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Special Purpose Accounts

Plan Ahead: Save for a Purpose

Setting aside money for a certain goal (long or short-term) is a great way to plan, prepare and ensure you have the funds available for that particular need. Saving for a vacation, holiday, college, a down payment, etc. is easy if you set some aside each pay period. You can even set up automatic transfers right into the account. It’s like having a savings jar, only more sophisticated and you earn as you’re saving.

Special Purpose Accounts give you a nice dividend, allow withdrawals at any time, and don’t impose unnecessary fees. Open one for each goal (or purpose) to easily tell them apart, and save by depositing in each one as you go.

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If you have any questions, we are here to help. Call 315-735-8571 to talk about your options or make an appointment with one of our friendly and knowledgeable representatives today.

Interested In Learning More?

To see what other services are available with a First Source Savings Account, visit our Savings Account Options overview page.

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Special Purpose Rates

Check today’s rates effective March 25, 2023

Minimum Balance to Earn Dividends Dividend Rate APY*
$0.01-$999.99
Minimum balance to earn dividends		 0.35% 0.35%
$1,000.00-$4,999.99
Minimum balance to earn dividends		 0.35% 0.35%
$5,000.00-$9,999.99
Minimum balance to earn dividends		 0.35% 0.35%
$10,000.00 and Over
Minimum balance to earn dividends		 0.35% 0.35%

$5 minimum deposit required at account opening for regular share account only. This is a variable rate account. Rates above are subject to change without notice.
*APY – Annual percentage yield. Fees can reduce earnings on the account.

Federally insured by NCUA. Membership requirements apply. This is a variable rate account. Rates above are subject to change without notice. Fees can reduce earnings on the account.