Credit union · NCUA insured
Local 697 FCU Savings Rates
Local 697 FCU’s best savings rate is 3.45% APY on $10,000, with its Fund Manager. Rates checked October 15, 2026.
How Local 697 FCU’s savings rates compare
Compared with banks and credit unions near Chicago, IL-IN, where Local 697 FCU has the most branches. $10,000, best rate first.
This credit union’s best
Local 697 FCU
3.45%APY
- Requires
- None
- Minimum
- $2,000
- Earns on $10,000 a year
- $345
Fund Manager
Top rate
Justice Federal Credit Union
4.00%APY
- Requires
- Monthly account activity
- Minimum
- $0
- Earns on $10,000 a year
- $400
2nd-highest rate
United Trust Bank
3.90%APY
- Requires
- None
- Minimum
- $10,000
- Earns on $10,000 a year
- $390
Local 697 FCU savings score
95
Savings score
Higher than 97% of U.S. banks and credit unions
- $1,000 balance$1,0000.35%
- $10,000 balance$10,0003.45%
- $100,000 balance$100,0003.45%
- QualifiedQualified3.45%
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 Local 697 FCU 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.
Fund Manager
3.45%APY
Minimum deposit and withdrawal of $500. Dividend paid monthly.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $2,000 and upMinimum deposit and withdrawal of $500. Dividend paid monthly.$2,000 and up | 3.45% | $345 | Minimum deposit and withdrawal of $500. Dividend paid monthly. |
Sources (1)
- local697fcu.org/accounts · captured Sep 25, 2026
Share (Savings) Accounts
0.35%APY
Initially required to open a savings account with a minimum deposit of $5.00 (one share). No service charge for active accounts. Dividends paid quarterly on balances over $100.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $100 and upNo service charge for active accounts. Dividends paid quarterly on balances over $100.$100 and up | 0.35% | $35 | No service charge for active accounts. Dividends paid quarterly on balances over $100. |
Sources (1)
- local697fcu.org/accounts · captured Sep 25, 2026
Special-purpose accounts
IRA Accounts
3.55%APY
Traditional and Roth IRAs offered. No minimum balance requirements. Dividends paid quarterly.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceTraditional and Roth IRAs. Dividends paid quarterly.Any balance | 3.55% | $355 | Traditional and Roth IRAs. Dividends paid quarterly. |
Sources (1)
- local697fcu.org/accounts · captured Sep 25, 2026
Who can join Local 697 FCU
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Membership is open to regular and associate members of International Brotherhood of Electrical Workers Local 697.
- Membership is open to employees of the Local 697 Apprenticeship and Training School.
- Membership is open to The Local 697 Pension Fund.
- Membership is open to NECA-IBEW Local 697 Health and Welfare Plan.
- Membership is open to members and employees of the Northern Indiana Chapter of the National Electrical Contractors Association, Inc.
Family and household
- Immediate family of credit union members are eligible to join.
Cost to join
- A $6 minimum deposit is required for a Member Ownership Account upon joining.
Membership information collected October 5, 2026.