Personal Accounts
  • Savings Accounts
  • Checking Services
  • Health Savings Accounts
  • Retirement Accounts
  • Student Center (Youth Accounts)
  • Elite Accounts
  • Share (savings)
  • Holiday & Summer Share
  • Insured Money Market
  • Term Share Certificate
  • U.S. Savings Bonds
  • Coverdell Education Savings

Share (Savings) Account

When you join our credit union you're not only a member, you are also an owner with a "share" in the credit union. Our savings account, known as a share account, allows you to establish your ownership in the credit union with a minimum deposit and a one-time membership fee. Your exclusive membership will open the door to our full selection of quality products and services.

  • $5 minimum opening deposit
  • Unlimited deposits and in-person withdrawals
  • No monthly service charge 1
  • $10 membership fee
  • Dividends calculated from date-of-deposit to date-of-withdrawal; compounded daily; credited monthly; $50 minimum daily balance to earn dividends

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

1 A monthly fee of $5 will be charged if a member's cumulative average daily balance is less than $250 for the month. However, there are exceptions such as: accounts with an active loan or credit card, and accounts of members under age 23.

Holiday & Summer

Manage your money by opening a Holiday or Summer Share account and enjoy all the benefits of a regular Share account while you save for the purpose you choose: vacations, summer pay, holidays, or even a new car.

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

Insured Money Market Account

Enjoy a higher, more competitive market rate and continue to keep your funds liquid with our IMMA. The money market account is designed to be a short-term investment account.

  • Dividends — calculated from date-of-deposit to date-of-withdrawal; compounded daily; credited monthly
  • Rate determination based upon market conditions
  • $1,000 minimum opening deposit
  • Unlimited deposits and in-person withdrawals maximum of six transfers per calendar month. (Regulation D)
  • No monthly service charge1
  • Tiered rates

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

1 A monthly fee of $5 will be charged if a member's cumulative average daily balance is less than $250 for the month. However, there are exceptions such as: accounts with an active loan or credit card, and accounts of members under age 23.

Term Share Certificate

Safe. Secure. Flexible. With terms from three months to five years, you're sure to find a certificate that will meet your financial needs. As an added convenience, certificates will automatically renew unless you specify otherwise. The limited access to your funds will allow you to save more quickly while earning higher dividend dollars.

  • Dividends — fixed rate; compounded monthly; credited monthly
  • $1,000 minimum opening deposit
  • Funds available at maturity1
  • No monthly service charge
  • Monthly dividends mailed directly to you, transferred to one of your accounts, or allowed to accumulate until your certificate matures.
  • Quarterly statements mailed
  • Tiered rates

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

1Substantial penalty for early withdrawal.

U.S. Savings Bond

U.S. Savings Bonds are no longer available for purchase in our branches; however, you may visit any CFE branch to redeem a savings bond.

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

Coverdell Education Savings Account

Save for your child's education at whatever stage in his or her life and enjoy tax-free withdrawals on qualified education expenses. From elementary school to any college or trade school, our Coverdell Education Savings is a flexible and a safe choice.

  • Maximum contribution: $2,000 total each year for all accounts opened on each child's behalf.
  • Withdrawals (including earnings) are tax- and penalty-free for qualified higher-education expenses, including expenses for elementary and secondary education.
  • Qualified expenses: tuition, books, certain room and board expenses for higher education (college and trade school) and home computers to be used by the beneficiary and his or her family during that period.

Consult a tax advisor for tax related questions.

  • CFE Checking
  • MyGreenCFE Checking
  • Check Re-Orders

Checking Accounts

We make checking simple and convenient. Our checking accounts (also called share draft accounts), offer you many choices to make purchases and pay by check, Visa® debit card, online with Bill Payer, through automatic transfers, or even perform transactions using your mobile phone. Open a checking account and take advantage of many benefits, including:

  • Free debit card, with choice of many designs and additional benefits
  • Variety of duplicate check designs
  • Online banking using MATT Web with easy-to-use Bill Payer
  • Monthly itemized statements, either eStatements or paper
  • Access to thousands of ATMs worldwide
  • Convenient direct deposit and payroll deduction available
  • No monthly service charge1
  • No minimum balance required1
  • No per check charge

We also offer a variety of specialized accounts tailored to select members' needs based on their lifestyle:

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

1 A monthly fee of $5 will be charged if a member's cumulative average daily balance is less than $250 for the month. However, there are exceptions such as: accounts with an active loan or credit card, and accounts of members under age 23.

MyGreenCFE Checking (Paperless Share Draft Account)

Help the environment while enjoying maximum convenience with our secure online banking, electronic bill payer, mobile banking, direct deposit, and eStatements. And you’ll appreciate making a green statement each time you use your green debit card. It’s safer than cash, more convenient than checks, and you earn reward points that benefit you and the environment.

