This savings account is designed specifically for members 17 years old and younger, offering high earning potential and parent-friendly features to make saving easy and rewarding.
- $5 minimum deposit
- No fees
- Earn 5.00% APY on the first $5,000 in the account.
- Balances above $5,000 earns 0.25% APY.
- Dividends are compounded and credited monthly, helping young savers see their money grow!
Northern Skies is a strong advocate of life-long learning. We’re excited to offer the Richard Buzby Scholarship opportunity to aspiring college students in our membership. This scholarship was established in honor of the distinguished service of Richard Buzby, founding member and dedicated volunteer of Northern Skies Federal Credit Union.
The purpose of this award is to help fund the recipient’s college or vocational school tuition as they pursue their continued education and is open to individuals or students continuing their education at an accredited college or vocational school as well as senior high students applying for admission to an accredited college or vocational school.
2025 Scholarship Application
*Please note that your application will NOT be considered if you have not filled out the Richard Buzby Scholarship Application. No substitutes will be considered. Scholarship applications may be considered for the following: 1. Individuals or students continuing their education at an accredited college or vocational school. 2. Senior high students applying for admission to an accredited college or vocational school. Applications will be accepted beginning January 1, 2025. The deadline for receiving applications for both categories is March 31, 2025.
- The account is owned by the minor but must have a parent or guardian as a joint owner.
- Parents or guardians who are members will automatically be linked to the account in online banking and the mobile app making it wasy to manage and set up transfers.
- Funds can be accessed at any time for savings goals, spending, or unexpected needs.
We reward hard work! Members earn a $10 bonus for every semester of straight A’s (must bring in report card to receive the reward).
- No minimum balance requirement—start saving with any amount!
- Deposits can be made via Online & Mobile Banking, direct deposit, transfers from a parent’s account, or in-person at a branch.
- Parents can set up automatic transfers to encourage consistent saving.
IMPORTANT: We are committed to protecting the online privacy of the children who visit our website (and any third-party sites we may link to) by complying with the Children's Online Privacy Protection Act.
Use this calculator to determine your projected earnings from our Peak Rewards Checking account. Move the sliders or type in the numbers to see your potential rewards.
- Estimated Annual Rewards $0
- Estimated monthly dividends earned* $0
- Monthly ATM fees refunded**$0
This calculator compares the costs of buying or leasing a vehicle. There are three sections to complete, and you can adjust and experiment with different scenarios.
- Net cost of buying $0
- Net cost of leasing $0
A fixed-rate, fixed-term CD can earn higher returns than a standard savings account. Use this calculator to get an estimate of your earnings. Move the sliders or type in numbers to get started.
- Total value at maturity $0
- Total dividends earned $0
- Annual Percentage Yield (APY)0.000%
Whether it's a down payment, college, a dream vacation...a savings plan can help you reach your goal. Use the sliders to experiment based on length of time and amount per month.
- Monthly deposit needed to reach goal $0
This calculator can help you get a general idea of monthly payments to expect for a simple loan. Move the sliders or type in numbers to get started.
- Estimated monthly payment $0
- Total paid $0
- Total interest paid $0
ATVs, RVs, and More
| TYPE | APR | TERMS |
|---|---|---|
| Aircraft | As low as 7.35% | Up to 144 months (APR may vary) |
| Boats | As low as 6.99% | Up to 240 months (APR may vary) |
| Motorcycles & Off-Road Vehicles | As low as 6.29% | Up to 60 months (APR may vary) |
| Motorhomes, Campers, & Trailers | As low as 7.25% | Up to 240 months (APR may vary) |
Auto Loans
| TYPE | APR | TERMS |
|---|---|---|
| New | As low as 5.49% | Up to 84 months (APR may vary) |
| Used | As low as 5.49% | Up to 84 months (APR may vary) |
| Classics & Collectibles | As low as 8.50% | Up to 72 months (APR may vary) |
Consumer Loans - Other
| TYPE | APR | TERMS |
|---|---|---|
| Signature | As low as 11.65% | Up to 60 months (APR may vary) |
| Platinum VISA Credit Card | As low as 8.95% | Revolving / No Annual Fee! |
