HighMarq Savings

Earn 4.25% APY* with Our Premier Savings Account

Ready to supercharge your savings with a rate that’s 10X the national savings average**? HighMarq Savings is designed to accelerate the growth of high-deposit balances with a market-leading interest rate, all while ensuring your money remains accessible to you at all times.
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Learn How HighMarq Can Help Grow Your Wealth

HighMarq Savings is Quorum’s premium savings account tailored for savers who maintain high deposit balances. Earn 4.25% APY* when you maintain a minimum balance of $10k, and see your dividends soar!

Your account is liquid, with unlimited access to your funds, just maintain the minimum balance to earn the maximum rate!

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High Dividends for High Balances

Earn a top-of-market rate on balances $10,000 and over.
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Unrestricted Access to Funds

It’s your money. Access it when you need it, penalty-free!
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No Minimum Balance to Open

There are no minimum balance requirements to open HighMarq Savings.
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Trusted Mobile Banking App

Quorum's highly-rated and secure mobile app features mobile deposits, bill pay, Zelle® and so much more.
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No Fees

There are no fees to maintain HighMarq as long as you maintain eStatements.
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Federally Insured

Your funds are federally insured by the NCUA. Learn more about NCUA and NCUSIF limits here.

Ready to Start Saving? Here's How:

Apply.

Use our easy, online application to join Quorum and open an account.

Choose.

Choose HighMarq Savings and any savings product(s) you wish to open.

Fund.

Once you’ve chosen the product(s), you’ll have the opportunity to fund your account(s) before submitting your application.

Apply Now

What is a Quorum membership?

As with all credit unions, in order to take advantage of Quorum’s products and services, you must be eligible to join Quorum. Quorum membership is free and part of our online application.

Learn more about Quorum membership eligibility here.

How long does this application take?

The online application takes less than 5 minutes to complete! Once you submit your application, it may take between 24-48 hours to establish your account.

What do I need to apply?

  • Your valid ID, your SSN, and banking information.
  • You must be at least 18 to open an account with us online.

Log in.

Log in to your account via online banking.

Click.

Under Open, click on “Checking/Savings.”

Choose.

Choose HighMarq Savings and any savings product(s) you wish to open.

How much money do I need to deposit?

There are no minimum balance requirements to open HighMarq Savings. But, to earn the APY, you’ll need to maintain at least $10,000.

Why Choose Quorum?

Bankrate 2025 Top Credit Union: Quorum Federal CreditUnion

The Best Credit Union of 2025

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Member Reviews

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Put me at ease.

Eddie was very professional and i appreciating the follow up call on my recent wire I was sending. This extra step of confirmation put me at ease to make sure that my money would not be stolen through wire fraud. Thank you.

Shelly S.

I will remain a loyal member due in part to the amazing customer support.

My CS Agent Shelly was very professional, polite and knowledgeable. Her patience as we walked through how to resolve my issue was stellar. I have been a long-time customer of Quorum Federal Credit Union and I will remain a loyal member due in part to the amazing customer support through the years. She is another great example! Keep up the great work, Shelly.

Rayshon D.

What I needed to be done was completed in under 10 minutes.

I phoned in to specify what term and APY I wanted for 2 IRA Term accounts that were about to mature. The Credit Union representative was courteous, knowledgeable and helpful. What I needed to be done was completed in under 10 minutes, and I am satisfied.

John B.

Been there over 20 years.

Been there over twenty years. Good FCU.

Vanessa K.

Quick and friendly.

My husband and I have been with Quorum since the days of it being the Kraft Employee Credit Union. We have always had quick and friendly responses to all of our requests/issues. Through multiple life events, multiple moves, multiple loans, we have always maintained our accounts there and plan to for the future.

Theresa P.

I’ve been a member since 1978.

I’ve been a member since 1978. Saving and checking, term accounts, car loans and mortgages all with great rates. Couldn’t be happier. Great service with a knowledgeable customer service team.

Tim R.

Easy to fill out application!

Straight to the point, easy to fill out application, and well put together!

Melissa F.

For security, I give them an A+.

