High Yield Savings Account
10% APY* takes your savings to new heights!
Huzzah!
We are now orsa credit union!
Our name has changed. Everything you love and expect stays the same.
Start small, dream BIG with 10% APY!
10% APY on your first $1,000* and a rate that’s great at any balance is a big deal—but that’s just how we do things. orsa credit union goes big for our members so that your savings can go even bigger! Whether you need a boost to get your savings started or just want to earn some extra on the side, the orsa High Yield Savings Account is all about getting a great rate for a speedy start, so that it turns into even more savings down the line.
High Yield Savings Benefits
Reach new heights
Our High Yield Savings has a lot to highlight, but we’ll keep it high-level.
Earn 10% APY
It’s easy to start strong when you earn 10% APY* on the first $1,000. No rush—even when you pass the balance threshold, your first $1,000 still gets our great 10% APY rate!
No fees
Upkeep fees don’t exactly help to keep up the progress, and we’re not down with that–so we dropped them completely.
No minimums
With no minimums to earn dividends, anything you put in means progress. It’s a lot easier to get in the practice of saving when you can see it work right from the start!
Only $5 to open
$5 is all it takes to start your orsa High Yield Savings Account. That’s not a cost to you, either! It goes right into your account, getting the growth going.
High Yield Savings Details
What’s your savings stack?
Boosting your savings couldn’t be easier with clear, simple benefits.
- No fees
- No minimum to earn dividends
- Boosted savings rate beyond your first $1,000*
- Grow Your Change! Connect your CloseEnuff™ checking and boost your savings even more with round up savings every time you make a debit card purchase
- Federally Insured by the NCUA up to $250,000 with additional Excess Share Insurance up to $100,000
- Only $5 to open!
High Yield Savings
Date Updated Dec 19, 2025
Minimum to Open | Minimum to Earn Dividends | Dividend Rate | APY* |
|---|---|---|---|
High Yield Savings |
|
|
|
$5 | $0 | 9.57% | 10.00% on balances up to $1,000* |
|
| 0.10% | 0.10% on balances up to $1,000* |
*APY = Annual Percentage Yield. APY may change before or after the account is opened. Fees may reduce earnings. Goal Setter Accounts require monthly auto deposits to earn dividends, subject to penalty for early withdrawal. Rates are subject to change at any time. orsa credit union membership is required. orsa Fee Schedule.
High Yield Savings
Start your savings journey today
Got five minutes and five bucks? You can start boosting your savings now!
High Yield Savings Uses
What can you use High Yield Savings for?
High Yield Savings was built with every Michigander in mind. Wherever you’re going, it’s here to help get you there. Here are just a few ways it helps people like you Dream Wild™.
Moms
Plan that next girl’s trip, garden makeover, or exotic family vacation—you’ve earned it! Besides, big purchases are a High Yield Savings specialty.
Students
Saving for your dream school? Sick of driving the family car and want something of your own? No worries, High Yield Savings was made for fast starts.
Teachers
Save up for yearly school supplies or splurge on a lazy summer break. While you’re busy teaching, High Yield Savings is busy stacking your cash.
Grow Your Change Savings
Grow Your Change Savings
Your Roadmap to Gains
High Yield Savings is only the beginning
A high balance in your High Yield Savings is just the start. When it’s time to take the next step in your savings journey, we’re here to keep your growing going.
The place for savers
Guide
The New Member’s Guide to orsa
So, you just became an orsa member—what now? In this guide, we’ll walk you through the accounts and services that make orsa stand out, and what to do next to make the most of them!
News
Did you know our High Yield Savings was repeatedly named #1 by MarketWatch in 2025?
Throughout 2025, our High Yield Savings account was consistently ranked either #1 or among the top three in America by MarketWatch. Not just a one-time headline, it’s a year-long reminder of what happens when you build savings the right way.
News
The ATM But Better: Introducing ITMs
We're bringing the latest and greatest banking technology to make your member experience even better! Get all the details about what these machines are and how you can use them.
Frequently asked questions
High Yield Savings Account FAQ
Learn more about our High Yield Savings Account here. Or call our Care Center at (877) 937-2328 for anything we didn’t cover!
Other ways to save
The place for savers
We’ve got something for just about any savings goal, whether that’s a speedy start with our High Yield Savings Account, steady growth with a long term, low-effort CD, or the flexibility to spend and save with a Money Market.
What We Do
Making Impossible Dreams come true on the daily.
Wherever you are on your financial journey, you Belong here.
*APY = Annual Percentage Yield. Rate offered may change at any time. The minimum balance to open the account is $5.00. The 10.00% APY is earned on balances of $.01 to $1,000.00. Balances of $1,000.01 and above earn an APY of 0.10%. Fees could reduce earnings. Federally insured by the NCUA.