|
As low as 12.95% |
Revolving / $15 Annual Fee |
|
|
18.00% Fixed |
Up to 6 months / $20 Application Fee |
|
| Miscellaneous Collateral | As low as 8.00% | Up to 84 months (APR may vary) |
| Pledge of Shares/Pledge of Certificate | Div Rate + 3.00% | Up to 144 months (APR may vary) |
Fees
| CREDIT UNION SERVICES | APPLICABLE FEES & CONDITIONS | WAYS TO AVOID FEE |
|---|---|---|
| Loan Payment by Card | $4.95 per loan | You can avoid this by connecting your external account in online banking and setting up an automatic transfer. Check out our Ways to Make a Loan Payment page for more options! |
| Inactive Account Fee (If combined balance falls below $50 with no member-initiated activity for 1 year. Waived if loan activity on same acct.) |
$5.00 per month/per account | You can avoid inactivity by simply logging into online banking or keeping an aggregate balance of $50 in your account. This fee is not applied if there is an active loan on the same account. |
| Member Checking | $5.00 per month | This fee is WAIVED if the account balance is $100 or more for the full calendar month - OR - with an active direct deposit to the account. |
| Non-Sufficient Funds (NSF) | $25.00 per item | You can avoid this fee by choosing your VISA Platinum account as your overdraft account, opting into Courtesy Pay, or by choosing another account as your designated overdraft account. |
| Courtesy Pay / NSF Check & Debit Clearing Fee Fee based on amount of overdraft |
Overdraft amount between: $ 0.00 - $ 5.00 = $ 0.00 $ 5.01 - $10.00 = $ 5.00 $10.01 - $15.00 = $10.00 $15.01 - $20.00 = $15.00 $20.01 - $25.00 = $20.00 Over $25.00 = $25.00 |
You can avoid this fee by choosing your VISA Platinum account as your overdraft account or by choosing another account as your designated overdraft account. |
| Transfer for Overdraft | $5.00 per transfer | You can avoid this fee by choosing your VISA Platinum account as your overdraft account. |
| Stop Payments | $10.00 per item / $20.00 per series | N/A |
| Counter Checks | $.25 each | N/A |
| Order of Checks | Varies | You can avoid check fees by using our VISA Debit Card. You can also cut checks for free with the Bill Pay feature available in Online Banking and the mobile app. |
Other Services
| Service | Fee |
|---|---|
| Cashiers Check | $1.00 each (Free if payable to self) |
| Money Order | $1.00 each |
| Stop Payment of Cashiers Check or Money Order | $10.00 each |
| ATM Surcharge | Varies |
| VISA Card Order Rush Delivery Fee | $25.00 per card |
| VISA Gift Card | $9.95 per card |
| VISA Travel Money Card (re-loadable) | $9.95 per card (plus $4.95 per re-load) |
| Cash Advance Fee | $4.95 |
| Coin Counter | FREE for members and non-members |
| ACH Loan Payment | FREE |
| Wire Transfer | $20.00 each |
| International Wire Transfer | $60.00 each |
| Outgoing Foreign Item Collection Fee | $25.00 each |
| Safe Deposit Boxes (3"x5") | $40.00 per year |
| Safe Deposit Boxes (5"x5") | $40.00 per year |
| Safe Deposit Boxes (3"x10") | $60.00 per year |
| Safe Deposit Boxes (5"x10") | $70.00 per year |
| Safe Deposit Boxes (7"x10") | $85.00 per year |
| Safe Deposit Boxes (10"x10") | $105.00 per year |
| Safe Deposit Box - New Key | $150.00 |
| Notary for Member or Non-Member | FREE |
| Skip-A-Payment | $25.00 |
| Verification of Deposit | $10.00 |
| DMV Document Rush | $10.00 |
| Returned Deposited Item (if written by self) | $20.00 per item |
| Research | $15.00 per hour ($5.00 minimum) |
| Levy/Garnishment Fee | $40.00 per item |
| Escheat | $20.00 |
| Subordination Agreement Fee | $75.00 |
Home Equity & Real Estate Products
| TYPE | APR | TERMS |
|---|---|---|
| Mini-Home Equity Line of Credit |
Variable Rate as low as Prime + 3.50% (currently as low as 11.00% as of 01/01/2025) |
Revolving (APR may vary) |
| Mini-Mortgage | As low as 11.40% | Up to 60 months (APR may vary) |
| Home Equity Line of Credit |
Variable Rate as low as Prime - 0.50% (currently as low as 7.00% as of 01/01/2024) |
Revolving (APR may vary) |
| Fixed Rate Home Equity Loan | As low as 8.40% | Up to 180 months (APR may vary) |
| Recreational Property | As low as 8.90% | Up to 144 months (APR may vary) |
Individual Retirement Accounts
| ACCOUNT | DIVIDEND RATE | APY |
|---|---|---|
| Regular IRA Shares | 0.15% | 0.15% |
| Roth IRA Shares | 0.15% | 0.15% |
| Educational/Coverdell IRA Shares | 0.15% | 0.15% |
Dividends compounded quarterly. The Annual Percentage Yield is variable after an account is opened. Click here to view our most current Truth-in-Savings Disclosure. Fees may reduce earnings on these accounts. Contact the credit union for full disclosure requirements.
