Let’s Invest in You
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
Boost your savings with High Interest Federally Insured Accounts (HI-FI). Keep a minimum balance of $2,500, and watch your dividends grow.
- Flexibility: Deposit or withdraw in $100 increments whenever needed
- Competitive Rates: If your balance dips below $2,500, you’ll still earn dividends—just at a lower rate than a Regular Share Savings account
- Daily Growth: Dividends are calculated daily and deposited monthly
Open your HI-FI account today at any credit union office or by calling a Member Services Representative at (800) 369-2786, (810) 720-8300, or (810) 664-5351.
Your savings are federally insured up to $250,000 by the NCUA. Interest rates are declared weekly and may vary.
Certificates of Deposit
Lock in your savings and enjoy stable growth with a Certificate of Deposit.
- Customizable Terms: Choose from a variety of terms and rates to suit your goals
- Fixed Rates: Enjoy peace of mind knowing your interest rate stays the same throughout your term
- Penalty Considerations: Be aware of potential penalties for early withdrawal
Open a CD at any credit union office or call a Member Services Representative at (800) 369-2786, (810) 720-8300, or (810) 664-5351.
Your savings are federally insured up to $250,000 by the NCUA. Dividends are declared quarterly.
Education Savings
Plan for a brighter future with a Coverdell Education Savings Account.
- Tax Benefits: Earnings and withdrawals may be tax- and penalty-free when used for qualified education expenses
- Smart Savings: Save for tuition, books, and other educational needs
Open an Education Savings account today at any credit union office or by calling (800) 369-2786, (810) 720-8300, or (810) 664-5351.
Your savings are federally insured up to $250,000 by the NCUA.
*Consult a tax or financial advisor to understand your specific situation.
Retirement Savings
Secure your future with Sovita’s Traditional and Roth IRAs.
- Tax Advantages: Enjoy tax-deferred interest income, deductible contributions, or tax-free withdrawals based on your plan*
- Peace of Mind: Build a solid foundation for retirement with confidence
Open an IRA today at any credit union office or by calling (800) 369-2786, (810) 720-8300, or (810) 664-5351.
Your savings are federally insured up to $250,000 by the NCUA.
*Speak with a tax or financial advisor to determine the best option for you.
Health Savings Account (HSA).
Take control of your healthcare expenses with a tax-favored Health Savings Account (HSA).
- Comprehensive Coverage: Use tax-deductible funds for medical, dental, and prescription costs
- Flexible Contributions: Cover up to 100% of your health plan deductible
Open an HSA today at any credit union office or by calling (800) 369-2786, (810) 720-8300, or (810) 664-5351.
Your savings are federally insured up to $250,000 by the NCUA. Dividends are declared quarterly.
*Eligibility requires a high-deductible health plan. Consult your plan administrator for details.
