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Cultivate High-Yield Savings Account

With Cultivate, you'll earn one of our highest savings rates, no matter your balance. Earn exceptional dividends up to the first $1,000 saved, then take advantage of high-yield and additional bonus rates to keep your savings momentum going.

Open an Account See Rates
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Kick off your savings with 5.00% APY

Starting with your first dollar, Cultivate helps you build your savings quickly. You'll earn our best available savings rates to $49,999 without having to switch accounts.  

Balances Under $1,000

  • Jump start your savings by earning 5.00% APY on your entire balance up to $999 

Balances of $1,000 and Higher

  • Earn 3.25% APY on your entire balance up to $49,999
  • Unlock two bonus rate opportunities (see next section) 

Balances of $50,000 and Higher

  • Earn 1.55% APY on your entire balance 
  • Two bonus rate opportunities to earn up to 0.50% APY more (see next section) 

See Savings Rates and Terms

Bump Your Rate Further

Here are two ways to earn up to 0.50% APY more when your balance reaches $1,000. 

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Make monthly deposits—earn a 0.25% APY bonus

Deposit at least $100 monthly to your Cultivate account and you’ll earn an additional 0.25% rate bonus on top of your current APY for that month.

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Use your checking account—earn a 0.25% APY bonus

If you have any SELCO checking account, you can earn a second 0.25% APY bonus by doing the following each month:

  • Log in to digital banking at least once.
  • Make at least one deposit to your checking account.
  • Complete at least one non-deposit transaction, like using your debit card, transferring funds to another SELCO account, or paying a bill.

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No Fees or Required Minimum Balances

Just balance incentives to encourage you to save more, on your terms.

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No Transaction Limits

Deposit and withdraw funds as often as you need, or quickly transfer between SELCO accounts or another financial institution within digital banking.

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NCUA Insured Deposits

Rest easy knowing your savings are insured for up to $250,000 by the NCUA.

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Automatic Savings Options

Hit your savings goals (and develop savings habits) with automated, recurring transfers.

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Add Link Checking to get rewards

Link has several features, including round-up savings matches and no monthly or overdraft fees. Cultivate and Link make the perfect pair to help fast track your savings goals. 

Learn More About Link

Ready for high-yield savings?

Start earning our best available savings rates (plus bonus rate options) in just a few clicks.

Open a Cultivate Account