With HighQ, you don’t need to hit a threshold to make earn a high APY and you don’t need to chase conditions to feel good about where your cash is sitting.
No matter what your account balance is.
Access your funds anytime, penalty-free.
When you stay enrolled in eStatements.
Insured up to $250,000 per person.
Manage your account with Quorum’s mobile app. Set automatic transfers to keep your saving momentum going, view your full financial picture in one platform, deposit checks, move money, and set alerts that help you stay on top of your finances.
As with any credit union, membership is required in order to take advantage of credit union products and services. Membership is free and included in the online application. We’ll guide you through this every step of the way.
You’ll need: A valid ID, your Social Security number, and your bank account information if you want to fund your account during the application.
Once you're logged in, tap or select Open > Checking/Savings to start your application.
It takes less than five minutes to complete the application. Once you hit Submit, your account is ready to use!
HighQ earns 3.30% APY on any balance.
No. HighQ is presented with no minimum balance, and the current page says you earn the APY no matter what your balance totals.
Your Quorum accounts are insured up to $250,000 per person by the National Credit Union Share Insurance Fund (NCUSIF). Individual Retirement Accounts (IRA) are insured separately up to $250,000. The National Credit Union Administration (NCUA), a federal agency, administers the insurance fund and regulates federally insured credit unions. The fund is backed by the full faith and credit of the U.S. Government.
If you have more than $250,00 in deposits and are concerned that your savings may not be fully insured by the NCUA, you can check the Share Insurance Estimator here to understand what is insured and what portion (if any) exceeds coverage limits.
Depending on how your accounts are owned and what types of accounts you have, you can potentially increase the total insurance on your funds to greater than $250,000 through multiple account owners or trusts with beneficiaries.
MyCreditUnion.gov contains more information about the National Credit Union Share Insurance Fund coverage for consumers.
Quorum Credit Union exceeds the minimum financial standards regulators require for a credit union to be considered well-capitalized. Our net worth remains at well-capitalized levels and Quorum has consistently maintained healthy levels of capital and liquidity, even through the most challenging of economic times.
Quorum is consistently selected as one of the top credit unions in America.
Best Credit Union for ATM Access
Buy Side from WSJ
Best Credit Union for Savings Accounts
CNBC
Best Credit Unions for Checking Accounts
Best ATM Network
CNBC
"Great rates and service. I recently opened a high-yield savings account with Quorum. The process was easy, online banking was comprehensive, and the rate and service were fantastic!"
"Quorum has been my primary bank for over 5 years, where they do NOT disappoint. Not only do they offer the best interest rates with the HighQ Savings and term CDs, they are also prompt to provide answers to any questions."
"We feel so much more secure with a federal credit union than a commercial bank. Great staff and the customer service is always patient and helpful. Rates on interest-bearing accounts are great, too. I’m glad we found Quorum."
1Annual percentage yield (APY) and rate are in effect as of 04/15/26. The current dividend rate is 3.25%. APY and rate may change after account is opened and any fees could reduce earnings. There is no minimum balance to open or maintain HighQ Savings. There are no monthly fees as long as you register for and maintain e-Statements. If you choose to receive paper statements, there will be a $10 monthly fee. Once your HighQ Savings account is opened, you can obtain a Quorum ATM Card to access cash via ATMs or link your HighQ Savings to an existing Quorum Debit Mastercard. For more information or to link your card to your HighQ Savings account please call (800) 874-5544.
As of 01/20/26, the average bank savings account rate is 0.39%, according to the FDIC.