Free Checking

You can open a free checking account after you have established your membership with the Credit Union. Just as with the savings accounts, we have designed two checking account programs to be as competitive and convenient as possible.


  • Mobile & Online Banking
  • Remote Check Deposit
  • Online Bill Pay
  • Direct Deposit
  • A Hercules Visa Debit Card
  • No Monthly Fees
  • Order Checks Online



Woman in glasses thinking and smiling.

Gold Tier Checking

Our Gold Tier Checking was created as a way to give back additional rewards to you, our valued Member! You’ll have all the same benefits as our free checking with a few additions.


  • Free Identity Theft Protection
  • Increased Dividend Payout
  • Additional Benefits & Reward Point Opportunities
  • No Monthly Fees



  • Sign-up for e-statements
  • Direct deposit every 30 days
  • 10+ VISA Debit Card purchases every 30 days
  • Average daily balance of $1500+ over last 30 days

Meeting these requirements on a monthly basis will automatically qualify you for the benefits listed above. If you don’t qualify, you’ll still have all the same great benefits of our free checking!

Regular Savings

Have full access to your accounts anywhere with online banking and our mobile banking app. Easily manage your finances wherever you are.


  • Mobile & Online Banking
  • Online Bill Pay
  • Mobile Deposit Capture
  • Credit Union Shared Branches
  • Plan for the future and set aside money for emergencies
  • Your money grows with competitive dividend rates
  • Transfer money online or in the branch
  • Create secondary savings accounts for upcoming expenses like college, vacations or Christmas gifts
  • Insured by the NCUA up to $250,000
Grandpa looking at his retirement accounts on a tablet.
Grandpa looking at his retirement accounts on a tablet.
Man and woman reviewing account options on a tablet.

Money Fund Savings​

Your Money Fund Savings account is a great way to build your wealth faster. Enjoy the benefits of a higher dividend rate on every dollar – every day.


  • Get all the benefits of our regular savings account
  • Earn a higher dividend rate to help build your wealth faster
  • Access your money anytime without penalty

Savings Certificates

Higher interest than regular savings

Offers steady, consistent growth

flexible terms: 6 months to 5 years

NCUA Insurance of up to $250,000

Our high-yield savings certificates (certificates of deposit or CDs) can help you with your long-term saving objectives. You can count on Hercules First Federal Credit Union to offer the most competitive interest rates around. 

A wide range of options for Savings Certificates offers you almost unlimited possibilities in high return deposits. Hercules’ CDs offer a full range of flexible terms – from 6 months to 5 years – all having premium interest rates. Consider the current trends in interest rates, then choose the term which will best achieve your financial goals.


  • Open an account with a minimum of $1,000


To open a savings certificate either stop by a branch or call a member service representative.

Savings Accounts, IRAs, & Certificates

TypeMinimum DepositDividend RateAPY*
Regular Savings$500.10%0.10%
Money Fund Savings$500.05%0.05%
Money Fund Savings$2,5000.10%0.10%
Money Fund Savings$25,0000.15%0.15%
Money Fund Savings$75,0000.20%0.20%
Money Fund Savings$250,0000.25%0.25%
Free Checking$5000.05%0.05%
Gold Tier Checking$1,500 - $20,0000.25%0.25%
Gold Tier Checking$20,000+0.10%0.10%
6 Month Certificate$1,000**0.30%0.300%
1 Year Certificate$00.60%0.601%
2 Year Certificate$1,0000.85%0.853%
3 Year Certificate$1,0000.90%0.903%
4 Year Certificate$1,0001.15%1.155%
5 Year Certificate$1,0001.50%1.508%
5 Year Step-Up CD***$1,000**1.50%1.508%
IRA SavingsN/A0.20%0.20%
IRA Certificate$1,000Same Rates & Terms as Regular CDs

Rates current as of:

August 7, 2022

*Annual Percentage Yield. Rates are subject to change without notice. Call to verify current rates.

**After reaching the minimum deposit, certificates may be purchased in any amount. Interest on certificates is paid to shares or to the certificate. If not notified within 10 days of the date of maturity, we will automatically renew it at the current rate for that maturity. The interest rate remains the same for the term of the deposit. There is a three month interest penalty for early withdrawals on maturities of 2 years or less and a 6 month penalty on maturities 3 years or more. You choose the term you need to meet your investment goals and your anticipation of the change in interest rates.

***If rates go up you can “step up” to the higher rate one time over the life of the certificate. The “step up rate” can be adjusted to the new current 5 year certificate rate