Savings Accounts

A savings account can be used to save for future purchase, unexpected expenses, or to have money set aside for the future.  KEMBA gives our members a lot of options for making saving money easy.

Share (Savings) Account

All members receive a share (savings) account when they join the KEMBA.  This account pays our members dividends on the money they accumulate in their share (savings) account.  In addition, this account has the following features:

  1. No minimum balance requirement.

  2. Free online banking, mobile banking and access to our shared branching network to access your account.

Additional sub-share savings accounts can be opened if you need to separate your savings into more than one account.


Money Market Savings Account

This is a savings account that earns a higher interest rate than our share (savings) account. You must keep at least $2,500.00 in this account. This account is great for members that want to earn a higher interest rate and want access to their funds at any time without incurring a penalty for early withdrawal.  These accounts can be managed with free online banking and mobile banking.


Youth Custodial Savings Account

A Youth Custodial Savings Account allows our members to open a separate account for a minor child or grandchild.  This gives you a way to allow them to save and learn how to use a savings account until they reach the age of (18) eighteen.  These account earn dividends and can be managed with free online banking and mobile banking.