At Chocolate Bayou Community Federal Credit Union, we make saving easy and rewarding with a variety of account options tailored to your unique goals. Whether you’re looking for a high yield savings account to maximize your earnings, a college savings account for education expenses, a retirement savings account for your future, or want to teach your kids the value of saving with a youth savings account, we have the right solution for you. In addition to our retirement savings accounts, we also offer Roth and IRA savings options to help you prepare for your future.
Save for Christmas, a vacation, retirement, or even a rainy day! We have lots of options to help you reach your goals, whatever they may be. Contact us to speak with a Chocolate Bayou Credit Union Member Service Representative to open your youth, college, retirement, or high yield savings account today!
Basic Savings
A secure place to stash your money. Members may have up to 2 primary basic Savings Accounts.
- No monthly maintenance fee
- Federally insured up to $250,000 by the NCUA
- Free money management tools
- Nation-wide account access with shared-branching
- ATM Card available
How to Open
Stop by any Chocolate Bayou branch with:
- $5 opening deposit for membership savings account(+ more if desired)
- Valid Government issued photo ID + a second form of identification (Social Security card, official tax documents, or utility bills are acceptable. Ask a representative for more options. Current members need only furnish Valid government issued, photo I.D.)
2nd Savings
The safest place to stash your emergency savings!
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- No monthly maintenance fee
- Federally insured up to $250,000 by the NCUA
- Free money management tools
- Nation-wide account access with shared-branching
How to Open
Stop by any Chocolate Bayou branch with:
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- Valid Government issued photo ID + a second form of identification (Social Security card, official tax documents, or utility bills are acceptable. Ask a representative for more options. Current members need only furnish Valid government issued, photo I.D.)
Kids' Savings Club
A fun way for kids to learn about money! Chocolate Bayou’s Mudbug Kids’ Savings Club was created for children age 0 – 12.
- No monthly maintenance fee
- Federally insured up to $250,000 by the NCUA
- Free money management tools
- Nation-wide account access with shared-branching
- Free coin bank
- Annual birthday card with special birthday surprise
- ATM Card available
How to Open
Open a Mudbug Savings Account for a special child in your life! Stop by any Chocolate Bayou branch with:
- $5 opening deposit for membership savings account(+ more if desired)
- Child’s birth certificate and social security card
- Parent , legal guardian, or other family member’s valid government issued photo ID and a second form of identification (Social Security card, official tax documents, or utility bills are acceptable. Ask a representative for more options. Parent, legal guardian, or other family member must be 18 or older. Current members need only furnish valid government issued, photo I.D.)
Christmas Club Savings
A smart way to save for the holidays. Members may have 1 primary Christmas Club Savings Account.
- No monthly maintenance fee
- Federally insured up to $250,000 by the NCUA
- Free money management tools
- Limited access to encourage saving
- Open withdrawal period each year (November 15 through January 15)
- Low fee assessed if emergency access to funds is needed ($5)
How to Open
Stop by any Chocolate Bayou branch with:
- $5 opening deposit for membership savings account(+ more if desired)
- Valid Government issued photo ID + a second form of identification (Social Security card, official tax documents, or utility bills are acceptable. Ask a representative for more options. Current members need only furnish Valid government issued, photo I.D.)
Vacation Savings
Save up to take a dream vacation! Members may have 1 primary Vacation Savings Account.
- No monthly maintenance fee
- Federally insured up to $250,000 by the NCUA
- Free money management tools
- Nation-wide account access with shared-branching
How to Open
Stop by any Chocolate Bayou branch with:
- $5 opening deposit for membership savings account(+ more if desired)
- Valid Government issued photo ID + a second form of identification (Social Security card, official tax documents, or utility bills are acceptable. Ask a representative for more options. Current members need only furnish Valid government issued, photo I.D.)
Term Share Certificate
Grow your money with a Chocolate Bayou Term Share Certificate.
- No monthly maintenance fee
- Federally insured up to $250,000 by the NCUA
- Free money management tools
- Low minimum balance of just $1,000
- Terms from 3 months to 5 years
How to Open
Stop by any Chocolate Bayou branch with:
- $1,000 or more
- Valid Government issued photo ID + a second form of identification (Social Security card, official tax documents, or utility bills are acceptable. Ask a representative for more options. Current members need only furnish Valid government issued, photo I.D.)
Individual Retirement Account (IRA)
It’s never too early to start saving for retirement!
- No monthly maintenance fee
- Federally insured up to $250,000 by the NCUA
- Free money management tools
- Low minimum deposit of just $5
- IRA certificates available for terms from 3 months to 5 years
How to Open
Stop by any Chocolate Bayou branch with:
- $5 opening deposit (+ more if desired)
- Valid Government issued photo ID + a second form of identification (Social Security card, official tax documents, or utility bills are acceptable. Ask a representative for more options. Current members need only furnish Valid government issued, photo I.D.)