First Citizens’ Federal Credit Union based in Massachusetts offers a high interest savings account called Champion Savings which earn 1.20% APY for deposts of at least $3,000 and over, and 1.00% APY for deposits of at least $1,000. To enjoy the highest interest rates for this best savings account, you need to have a corresponding Champion Checking account with the credit union.

The relationship checking required for this high earning savings account is called Champion Checking and is basically designed for fire fighters, police, EMS, and teachers. It does not require a minimum balance nor does it have a monthly service charge. Aside from getting a higher savings account rates, this checking account also gets the credit union to donate to a scholarship fund.

Interested members can start an application online through the credit union’s website.

If you are not yet a member of First Citizens’ FCU, you may be eligible to sign up if you are living, attending church, working, or doing business in Barnstable, Plymouth, Dukes, Bristol, Norfolk, or Nantucket counties which are in Massachusetts. When you sing up, you will be required to maintain an account balance of at least $1.

If you have questions about this money in the bank opportunity, you call the credit union customer service line through 1800-642-7515. They have branches in Fairhaven, New Bedford, Mattapoisett, Raynham, Taunton, and Cape Cod.

The First Citizens’ Federal Credit Union is federally insured by the NCUA.