Mission savings fund

Earn up to 4.00% APY*

Preparing to Serve? With our shared values, we understand the dedication and commitment needed to serve. Our specialized Mission Savings Account allows you to save and earn more money faster than traditional bank accounts. It’s the perfect solution for all future missionaries.

Perfect For Those Preparing to Serve

At Novabanko First, we understand it’s a financial sacrifice to serve a mission. So we created the Mission Savings Fund to help future missionaries. This teaches members how to manage their finances before they head out on their mission. At the same time they’ll earn great returns towards their missionary service! Our goal is to offer support to help you save, learn financial management, and be able to pay for your mission. Thus it’s the perfect option for:

parents setting up a Mission Savings Fund for their children
teenagers planning to serve a mission
grandparent / family members / friends looking to set up a Mission Savings Fund for a youth
adults planning to serve a mission

Mission Savings Fund Rates
Savings Amount	Rate	APY	Loyalty Rate	Loyalty APY
$0–$15,000	3.45%	3.50%	3.93%	4.00%
$15,000+	0.05%	0.05%	0.05%	0.05%

Rates quoted as annual percentage yield (APY). The APY applies to balances beginning at $0.01. Fees could reduce earnings. Rates subject to change after account opening. Additional products and rates are listed here.

Designed for Future Missionaries

Higher savings rate

Unlimited deposits

No minimum deposit

Long-term savings

Sister missionary holding a copy of the Book of Mormon in a foreign language

Account Requirements

Membership and eligibility required.
For youth/minor accounts, bring in the minor’s social security card or bring their social security number and birth certificate.
One free withdrawal allowed every 6 months. A $25.00 fee is charged for additional withdrawals within the 6-month time frame.

Apply online today! For questions or to apply directly with a representative, call 801-456-7000 or 800-326-3328. Available weekdays: 8am-7pm, Sat: 9am-2pm. Additionally, you may visit any Novabanko First Branch.

Membership and eligibility required. Terms and conditions apply. Accounts are federally insured by the NCUA. *APY = Annual Percentage Yield. Higher rate APY is up to $15,000; regular rate over $15,000.

Help other Missionaries!

Many missionaries for The Church of Jesus Christ of Latter-Day Saints get a call, but don’t have the ability to buy all the supplies needed for their mission. The Novabanko First Charitable Foundation helps these missionaries get the supplies they need. We buy anything from shoes, suits, and dresses, to luggage and books! Donate today so we can give to missionaries who need a little extra help so they are able to serve!

grateful missionary shopping with his parents