Read about our Green Checking account at MyGreenCFE.com.

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

Related Links

Check Re-Orders

For convenience and enhanced security, check orders can now be placed online in
MATT Web online banking. After logging in click the "Order Checks" link in the column to the right under the Deposit Accounts Summary.

If this is your first time ordering checks, or if you would like to make changes to your name or address, please visit one of our branch locations or call our Member Service Center at
(407) 896-9411, (800) 771-9411 option 3.

Check re-orders may also be ordered directly by telephone through Harland Clarke at
(800) 355-8123.

  • HSA Overview
  • Advantages of HSAs

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.

Advantages of HSAs

Security — Your high deductible insurance and HSA protect you against high or unexpected medical bills.

Affordability — You should be able to lower your health insurance premiums by switching to health insurance coverage with a higher deductible.

Flexibility — You can use the funds in your account to pay for current medical expenses, including expenses that your insurance may not cover, or save the money in your account for future needs, such as:

  • Health insurance or medical expenses if unemployed
  • Medical expenses after retirement (before Medicare)
  • Out-of-pocket expenses when covered by Medicare
  • Long-term care expenses and insurance

Savings — You can save the money in your account for future medical expenses and grow your account through investment earnings.

Control — You make all the decisions about:

  • How much money to put into the account
  • Whether to save the account for future expenses or pay current medical expenses
  • Which medical expenses to pay from the account
  • Which company will hold the account
  • Whether to invest any of the money in the account
  • Which investments to make

Portability — Accounts are completely portable, meaning you can keep your HSA even if you:

  • Change jobs
  • Change your medical coverage
  • Become unemployed
  • Move to another state
  • Change your marital status

Ownership — Funds remain in the account from year to year, just like an IRA.

There are no "use it or lose it" rules for HSAs.

*Tax Savings — An HSA provides you triple tax savings:

  • Tax deductions when you contribute to your account
  • Tax-free earnings through investment
  • Tax-free withdrawals for qualified medical expenses

The US Department of Treasury web site has detailed information about Health Savings Accounts (HSAs) along with a comprehensive list of frequently asked questions.

Visit any branch to open your Health Savings Account (HSA) today.

*Consult your tax professional for more detailed information about HSAs.

  • Traditional IRA
  • Term Share Certificate IRA
  • Roth IRA

Traditional IRA

If you want to save money so you can enjoy retirement without risk, a Traditional Individual Retirement Account (IRA) is a safe means to do so. Dividends are calculated from the date-of-deposit to the date-of-withdrawal; compounded daily; credited monthly; and there is no minimum balance required to earn dividends.

  • No minimum opening balance
  • Add to your IRA until you reach your maximum contribution or make one single contribution
  • No monthly service charge
  • Quarterly statements mailed

 

 

Term Share Certificate IRA

With at least $1,000, you can open an IRA Term Share Certificate and maximize the dividends on your retirement funds safely.

  • Dividends — fixed dividend rate; compounded monthly; credited monthly
  • $1,000 minimum opening balance
  • Terms from 3 months to 5 years
  • Funds available at maturity1
  • No monthly service charge
  • Quarterly statements mailed
  • Tiered rates

1 Substantial penalty for early withdrawal.

Roth IRA

If you are contemplating starting to save for retirement, then wait no longer. A Roth IRA is a safe and reliable retirement account. Plus, Roth IRAs generally offer better tax savings and more flexibility to make withdrawals than Traditional IRAs. Unlike a Traditional IRA, you cannot deduct contributions to a Roth IRA. But, if you satisfy the requirements, qualified distributions (defined in Publication 590) are tax free.

  • Individuals are subject to eligibility requirements to open a Roth IRA.
  • Contributions can be made to a Roth IRA regardless of age.
  • If contributions are made to only Roth IRAs your contribution limit generally is the lesser of $5500 ($6500 if you are age 50 or older) or your taxable compensation. However, if your modified Adjusted Gross Income is above a certain amount, your contribution limit may be reduced.
  • You can make contributions to your Roth IRA at any time during the year or by the due date for your return that year (not including extensions).
  • Further details on IRA provisions may be found at no cost by accessing the IRS website.

*Consult your tax professional for more detailed information about Roth IRAs.

Student Center

Welcome to our Student Center! This site was created for you – with information to help you get on the right track with your money.

It's been said that money is king. But is it really? What is money all about? What can it do for you? How can you keep your money safe? You can find answers to all of these questions and more in our student center. We've created it to help you learn how to take good care of your money. After all, don't you want to feel in control? Wouldn't it be great to know as much if not more about handling your finances than, say, your own parents? Well, we have the products and services you'll need to become financially independent and successful in the future. Now, dig in and explore!

Choose your grade level and start learning about what we have to offer.

  • Elite Accounts

Elite Account

Our 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