Savings Accounts

All those who live, work, worship, attend school, or own real estate in: Alger, Baraga, Chippewa, Delta, Dickinson, Florence, Forest, Gogebic, Houghton, Iron, Keweenaw, Luce, Mackinac, Marinette, Marquette, Menominee, Ontonagon, Schoolcraft, and Vilas counties can become Embers Members.

The National Credit Union Administration's insurance guarantees that you'll receive the money you're entitled to from your deposit account if the credit union becomes insolvent. It guarantees up to $250,000 per person, per institution, per ownership category. The NCUA is a federal agency created by Congress to regulate credit unions and insure your money.

To open a checking account at Embers Credit Union, you’ll need your Social Security number, a valid address, and a $5 opening deposit. As part of the application, we’ll also securely verify your identity in the background and review the information provided to help protect you and prevent fraud.  

Embers Credit Union offers savings accounts for members across the Upper Peninsula, with local branch access in Marquette, Escanaba, Munising, Negaunee, Gwinn, Manistique, and Wells, plus online account opening when you’d rather get started from home!

If you’re searching for a savings account near you in Marquette, Escanaba, Munising, or anywhere in the UP, Embers is here to help make everyday banking simple.

A high-yield savings account helps your money earn more interest than a traditional savings account, giving your balance a little more spark over time. It can be a good option for emergency savings, future plans, or money you want to keep separate while still earning a higher APY.

At Embers Credit Union, our Money Maker account is a high-yield savings option designed to help your savings grow while still keeping your money accessible. Before opening any high-yield savings account, be sure to review the APY, balance requirements, fees, and how easily you can access your money.

A health savings account, or HSA, is a savings account that lets eligible individuals set aside money for qualified medical expenses. HSAs are commonly used with high-deductible health plans and can help pay for costs like doctor visits, prescriptions, dental care, vision care, and other eligible healthcare expenses.

The money in an HSA belongs to you, so unused funds can stay in the account and continue to be used for future qualified medical expenses.

HSA-qualified purchases are eligible medical expenses you can pay for using Health Savings Account funds. These may include doctor visits, prescriptions, dental care, vision care, medical equipment, and other qualified health-related expenses. In general, HSA funds are meant for costs that help diagnose, treat, prevent, or manage a medical condition.

Because IRS rules determine which expenses qualify, it’s a good idea to keep your receipts and check current guidance if you’re unsure whether a purchase is HSA-eligible.