U.S. Savings Bond

Whether you choose this as an investment for yourself or as a gift, U.S. Savings Bonds are a safe and practical way to save money.

Open an account online in less than ten minutes or visit any of our convenient branch locations.

Health Savings Accounts Overview

Even with good, high-deductible health care coverage, out-of-pocket medical expenses can be costly. To help individuals pay for these medical expenses, the federal government established a law allowing for a special tax savings account called a Health Savings Account (HSA).

What is a Health Savings Account?
A Health Savings Account (HSA) is a type of savings account into which you deposit money to save for future medical expenses. There are certain advantages to putting money into these accounts, including favorable tax treatment.

Who Can Have an HSA?
Any adult can contribute to an HSA if they:

• Have coverage under an HSA-qualified "high deductible health plan" (HDHP).
• Have no other first-dollar medical coverage (other types of insurance like specific injury insurance or accident, disability, dental care, vision care, or long-term care insurance are permitted).
• Are not enrolled in Medicare.
• Cannot be claimed as a dependent on someone else's tax return.

Consult your tax professional for more detailed information about HSAs

Explorers (Children up to 11 Years Old)

Children love to explore the world around them. They learn through fun activities and rewards. When your child opens an Explorers Savings Account with a minimum deposit of $5, he or she wi'll receive a special gift to encourage future savings habits.

Explorer Benefits Include:

• FREE gift at account opening
• Prize with each deposit
• Earn dividends on balances of $50 or more
• Fun Bucks worth 5% of deposits of $10 or more at the end of each quarter when you opt in to our Fun Savings Incentive Program¹
• FREE 24-hour account access through MATT Web or MATT Phone
• Eligible for Savings Builder Share Certificate that can be opened with as little as $5, money may be added to the Certificate at any time and it earns more dividends as it grows to a higher balance.

¹Maximum Fun Bucks earnings per quarter may not exceed $100. Funds awarded and deposited into the Fun Bucks Account are contingent with certain restrictions that apply. Fun Bucks expire after (1) one year from date of issuance. Fun Bucks are paid quarterly and the rate is 5% on deposits of $10 or more with an APY (Annual Percentage Yield) of 5.09%.

Adventurers (Ages 12 - 14)

Pre-teens love adventure. At this age, many young members are already thinking about ways to earn their own money and are doing so by babysitting, cutting lawns or performing other odd jobs or chores.

CFE's Adventurers Savings Account is an ideal way for them to earn more with dividends on their savings balance of $50 or more. These young entrepreneurs may also purchase a Visa® Re-loadable Prepaid Card, which helps get them ready for the responsibility and discipline they'll need with a real credit card later in life. Only this card is prepaid by you, so your child can't go over the limit.

Adventurer Benefits Include:

• FREE gift at account opening
• Prize with each deposit
• Earn dividends on balances of $50 or more
• Fun Bucks worth 5% of deposits of $10 or more at the end of each quarter when you opt in to our Fun Savings Incentive Program¹
• FREE 24-hour account access through MATT Web or MATT Phone
• Eligible for Savings Builder Share Certificate that can be opened with as little as $5, money may be added to the certificate at any time and it earns more dividends as it grows to a higher balance.

¹Maximum Fun Bucks earnings per quarter may not exceed $100. Funds awarded and deposited into the Fun Bucks Account are contingent with certain restrictions that apply. Fun Bucks expire after (1) one year from date of issuance. Fun Bucks are paid quarterly and the rate is 5% on deposits of $10 or more with an APY (Annual Percentage Yield) of 5.09%.

Innovators (Ages 15 - 17)

Teenagers have fresh ideas and big dreams. They are the innovators of tomorrow. As they enter the world of part-time employment, these young dreamers are beginning to drive and becoming more independent. With this new independence comes a need for a checking account with a debit card, credit card (with parent or guardian as co-maker), ATM access and 24- hour online access with bill payment capabilities. CFE's Innovators Account offers these products and services that teens desire, plus dividends on savings balances of $50 or more.

Innovator Benefits Include:

• FREE gift at account opening
• FREE 24-hour account access through MATT Web or MATT Phone
• Eligible for Savings Builder Share Certificate that can be opened with as little as $5, money may be added to the Certificate at any time and it earns more dividends as it grows to a higher balance
• Earn dividends on balances of $50 or more
• Fun Bucks worth 5% of deposits of $10 or more at the end of each quarter when you opt in to our Fun Savings Incentive Program¹
• Visa® Re-loadable Prepaid Card
• FREE Bill Payer ²
• FREE Visa® Debit Card or ATM card
• No monthly fee checking
• Platinum credit card with parent or guardian as co-maker

¹ Maximum Fun Bucks earnings per quarter may not exceed $100. Funds awarded and deposited into the Fun Bucks Account are contingent with certain restrictions that apply. Fun Bucks expire after (1) one year from date of issuance. Fun Bucks are paid quarterly and the rate is 5% on deposits of $10 or more with an APY (Annual Percentage Yield) of 5.09%.

