Turn planning into living.

Invest in Yes.

Sovita tailors five investment programs to maximize earnings for every family and lifestyle. These accounts have more specific requirements than a regular share or club account – when met, they can earn you a higher dividend than other accounts.

HI-FI Accounts.

High Interest Federally Insured Accounts (HI-FI) can multiply your dividend earnings if you maintain $2,500 in deposits.

Make deposits or withdrawals in amounts of at least $100, as often as needed. Whenever your balance falls below the required $2,500, you will earn a dividend lower than the Regular Share Savings account. Dividends are calculated daily and deposited to your HI-FI account on the last day of each month.

Open an account at any credit union office or call a Member Services Representative at (800) 369-2786, (810) 720-8300 or (810) 664-5351 to open a HI-FI account today.

Your savings are insured to at least $250,000 by the National Credit Union Association (NCUA), an agency of the federal government. The interest you earn on these accounts are declared weekly and may be 0%.

Certificates of Deposit.

Pledge the minimum deposit for a specific term – Certificates of Deposit (CD) offer a variety of terms and interest rates to choose from. Though CD interest rates are subject to change weekly, the interest rate in effect at the time of purchase is fixed for the term of the certificate. Penalties may be assessed for early withdrawal.

Open an account at any credit union office or call a Member Services Representative at (800) 369-2786, (810) 720-8300 or (810) 664-5351 to open a CD.

Your savings are insured to at least $250,000 by the National Credit Union Association (NCUA), an agency of the federal government. The dividends you earn on these accounts are declared quarterly and may be 0%.

Education Savings.

A Coverdell Education Savings account is a great way to accumulate the funds needed to pay for the educational expenses of the child named on the account. If the funds from the account are used to pay for qualified education expenses, the earnings and distributions may be tax- and IRS penalty-free*.

Open an account at any credit union office or call a Member Services Representative at (800) 369-2786, (810) 720-8300 or (810) 664-5351 to open an Education Savings account.

Your savings are insured to at least $250,000 by the National Credit Union Association (NCUA), an agency of the federal government.

*Please consult your accountant or tax/financial advisor with regard to your personal situation. Please note in particular that withdrawals may be subject to an early withdrawal penalty if invested in a certificate of deposit.

Retirement Savings.

Sovita offers both Traditional and Roth IRAs, which offer many tax advantages when saving for retirement. Benefits include tax-deferred interest income, deductible contributions and tax-free withdrawals depending on your personal situation*.

Open an account at any credit union office or call a Member Services Representative at (800) 369-2786, (810) 720-8300 or (810) 664-5351 to open an IRA account.

Your savings are insured to at least $250,000 by the National Credit Union Association (NCUA), an agency of the federal government.

*Please contact your accountant or tax/financial advisor with regard to your personal situation.

Health Savings Account (HSA).

A tax-favored savings account combined with a qualifying high-deductible health insurance plan* is known as an HSA. Employees who utilize this benefit can deposit tax deductible funds to cover 100% of their health plan's deductible, as well as other qualified medical, dental and prescription expenses.

Open an account at any credit union office or call a Member Services Representative at (800) 369-2786, (810) 720-8300 or (810) 664-5351 to open an HSA account.

Your savings are insured to at least $250,000 by the National Credit Union Association (NCUA), an agency of the federal government. The dividends you earn on these accounts are declared quarterly and may be 0%.

*A qualified high deductible health insurance plan has a minimum deductible for a single person or for family coverage. Please contact your plan administrator for detailed information about your deductible. The maximum out-of-pocket limits for a single person or for family coverage are subject to annual cost of living adjustments. Please review the limits set for each calendar year.