Credit union · NCUA insured
SalemVA Credit Union Savings Rates
Top CarrotSalemVA Credit Union’s best savings rate is 1.41% APY on $10,000, with its Money Market Account. Rates checked October 22, 2026.
How SalemVA Credit Union’s savings rates compare
Compared with banks and credit unions near Roanoke, VA, where SalemVA Credit Union has the most branches. $10,000, best rate first.
This credit union’s best
SalemVA Credit Union
1.41%APY
- Minimum
- —
- Earns on $10,000 a year
- $141
Money Market Account
Top rate
Beacon Credit Union
4.00%APY
- Minimum
- $100
- Earns on $10,000 a year
- $400
2nd-highest rate
Freedom First
3.25%APY
- Minimum
- $5,000
- Earns on $10,000 a year
- $325
SalemVA Credit Union savings score
87
Savings score
Higher than 77% of U.S. banks and credit unions
- $1,000 balance$1,0000.05%
- $10,000 balance$10,0001.41%
- $100,000 balance$100,0002.22%
- QualifiedQualified1.41%
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 SalemVA 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 Account
1.41%APY
Limited to no more than six (6) withdrawals or transfers per month (including automatic transfers, telephonic orders, checks, or ACH). Exceeding limitations in any statement period may result in a fee or account closure.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $10,000 – $24,999Tier 1 balance tier. | 1.41% | $141 | Tier 1 balance tier. |
| $25,000 – $49,999Tier 2 balance tier. | 1.61% | — | Tier 2 balance tier. |
| $50,000 and upTier 3 balance tier. | 2.22% | — | Tier 3 balance tier. |
Sources (2)
All captured Oct 15, 2026
Regular Shares (Savings)
0.10%APY
Membership share in the Credit Union requires a $5 minimum deposit, which remains on deposit while a member.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Up to $5,000 | 0.05% | — |
| Over $5,000 | 0.10% | $10 |
Sources (3)
- salemvafcu.org/accounts/savings/regular-savings
- salemvafcu.org/accounts/share-rates
- salemvafcu.org/accounts/savings
All captured Oct 15, 2026
Special-purpose accounts
IRA
0.10%APY
IRA options include Traditional and Roth IRAs. Subject to limitations and/or penalties imposed by the IRS.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Any balance | 0.10% | $10 |
Sources (3)
- salemvafcu.org/accounts/share-rates
- salemvafcu.org/accounts/savings
- salemvafcu.org/accounts/savings/ira
All captured Oct 15, 2026
Christmas Club
0.01%APY
Club account with no early withdrawal penalty. Moves accumulated funds to savings in October. Monthly dividend period.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Any balance | 0.01% | $1 |
Sources (3)
- salemvafcu.org/accounts/share-rates
- salemvafcu.org/accounts/savings
- salemvafcu.org/accounts/savings/club-accounts
All captured Oct 15, 2026
Vacation Club
0.01%APY
Club account with no early withdrawal penalty. Monthly dividend period.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Any balance | 0.01% | $1 |
Sources (3)
- salemvafcu.org/accounts/share-rates
- salemvafcu.org/accounts/savings
- salemvafcu.org/accounts/savings/club-accounts
All captured Oct 15, 2026
Who can join SalemVA 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, or worship in the cities of Salem, Roanoke, town of Vinton, or Roanoke County are eligible to join Salem VA Credit Union.
Cost to join
- Membership requires an initial $5 deposit for a share as a credit union member/owner.
Membership information collected October 4, 2026.