Quorum Federal Credit Union Term Savings

Lock in predictable, guaranteed returns with zero market guesswork.

Earn up to a 4.20% APY with fixed-dividend rates that shield your money from market swings
Choose flexible options including a 7-Month Term (4.20% APY) or an 11-Month Term (4.15% APY)
Requires a low minimum balance of just $100 to open and maintain the account
Absolutely $0 monthly fees to maximize your savings growth
Fully managed digital banking via an easy online application and a highly rated mobile app

How to maximize your Quorum Term Savings

Quorum Federal Credit Union is a digital-first credit union whose not-for-profit status means they return profits directly to members through competitive dividend rates rather than corporate stockholders. If you want a safe, predictable way to hit your savings milestones without market anxiety, their Term Savings accounts are an ideal choice.

Step 1: Choose the term that fits your timeline

Evaluate your upcoming milestones—whether you are prepping for tuition, a wedding, or legacy goals. You can secure a 4.20% APY for 7 months or lock in a 4.15% APY for 11 months depending on when you need liquidity.

Step 2: Manage your renewal strategy online

Quorum gives you full digital control over your funds. Use their online term account management tools to easily track your money, set your renewal preferences, or adjust your strategy as your maturity date approaches.

Step 3: Keep funds locked to avoid penalties

Because these are fixed-dividend term accounts built for stable growth, an early withdrawal penalty will apply if you pull your money out before the maturity date. Treat this account as a secure vault for money you are fully committed to saving.

Wrap-up

With a low $100 entry barrier, zero monthly fees, and federally insured stability backed by the NCUA, Quorum Term Savings offers a stress-free environment to grow your wealth steadily.

Legal & Disclosures

Advertiser Disclosure

MyWealthWallet is not a bank. We are a financial education and content platform. We may receive compensation when you click on links to products from our partners. This compensation may influence which products we write about and where and how they appear on the page. However, it does not influence our evaluations or recommendations. Our opinions are our own.

Quorum Federal Credit Union Term Savings Disclosures

Annual percentage yield (APY) in effect as of 6/8/26. Term savings accounts are fixed-dividend accounts. Dividends are compounded monthly and paid monthly. The minimum deposit and balance required to earn APY is $100. A penalty will be imposed if funds are withdrawn prior to maturity date. Fees could reduce earnings. The 7- and 11-Month Term Accounts will automatically roll over into the 12-Month Term Account at the current rate at maturity. Quorum Federal Credit Union accounts are relevant to residents in the United States who qualify to join Quorum Federal Credit Union through a Select Employers Group (SEG) or the American Consumer Council (ACC). Deposits are federally insured by the NCUA up to $250,000.

General Disclaimer

The information provided on this page is for educational and informational purposes only. It should not be construed as financial, investment, or tax advice. Before opening any account, please carefully review all terms, conditions, fees, and disclosures provided by the partner. Your individual circumstances may vary, and we recommend consulting with a qualified financial advisor before making any financial decisions.