How it works
- Contact ECS to open your Summer Savings Account
- Set your monthly contribution amount through payroll direct deposit (up to $2,500/month)
- Earn 4.00% APY* on your full balance all year long
- Choose where your funds go at maturity: transfer to any ECS account or receive a check
- When your balance is transferred out each July, the cycle starts fresh with your next direct deposit
Account details
- Deposits via payroll direct deposit only — no outside transfers
- Dividends calculated daily, credited monthly
- No ATM access to funds
- eStatements required
- Requires an existing ECS Primary Share Account
- Rates subject to change each July 1st
Early withdrawals & maturity
- Early withdrawals (full or partial) are fee-free and penalty-free, but must be made in person at our El Cajon branch
- Funds cannot be rolled over into the next year — balance must be transferred out and the process begins again with your next direct deposit
Ready to get started?
Call or text "SUMMER" to us and a representative will help you set your account up!
*APY = Annual Percentage Yield. 4.00% APY rate subject to change each July 1st. All rates, terms, and conditions subject to change.
ECSFCU!
