Savings Accounts


Your shares in Motion Federal Credit Union are insured by the National Credit Union Share Insurance Fund (NCUSIF) or the Fund, an arm of NCUA. Established by Congress in 1970 to insure member share accounts at federally insured credit unions. The Fund is managed by NCUA under the direction of the three-person NCUA Board. Share insurance is similar to the deposit insurance protection offered by the Federal Deposit Insurance Corporation (FDIC).

The basic insured amount for a credit union member/owner under current law is $250,000. Share accounts maintained in different rights or capacities, or forms of ownership, may each be separately insured up to $250,000. Thus, a member may hold or have an interest in more than one separately insured share account in the same insured credit union.

All types of member share accounts and deposits received by the credit union in its usual course of business, including regular shares, money market accounts, share certificates, and share draft accounts may be insured.

If a member has an Individual Retirement Account in the credit union, this account is separately insured up to $250,000 by NCUA. It’s YOUR RIGHT to have your money protected. We have you covered at Motion!


You can become a Motion FCU member/owner by opening a Share Savings account. Because Motion account holders are member/owners, deposits in accounts are considered “shares”. You may open a share savings account with as little as $5.00. With this account you can deposit and withdraw funds at anytime ($5.00 is the minimum balance required to keep the account open).

Your funds are federally insured up to $250,000 by the National Credit Union Administration (NCUA) for added safety and peace of mind. See more information below.

Depending on your needs, other savings account options are available at variable terms and interest rates including:

Just to name a few.

Motion understands the importance of nurturing your dreams. Whether it’s a savings account to reach short term goals or an IRA to help plan for retirement, we are here for you. Stop in or call for more details! Get your dreams in motion.

Join “Club Motion"!

Club Motion is an exclusive savings club that offers a variety of ways for member/owners to save! This club showcases great savings plans that will help shape your financial future and provide better management of your cash flow. Short-term and long-term savings goals are available:

• Me Club -This account allows you to save for the things YOU want, not anyone else or anything else.

• Vacation Club – You deserve a vacation! Save for it now and enjoy later. This account gives you flexibility to take your dream vacation!

• Holiday Club – Save now for shopping during the holidays. Get yourself ready for great bargains and fun holiday shopping by saving now and getting your check in October!

Any of these accounts could be the perfect savings plan to match your savings needs. All savings accounts are federally insured and earn dividends. So join “Club Motion” today by choosing an account that’s just right for you: we think you deserve something special. That’s exactly what “Club Motion” is about. Visit any Motion branch to learn more.

Federally Insured by the NCUA

Share insurance coverage is provided by the National Credit Union Administration (NCUA), an independent government agency that charters, regulates and insures federal credit unions. Your shares are backed by our solid financial standing. However, the insurance protects members against loss if a federal credit union fails.