Jumbo Money Market Shares*
| BALANCE | DIVIDEND RATE | APY |
|---|---|---|
| Up to $99,999 | 0.25% | 0.25% |
| $100,000 - $200,000 | 1.25% | 1.25% |
| $200,000.01 and over | 1.65% | 1.65% |
Dividends compounded monthly. The Annual Percentage Yield is variable after an account is opened. Click here to view our most current Truth-in-Savings Disclosure. Fees may reduce earnings on these accounts. Contact the credit union for full disclosure requirements.
*Minimum balance to earn dividends.
Money Market Shares*
| BALANCE | DIVIDEND RATE | APY |
|---|---|---|
| $2,500 - $9,999 | 0.30% | 0.30% |
| $10,000 - $24,999 | 0.55% | 0.55% |
| $25,000 - $49,999 | 0.60% | 0.60% |
| $50,000 - $99,999 | 0.65% | 0.65% |
| $100,000 or more | 0.70% | 0.70% |
Dividends compounded monthly. The Annual Percentage Yield is variable after an account is opened. Click here to view our most current Truth-in-Savings Disclosure. Fees may reduce earnings on these accounts. Contact the credit union for full disclosure requirements.
*Minimum balance to earn dividends.
Peak Rewards Checking*
| BALANCE | DIVIDEND RATE | APY |
|---|---|---|
| $0 - $15,000 | 4.89%+ | 5.00%+ |
| $15,000+ | 0.15%+ | 0.15%+ |
| All balances if qualifications not met | 0.01% | 0.01% |
Qualifications+
Earning the full rewards is so easy, you're probably already doing it! To earn your rewards, simply do the following activities and transactions in your Peak Rewards account each monthly qualification cycle:
- Have at least 12 debit card purchases post and settle+
- Be enrolled to receive eStatements and activate the email address for the account+
- Have at least 1 automatic payment (ACH) post and settle+
- Be enrolled in and log into online banking+
If you don't meet the qualifications+ one month, don't worry. There is no penalty, and you still have a free checking account that earns our base interest rate. Plus, you can get back to earning really high interest and nationwide ATM fee refunds the very next month.
The Annual Percentage Yield is variable after an account is opened. Click here to view our most current Truth-in-Savings Disclosure. Fees may reduce earnings on these accounts. Contact the credit union for full disclosure requirements.
Savings Accounts
| ACCOUNT | DIVIDEND RATE | APY |
|---|---|---|
| Savings* | 0.10% | 0.10% |
| Special Purpose Savings* | 0.10% | 0.10% |
Dividends compounded quarterly. The Annual Percentage Yield is variable after an account is opened. Click here to view our most current Truth-in-Savings Disclosure. Fees may reduce earnings on these accounts. Contact the credit union for full disclosure requirements.
*Minimum balance to earn dividends.
Share Certificates
| TERM | BALANCE | DIVIDEND RATE | APY |
|---|---|---|---|
| 90-Day | Under $100,000 | 1.89% | 1.90% |
| 90-Day | $100,000 and over | 1.89% | 1.90% |
| 180-Day | Under $100,000 | 3.60% | 3.65% |
| 180-Day | $100,000 and over | 3.60% | 3.65% |
| 12-Month | Under $100,000 | 4.09% | 4.15% |
| 12-Month | $100,000 and over | 4.19% | 4.25% |
| 18-Month | Under $100,000 | 4.04% | 4.10% |
| 18-Month | $100,000 and over | 4.14% | 4.20% |
| 24-Month | Under $100,000 | 3.06% | 3.10% |
| 24-Month | $100,000 and over | 3.16% | 3.20% |
| 36-Month | Under $100,000 | 3.16% | 3.20% |
| 36-Month | $100,000 and over | 3.26% | 3.30% |
| 12-Month IRA | Under $100,000 | 5.01% | 5.10% |
| 12-Month IRA | $100,000 and over | 5.01% | 5.10% |
| 24-Month IRA | Under $100,000 | 4.43% | 4.50% |
| 24-Month IRA | $100,000 and over | 4.43% | 4.50% |
Penalty for early withdrawal for certificates with terms of 90 days or less is 30 days’ dividends, certificates with terms of less than 1 year and more than 90 days is 90 days’ dividends, certificates with terms between 11-24 months is 180 days’ dividends, and certificates with terms of greater than 24 months are 365 days’ dividends. Dividends on all share and share certificates accounts are compounded quarterly. Click here to view our most current Truth-in-Savings Disclosure. Contact the credit union for full disclosure requirements.