I have been with this Credit Union for 12 or 13 years. For security, I give them an A+. Customer service is very helpful. Happy customer 😁

Rose E.

Very friendly and extremely professional.

I just had a phone call to Quorum, talking to Bonnie. She helped me to activate my new debit card which I could not do myself from Germany. Bonnie was very friendly and extremely professional to get my request done. Now the card is activated for the next vacation in the US :-) Thank you very much, Bonnie.

Klaus W.

I conduct all of my banking transactions via the Mobile App.

I conduct all of my banking transactions via the mobile app. I like that I can deposit my checks, and view my account daily balances.

Marla E.

A safe place to put your money.

This is a safe place to put your money. They have very proactive fraud prevention systems that I am impressed with. Recently, I moved a large amount of money that is going towards the purchase of a car and my account not only required a code, but I received a phone call within a half hour of my transaction from one of their professionals, Savannah. She politely quizzed me, and from every angle may I say, to establish that it was indeed me who was working within my account. The savings and CD rates are great also and, their website works like clockwork. Thank you, Quorum, for being the best!

LS B.

Go with a credit union-and this is a good one.

Really nice group here; they actually work with you, much like a community bank. They are also fast and efficient.If you are tired of being gouged by the Big and Ugly banks, you should go with a credit union--and this is a good one.

Heidi K.

Love everything about them.

Have been a member for 15 years and love everything about them: have a HighQ account, QClassic checking and a mortgage with them, too.

Sharon C.

CD and high-yield savings rates are excellent.

CD and high-yield savings rates are excellent. Decent service for an online only bank.

Celtics

Great rates and service.

Great rates and service. I recently opened a high-yield savings account with Quorum. The process was easy, online banking is comprehensive, and the rate and service were fantastic!

panslif12

Just a wonderful credit union.

Just a wonderful credit union. Very knowledgeable people with kindness and professionalism. I’m an older gentleman, you can always call and speak with a human voice, it doesn’t have to be done on the computer. It’s a wonderful organization. If you’re looking for a credit union that offers great CD rates, great customer service, and most of all is very professional, I would recommend them to anyone that is looking for those qualities and some of the highest CD rates in the country. Quorum Federal Credit Union is all five star - first class, in my opinion.

Kin F.

They do NOT disappoint.

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 prompt to provide answers to any questions that you may have regarding transactions with a detailed explanation of both benefits and minimum balances as well as other options to avoid fees. I encourage others to use these benefits and services offered.

Sonja M.

Friendly, helpful and knowledgeable representatives.

New customer. Friendly, helpful and knowledgeable representatives. They answered ALL my questions and stayed on the phone with me through the entire setup and deposit process. I hope the exceptional customer service continues. Based on my experience, so far, I would definitely recommend.

Cynthia M.

I was THRILLED to be able to do mobile deposits.

Since I need to use mail to deposit checks, I was THRILLED to be able to do mobile deposits. This app works better for deposits than either of the other two bank apps I use.

Kim N.

Very easy to navigate across the board.

Very easy to navigate across the board, making banking from home a no-effort issue.

7 reasons to smile

Mobile deposits went perfectly.

I was very apprehensive about doing a mobile deposit. I'm still a fan of brick and mortar but that's no longer an option. I spoke to a wonderful woman named Shelley who was just amazing with patience. She informed me of a few banking options. Everything went perfectly as she walked me through the process that I chose.

B Renee B.

Great rates.

I've been a member of Quorum for many years. They almost always have great deposit rates and the app is super easy too!

Tbe

Very good service and rates.

Very good service and rates.

Stan L.

This Credit Union quickly became my bank!

This credit union quickly became my bank! What started with a low-interest first mortgage refinance has turned into a first mortgage, two credit cards, a high yield savings account, fee free checking account and a checking reserve account. I pay all my bills via the online bill payment and even send physical checks from my online checking account to the landscaper and others. Member support is beyond expectation and the mobile app is robust and user friendly. Great work Quorum!

mhudson

Great rate!

My family and I have several savings accounts as well as a first mortgage and just opened a savings account with a great rate over 4%. Easy online application. Fully digital experience allows us access whenever we need to 24/7. Nice people Five Stars!

