Credit union · NCUA insured
Farmers Insurance Federal Credit Union Savings Rates
Top CarrotFarmers Insurance Federal Credit Union’s best savings rate is 0.25% APY on $10,000, with its My Account. Rates checked October 17, 2026.
How Farmers Insurance Federal Credit Union’s savings rates compare
Compared with banks and credit unions near Los Angeles, CA, where Farmers Insurance Federal Credit Union has the most branches. $10,000, best rate first.
This credit union’s best
Farmers Insurance Federal Credit Union
2.75%APY
- Requires
- Another account
- Minimum
- $0
- Earns on $10,000 a year
- $275
Online Savings
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
Nuvision Credit Union
4.50%APY
- Requires
- Monthly account activity
- Minimum
- —
- Earns on $10,000 a year
- $450
Farmers Insurance Federal Credit Union savings score
89
Savings score
Higher than 86% of U.S. banks and credit unions
- $1,000 balance$1,0001.75%
- $10,000 balance$10,0001.75%
- $100,000 balance$100,0001.75%
- QualifiedQualified1.75%
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 Farmers Insurance 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.
Online Savings
Up to 2.75%APY
No branch or call center access with this account. Earn 2.75% APY when you have $1,000+ in monthly Direct Deposit to a FIGFCU Checking account; earn the standard 1.75% APY without the Direct Deposit requirement. No maintenance fees or minimum balance requirement.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceWith Direct Deposit ($1,000+ monthly ACH Direct Deposit or Agent Net Check into a FIGFCU Checking account).Any balance | 2.75% | $275 | With Direct Deposit ($1,000+ monthly ACH Direct Deposit or Agent Net Check into a FIGFCU Checking account). |
| Any balanceStandard rate without direct deposit requirement.Any balance | 1.75% | $175 | Standard rate without direct deposit requirement. |
Sources (3)
All captured Oct 16, 2026
Rainy Day Savings
0.05%APY
APY of 1.75% on balances up to $2,000; Membership Savings rate (0.05%) on balances over $2,000. Maximum of two free withdrawals per calendar year ($20 fee each additional withdrawal). Funded via recurring ACH deposit or qualifying external funds. Limit one Rainy Day Account per qualified membership. Membership eligibility required.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $2,000APY of 1.75% on balances up to $2,000. Maximum of two free withdrawals per calendar year. | 1.75% | — | APY of 1.75% on balances up to $2,000. Maximum of two free withdrawals per calendar year. |
| $2,000 and upAPY of 0.05% (Membership Savings rate) on balances over $2,000. | 0.05% | $5 | APY of 0.05% (Membership Savings rate) on balances over $2,000. |
Money Market with Direct Deposit
0.35%APY
Requires direct deposit in the amount of $1,000.00 or more monthly into FIGFCU Checking Account (either High Yield or CashBack), or bi-monthly deposits of $500 each. If qualifying DDEP cannot be verified while active, first succeeding DDEP must be received within a maximum of 60 days from account opening. If DDEP is cancelled or falls below qualifying threshold, bonus rate is reduced by 0.25%. Check-writing abilities; unlimited in-person transactions; all withdrawals must be at least $250. Membership eligibility required.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $10,000Tier 1: Up to $9,999.99. Includes 0.25% direct deposit rate bonus. | 0.30% | — | Tier 1: Up to $9,999.99. Includes 0.25% direct deposit rate bonus. |
| $10,000 – $25,000Tier 2: $10,000 - $24,999.99. Includes 0.25% direct deposit rate bonus. | 0.35% | $35 | Tier 2: $10,000 - $24,999.99. Includes 0.25% direct deposit rate bonus. |
| $25,000 – $50,000Tier 3: $25,000 - $49,999.99. Includes 0.25% direct deposit rate bonus. | 0.40% | — | Tier 3: $25,000 - $49,999.99. Includes 0.25% direct deposit rate bonus. |
| $50,000 – $100,000Tier 4: $50,000 - $99,999.99. Includes 0.25% direct deposit rate bonus. | 0.45% | — | Tier 4: $50,000 - $99,999.99. Includes 0.25% direct deposit rate bonus. |
| $100,000 and upTier 5: $100,000+. Includes 0.25% direct deposit rate bonus. | 0.50% | — | Tier 5: $100,000+. Includes 0.25% direct deposit rate bonus. |
Money Market
0.10%APY
Check-writing abilities; unlimited in-person transactions; all withdrawals must be at least $250; withdrawals can be made by check, phone, email, or online. Membership eligibility required.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $10,000Tier 1: Up to $9,999.99. | 0.05% | — | Tier 1: Up to $9,999.99. |
| $10,000 – $25,000Tier 2: $10,000 - $24,999.99. | 0.10% | $10 | Tier 2: $10,000 - $24,999.99. |
| $25,000 – $50,000Tier 3: $25,000 - $49,999.99. | 0.15% | — | Tier 3: $25,000 - $49,999.99. |
| $50,000 – $100,000Tier 4: $50,000 - $99,999.99. | 0.20% | — | Tier 4: $50,000 - $99,999.99. |
| $100,000 and upTier 5: $100,000+. | 0.25% | — | Tier 5: $100,000+. |
My Account
0.25%APY
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Any balance | 0.25% | $25 |
Sources (1)
- figfcu.org/deposit-account-rates · captured Oct 16, 2026
Tax Saver Account
0.25%APY
Funds are distributed to checking or savings account four times per year; additional withdrawals allowed with a $20 fee per withdrawal.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Any balance | 0.25% | $25 |
Membership Savings
0.05%APY
Savings account required for Credit Union membership. After six months, must maintain a minimum $250 balance or open any other type of account to avoid a $5 monthly service fee.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceAfter six months, maintain a minimum $250 balance or open any other type of account to avoid the $5 monthly fee.Any balance | 0.05% | $5 | After six months, maintain a minimum $250 balance or open any other type of account to avoid the $5 monthly fee. |
Special-purpose accounts
High Yield IRA Savings Account
2.25%APY
Available under Traditional IRA, Roth IRA, and SEP IRA wrappers.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceNo fees or balance tiers.Any balance | 2.25% | $225 | No fees or balance tiers. |
Health Savings Account
1.25%APY
Eligibility requires coverage under a high deductible health plan (HDHP), not enrolled in Medicare, and not able to be claimed as a dependent.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $20 and up$20 minimum balance required for no fees. Applies to all balances.$20 and up | 1.25% | $125 | $20 minimum balance required for no fees. Applies to all balances. |
Sources (2)
All captured Oct 16, 2026
Holiday Club Savings Account
1.00%APY
Funds disbursed free once a year in early November. A $20 fee will be applied for each additional withdrawal.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Any balance | 1.00% | $100 |
Sources (1)
- figfcu.org/holiday-club · captured Oct 16, 2026
Coverdell Education Savings
0.30%APY
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Any balance | 0.30% | $30 |
Sources (1)
- figfcu.org/deposit-account-rates · captured Oct 16, 2026
Club Accounts
0.25%APY
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Any balance | 0.25% | $25 |
Who can join Farmers Insurance Federal Credit Union
This may be incomplete or out of date, so check with the credit union before you apply.
Open to anyone
- U.S. citizens and residents of the United States or its territories can join through the American Consumer Council (ACC) at no cost.
Employers and groups
- Employees and agents of Farmers are eligible for membership.
Family and household
- Relatives of current FIGFCU members are eligible for membership.
Membership information collected October 5, 2026.