What Types of Accounts Can I Open at Avista Credit Union?

Avista Credit Union offers four main account categories: savings accounts, Share Draft/Checking accounts, credit cards, and loans (including home and auto/truck financing). Each category serves a different purpose, and the right choice depends on whether you're looking to save, spend, borrow, or build credit. Below is a breakdown of what each account type is designed for, based on the credit union's own descriptions.

Savings Accounts

Avista positions its savings accounts around two common goals: opening a child's first account and planning for retirement. The credit union describes these as "the right savings account" for members at different life stages, which suggests the savings category may include more than one product variant (for example, a youth account versus a retirement-oriented account).

If your goal is to set money aside for a specific future need — a child's first savings habit or long-term retirement savings — a savings account is the starting point. You can apply for a savings account directly through the credit union.

Share Draft / Checking Accounts

Avista's checking account (referred to as a "Share Draft/Checking Account") is built around a few stated features:

• Competitive dividend rate — checking balances can earn dividends rather than sitting idle.
• No monthly service fee — there is no recurring maintenance charge on the account.
• Secured and insured — funds are protected as described by the credit union.

This account type fits everyday transaction needs: depositing income, paying bills, and managing regular spending. If avoiding monthly fees is a priority for you, this is the account category to compare first.

Credit Cards

Avista issues a credit card (branded "Your Dam Credit Card") intended for everyday purchases, dining out, and online shopping. The credit union frames it around convenience and spending "with style."

Choose this category if you want a general-purpose card for daily spending rather than a specialized rewards or travel product — though the source material does not detail specific rewards structures, so you would need to confirm those terms directly with Avista before applying.

Loans: Home and Auto/Truck

Avista offers financing for major purchases and projects, with two explicitly named categories:

If you're planning a home purchase, vehicle purchase, or a funded project, these loan products are the relevant category. The credit union emphasizes competitive rates as the main draw.

How to Decide

Use this quick guide based on your immediate need:

• Saving for a child or retirement → savings account
• Daily spending with no monthly fee → Share Draft/Checking account
• Everyday purchases and online shopping → credit card
• Buying a home, vehicle, or funding a project → home loan, auto/truck loan, or project financing

Avista also highlights mobile banking as a way to access accounts "wherever you go," so account management is not limited to in-branch visits.

What to Confirm Before Applying

The source material describes account features in general terms but does not list specific rates, eligibility requirements, minimum balances, or application steps. Before opening any account, confirm with Avista directly:

• Current dividend rates on savings and checking
• Any minimum deposit or balance requirements
• Credit card terms, including rates and fees
• Loan qualification criteria and current rates

Each account type has its own application process, and the credit union provides application entry points for savings accounts and credit cards. For loans and checking, ask which documents and identification you'll need to complete the application.