DCG021022

View all reviews

Become a member today and find out why Quorum is consistently selected as one of the top credit unions in the country.

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Financial Calculators

Find out how much you can earn with a high-yield savings account!
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Ready to Open a HighMarq Savings Account?

For over 90 years, Quorum has been dedicated to putting our members’ best interests above all else. If you’re ready for a banking experienced that’s focused on you, join us today.

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Frequently Asked Questions

Is my money safe and sound at Quorum?

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.

Are my funds insured with Quorum?

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.

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.

The Share Insurance Estimator, found here, can help you determine whether your accounts are established and insured appropriately. If you have already utilized the Share Insurance Estimator and still have additional questions, you can also reach out to the NCUA Consumer Assistance Center at (800) 755-1030. Representatives are available from Monday through Friday from 8 a.m. – 5 p.m. ET. You can also send an email with your questions to dcamail@ncua.gov.

I have more than $250,000 in deposits at Quorum. How do I check to see if it is insured?

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.

What are dividends?

Dividends are essentially credit-union-speak for interest. It’s the money we pay you for leaving your deposits with us.

What is Annual Percentage Yield (APY)?

APY is the amount of dividends you earn on money you deposit into a savings accounts (including high-yield savings accounts), over the course of a year. How often dividends are compounded is also figured into the APY.

If you are considering two or more bank accounts for your savings, it pays to compare the APY on each for the full picture on how much your money and account balance can earn over a year.

What is the significance of the APY? In its simplest form, the higher the APY, the more money you earn. If you have $25,000 invested in a one-year term account with a 2.86% APY, at the end of the year, you will have earned $715. With a 2.50% APY, your return would be $625.

You may see a higher annual percentage yield (APY) on accounts that have a higher minimum deposit and a longer commitment for how long you must keep the money in the savings account. Be sure to familiarize yourself with the terms and conditions of any bank account you open. 

What is compound interest?

Compound interest simply means earning interest on interest. When interest compounds daily, your interest is broken into 365 smaller payments. When it compounds monthly (Quorum compounds dividends monthly), it is paid in 12 payments. If interest is compounded daily, interest added on Tuesday will earn interest on Wednesday, and then the new amount will earn interest on Thursday—and so on. If interest is added monthly, the interest earned for a specific month will be paid once each month.

While it is true that the more often interest is compounded, the more you stand to earn, it’s important to remember that when looking at APY, you are looking at the annual yield, not the rate. That means, when you see a high-yield savings account that advertises 2.00% APY, you will have earned 2.00% on your balance by year end, whether it is compounded daily or monthly: APY is the equalizer and allows you to compare apples to apples.

How does Quorum determine dividend rates on its savings products?

As with all depository institutions (savings and commercial banks, credit unions and loans and savings associations), the APY on a traditional savings accounts is variable and closely linked to the Federal Funds Rate set by the Federal Reserve. Dividend Rates can go up when the economy is doing well, and they can go down when the economy weakens. Quorum closely monitors Federal rates and looks for ways to remain competitive.

What is an Online Credit Union?

While banks (including online banks) are public, profit-driven companies designed to make money for shareholders, online credit unions are not-for-profit, cooperative financial institutions operated by members and based entirely on the web.

In an online credit union like Quorum, profits are returned to members in the form of low fees for financial products and services. A shared sense of community provides members with peace of mind and a connection to something larger than themselves, as well as loyalty and service to other members.

Online credit unions are carefully regulated and are a safe place to store your money. Just like the Federal Deposit Insurance Corporation (FDIC) insures banks, the National Credit Union Administration (NCUA) insures credit unions.

A Few Things You Should Know

*Annual percentage yield (APY) in effect as of 01/23/25. The current dividend rate is 4.17% for balances $10,000 and over. APY and rate may change after account is opened and any fees could reduce earnings. There is no minimum balance to open or maintain HighMarq Savings. The minimum average daily balance to earn the advertised APY is $10,000. 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.

**As of 02/18/25, the average bank savings account rate is 0.41%, according to the FDIC.