRA, and Coverdell Education Savings Accounts. Subject to normal IRA restrictions and annual contribution limits. Dividends compounded and credited quarterly.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceDividends compounded and credited quarterly. Subject to normal IRA restrictions.Any balance | 0.01% | $1 | Dividends compounded and credited quarterly. Subject to normal IRA restrictions. |
Sources (3)
- esfcu.org/getmedia/e6c03cca-33…s-Account-Disclosure.pdf
- esfcu.org/rates/checking-and-savings-rates
- esfcu.org/accounts/savings/iras
All captured Oct 22, 2026
Who can join Educational Systems 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 or work in St. Mary's County, Maryland are eligible for membership.
Employers and groups
- Individuals affiliated with the Howard County Library System are eligible to join by becoming a member of the Support Education Foundation.
- Employees of Howard University Hospital are eligible for membership.
Military, government and schools
- Employees (including contractors), students, parents, and alumni of specified colleges and universities are eligible for membership.
- Employees (including those paid by a contractor), students, and parents of specified Maryland county public school systems are eligible for membership.
Family and household
- Immediate family members of individuals eligible for Educational Systems Federal Credit Union membership are eligible to join.
2 more ways to join
Family and household
- Immediate family members of existing Educational Systems Federal Credit Union members are eligible to join.
Other ways
- Individuals can join by becoming a member of the Support Education Foundation if they are a volunteer, employee, student, alumni, or retiree of any public or private school/system, college/university, or education-related organization.
Membership information collected October 4, 2026.