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Vacation Savings

Ready for your dream vacation?

Whether you want a tropical paradise or a unique cultural experience, get a head start on saving for your next trip with our Vacation Savings Account.

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Vacation Savings Account

This annual savings account is designed to encourage good saving habits by helping you save money each month for a vacation or trip. By saving in advance, you’ll stay on budget and avoid unnecessary credit card debt. Plus, you can reach your savings goal with ease by enrolling in automatic transfers.

Funds from this account are automatically dispersed into your Money Market or Free Checking account every year on June 1st. If you withdraw money early, you’ll have to pay a penalty.

  • No monthly service fees
  • No deposit restrictions
  • No minimum balance required
  • Free online banking and eStatements

Start saving right away

Ready to start planning your vacation? You can open an account with us in less than 10 minutes.

  • Online Application
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  • Account Opening
Apply Now

Rates as high

1.00 % APY*

All Rates


All rates are subject to change. Early withdrawal penalties may apply. For all other terms and fees for each account, contact your branch for the applicable disclosure statement(s). Any fees assessed could reduce earnings on this account. Other terms and conditions may apply, see Credit Union for full details.

In an effort to help mitigate the spread of the coronavirus (Covid-19) and to protect the health of our members and employees, NW Preferred will be closing access to our Stayton and Portland (Tigard) branch lobbies beginning Tuesday, March 24th. After Monday, we will be available to assist members with specific or unique needs, by appointment only, based on our available resources.

Remember you can easily access your NW Preferred accounts, 24 hours a day, via online or mobile banking. You can also locate nearby ATMs by using our mobile app or texting your location (address, intersection, or zip code) to 91989.

Most importantly, stay well.