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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.

10% APY on the first $1,000* saved

  • 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 Mar 11, 2026

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

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Speed up your savings with Grow Your Change!

Pump up your savings even faster with every purchase on your debit card! Connect your High Yield Savings to your CloseEnuff™ checking with Grow Your Change, and it’ll round up your spare change right to your High Yield 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.

Money Market rates as high as 1.60% APY (Annual Percentage Yield) on balances starting at $25,000
Money Market

Save like a CD, spend like checking! Our Money Market accounts are made for boosted returns on bigger balances with the flexibility to hit your Impossible Dreams.

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CDs

Whatever timeline you’re on; we have a certificate of deposit term that works for you! Find one that fits, lock in a great rate, and save over a fixed term.

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Investments

Having options doesn’t have to be intimidating! Get connected to investment experts that can help you make the most of the market.

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Guide

How to Easily Cancel Your Subscription Services

Here, we’re laying out how to find subscriptions, cancel them, and avoid getting stuck with too many expensive subscriptions you don’t need in the future. Taken together it’s a few easy steps that can make a serious difference in your day-to-day finances… and your financial future.

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Guide

How to Save Money on Streaming Services

With Americans now spending around $70 a month on services like Netflix and HBO, plenty of Michiganders are wondering how to save money on streaming services. Even if you like and watch the services you have, there are practical ways to cut those monthly bills. Below, we explain how.

Daisy says: Find, track, and cancel monthly subscriptions with orsaWatch—right in digital banking!Daisy leaps for joy in front of a digitized graphic with app icons and a cancel button

News

Meet orsaWatch: Subscription Manager

Spot monthly subscriptions. Collect them all in one place. And even cancel what you don’t want right from digital banking. No extra apps. No extra subscriptions. All free for orsa members!

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!

The place for savers.

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.

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Banking

Take back control of your cash with innovative, flexible solutions built for the real world.

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Borrowing

From home and auto loans to so much more, whether it’s a bright spot or a dark moment, we’ve got you.

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Growing

Ready to create the future you want for your kids, your retirement, or your financial goals? Let's do it!

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Business

Local, personal, and supportive business solutions designed to supercharge your Michigan business.

*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.