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Savings Accounts

Choose Your Way To Save With Launch CU Savings Accounts

Launch Savings Accounts

Opening a Savings Account represents ownership in the credit union and access to many benefits that will save you money and time. Establishing membership gives you access to a wide variety of services to help you go beyond in life.

To establish membership in Launch CU, you must open a Savings Account. When you open a Savings Account and deposit funds, you are actually becoming a shareholder in Launch CU and forming the basis of a unique relationship that no other type of financial institution can offer you. 

Become a Member

Money Market 

Earn HIGHER dividends with a MONEY MARKET ACCOUNT from Launch.

Set your savings ON FIRE with a higher rate than our Savings Account while keeping your money available for emergencies.


  • Higher earning for larger balances
  • Easy to access funds
  • Convenience
  • Peace of Mind
  • Simple transaction processing
  • Affordable


  • Tiered dividend rates higher than a savings
  • More liquidity than a share certificate
  • Digital banking transfers
  • Available as Overdraft Protection source for checking account
  • ACH debits and credits processed with MICR number
  • $2,500 minimum opening deposit

IRA Accounts

IRA accounts, or Individual Retirement Accounts, are a great way to save money for your retirement. Launch CU IRA accounts can help you to save money for life after retirement. Launch CU offers three types of IRA accounts:

  • Traditional IRA
  • Roth IRA
  • Inherited IRA

These accounts may offer tax benefits. Consult your tax adviser to determine how an IRA can provide the maximum benefits for you.

The type of IRA account that you choose can affect your family’s long-term savings. It is important to understand the difference between Traditional IRA accounts, Inherited IRA, and Roth IRA accounts in order to select the individual retirement account that is best for you.

For more information on Traditional IRA, Inherited, and Roth IRA accounts, please call us at 321-455-9400 (inside Brevard) or 800-662-5257 (outside Brevard), or stop in to any of our conveniently located branch locations.

Available at Home or on the Go

Launch CU offers a wide variety of ways to easily access your accounts:

Open an Account

A Savings Account can be opened at any branch location with a minimum deposit of $5. This represents one share in Launch CU. All you need to bring in with you is two forms of identification, including at least one photo ID.

We accept the following forms of ID:

  • Florida issued ID card
  • Driver’s License
  • Passport
  • Military ID

Routing # for Direct Deposit: 263179532

Regulation D

Launch CU Savings Accounts are governed by Federal Regulation D that states the depositor may make no more than six transfers or withdrawals, or a combination of such transfers and withdrawals, per statement period to another account of the depositor at the same institution or to a third party by means the following types of transactions:

  • Preauthorized transfer** (ACH debits to pay FPL, Insurance company, etc.)
  • Automatic transfer (including overdraft transfers from Savings to Checking)
  • Telephone (transfer funds to Checking)

The following Transactions are not limited by Regulation D:

  • Transfer to pay a Launch CU loan
  • ATM
  • Mail
  • In person

You can verify the number of Regulation D transfers from your Savings Account in Online Banking.

If you have any further questions concerning your monthly Reg D status, contact an Account Specialist at 321-455-9400 (inside Brevard) or 800-662-5257 (outside Brevard), Option 3. Please make sure to leave us your daytime phone number.

Retirement Calculators

Visit any branch location to open your account. For questions call 321-455-9400 (inside Brevard) or 800-662-5257 (outside Brevard).

Minimum daily balance to earn dividends is $200. Click here for more information.


A preauthorized transfer includes any arrangement to pay a third party upon written or oral instruction or any arrangement to pay a third party at a predetermined time or on a fixed schedule.


Launch CU recognizes its responsibility to protect the privacy and personal information of our youngest members, (children under the age of 13). Our COPPA policy's primary goal is to place parents in control of what information is collected online from their children. Review Launch CU's COPPA policy today.

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