SAVINGS ACCOUNTS
Regular Share Savings
An initial deposit of $5.00 in your Regular Share Savings account is required and represents your "ownership share" in the credit union.
Your "ownership share" allows you to have input in how the credit union is run, as well as, entitles you to run and participate on the Board of Directors who are in charge of the credit union’s operations.
Your HUDFCU Regular Share Savings Account is the cornerstone of your relationship with HUDFCU. Every member is required to have a Regular Share Savings Account as it represents your "ownership share" in the credit union.
Learn more about features and benefits
We don't like monthly fees either. That's why you'll never pay one at HUDFCU
You must maintain a $5.00 balance in your Regular Savings Account as it represents your "ownership share" in the credit union.
Free, secure digital banking access is available to you 24/7/365 via Online Banking and Mobile Banking.
Our digital banking has a number of features to make your life easier. Access your statements securely online with e-statements. A checking account is also required with a savings account to conveniently pay any business or person from online banking with our free Bill Pay service.
Savings accounts may be used with an ATM card to withdraw from an ATM, but purchases are debited through your checking account.
Access money surcharge free at locations you already visit like 7-Elevens and Rite Aids. Use our locator service to find the nearest surcharge free ATMs to you.
Make cash deposits or access teller services nationwide. Use our locator service to find the nearest shared branch.
To open an account, you must be a member of HUDFCU. Establishing your membership is easy – just open a regular share savings account. See if you’re eligible for membership. For additional information or assistance, please call us at 202-863-2800 ext 3.
Rainy Day Savings
Rainy Day Savings is designed to help you build an emergency fund while earning a competitive return on your money. Whether it’s a surprise expense or an unexpected life moment, this account helps you stay prepared and financially confident.
How It Works
Rainy Day Savings is built specifically for emergency savings — not everyday spending.
- Earn 2.27% APY* on balances up to $5,000
- Monthly deposits are limited to $1,000 to encourage steady saving
- Funds are accessible when you need them most
Why Choose Rainy Day Savings
This account offers one of the most competitive options available for smaller balance savings.
- Earn more than typical savings or club accounts
- Keep emergency funds separate from everyday spending
- Build peace of mind with a dedicated safety net
To open an account, you must be a member of HUDFCU. Establishing your membership is easy — just open a regular share savings account. See if you’re eligible for membership. For additional information or assistance, please call us at 202-863-2800 ext. 3.
Disclosure:
Annual Percentage Yield (APY) is accurate as of the effective date and is subject to change at any time without notice. APY applies to balances up to $5,000. Balances above $5,000 will earn a lower dividend rate. Monthly deposits are limited to $1,000. Fees or withdrawals may reduce earnings. Membership eligibility required. Account terms and conditions apply.
© 2026 HUD Federal Credit Union. All Rights Reserved. Federally insured by the National Credit Union Administration, a U.S. Government Agency. Deposits insured up to $250,000.
This credit union is federally insured by the National Credit Union Administration. We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act. NMLS #: 438402