Savings plan for CPS teachers.

The CPS Premium Payroll Account allows CPS employees an opportunity to save and help offset fluctuations in their standard payroll amount. You can make deposits to your account via Direct Deposit, in person, or by mail. You will earn competitive monthly dividends. The account is open for withdrawals from June 1st until September 30th.


  • NO minimum withdrawal amount
  • NO monthly service charges when $100 average daily balance
  • Deposit automatically with direct deposit
  • $100 minimum balance requirement
  • Competitive interest calculated on your average daily balance in your account and credited monthly
  • Call Center available M-F 8:30 AM - 5:00 PM
  • Free Electronic Services

Apply Online

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