² A monthly inactivity fee of $6.95 will be assessed if Bill Payer is not used to pay at least one bill during the previous 90 days per suffix enrolled.

Horizons (Ages 18 - 22)

Whether you're getting ready for college or the working world, your horizons are bright. CFE's Horizons Account can help you prepare for a successful financial future. The Horizons Account offers a variety of savings and loan product options to meet your changing financial needs with the special discounts, rates and savings you'll need to build financial independence and wealth for the future.

A Savings Account That Works for You

Start with as little as $5 to open your Horizons Savings Account and earn high-rate dividends on your balance of $50 or more. You'll also have access to:

• FREE ATM card
• FREE online account access with MATT Web and MATT Phone
• FREE unlimited ATM access at all CFE ATMs

Check Out Horizons Checking

• No monthly service charge
• FREE Visa® Debit Card
• FREE Bill Payer¹
• FREE first order of 150 CFE Custom Checks
• FREE unlimited ATM access at all CFE ATMs

Loans to Fit Your Needs²

• For first time car buyers who take a loan with CFE, we'll give you $250.³
• Platinum credit card with parent or guardian as co-maker
• Visa® Re-loadable Prepaid Card

Expand Your Horizons with Special Deals

Members are eligible for Savings Builder Share Certificate, which at can be opened with as little as $5: money may be added to the certificate at any time and earns more dividends as it grows to a higher balance.

Take Control of Your Financial Future Today!

Your journey to financial freedom, independence and wealth begins with the smart steps you take now to save time and money whenever possible. The products and services included in CFE's Horizons Account Services have been specially designed to help you reach your financial destination now and in the future.

¹A monthly inactivity fee of $6.95 will be assessed if Bill Payer is not used to pay at least one bill during the previous 90 days per suffix enrolled

²Certain restrictions apply. Loans are granted based on credit worthiness and the ability to repay.

³Based on the absence of an automobile tradeline on credit report.

Savings Incentive Program

At CFE, we encourage young members to develop a lifelong habit of saving for their future. We’ve made it fun and rewarding with our Savings Incentive Program. By participating in the program, your child can earn up to $400 each year in Fun Bucks!¹

Here’s how it works:
First, open a regular Share Savings account for a child. The account can be opened with as little as $5 and earns our regular Share Savings dividend rate. Deposits and withdrawals may be made just like a regular Share Savings account.

Next, to enroll in the Saving Incentive program, establish a Fun Savings account for the child. The Fun Savings account is where you or the child will deposit money that is intended for long-term savings.

As a reward for leaving the money in savings, the Fun Savings account will earn “Fun Bucks”. When $10 or more is deposited into your child’s Fun Savings account each quarter, CFE will send your child a Fun Buck worth 5% of the total amount of deposits up to $100 per quarter or $400 per year. The child can bring the Fun Buck to any CFE branch or they can mail in the Fun Buck for deposit to their Fun Bucks account.

Fun Bucks really grow as the years go by. As long as no withdrawals are made from their Fun Savings Account during the time they are qualified for a particular youth group (i.e. Explorers: through age 11; Adventurers: through age 14; Innovators: through age 17), the amount earned in Fun Bucks deposits is theirs to keep!

¹Fun Bucks are paid quarterly and the rate is 5% on deposits of $10 or more with an APY (Annual Percentage Yield) of 5.09%. Maximum Fun Bucks earnings per quarter may not exceed $100. Funds awarded and deposited into the Fun Bucks Account are contingent with certain restrictions that apply. If young memberS withdraw funds from their Fun Savings Account they forfeit any Fun Bucks earned. Youth members may “cash-in” their Fun Bucks once they graduate to the next youth account level based on age (i.e. Explorers: through age 11; Adventurers: through age 14; Innovators: through age 17). Or young members have the option of keeping their fun bucks in the Fun Savings Account as they transition into their next youth account level. There is no penalty for making withdrawals from the regular youth savings account.

Savings Builder Share Certificate

All youth accounts offer the ability to open a Savings Builder Share Certificate, a 6 month certificate with automatic renewal. With as little as $5, you can begin building your child's savings. With the capability to add funds to it at any time, you can build it however and whenever you wish. It earns a higher dividend rate than a regular savings account. Plus, as it grows to a higher balance, the rate climbs, too. The more your child saves the more money he/she can earn.

Elite Account

CFE's senior members (age 55 or older), enjoy special benefits. To qualify you must:

• Be aged 55 or older
• Have a minimum combined total in your account(s) of $1,000 or monthly direct deposit of pension and/or Social Security check(s).

Begin enjoying these benefits when you become an Elite account member:

• All Share account benefits
• 25% discount on safe deposit boxes
• All Share Draft account benefits
• Free money orders and official checks
• 150 free "Exclusive Duplicate Checks"each year