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EasyVest

What is EasyVest?

EasyVest is an automated investment management tool that assists ELGA Credit Union members in creating and optimizing investment possibilities. It is an easy investment solution for anyone who is interested in building wealth but is unsure where to begin. Start an account with as little as $200 from your existing ELGA Credit Union checking or savings.


Account Details

  • $200 minimum to open investment account
  • There is an account management fee charged. It is based on a percentage, 0.6% per year (0.15% per quarter), of the value of your investments. This fee is subject to a minimum fee of $1.50 per quarter.
  • Only available to ELGA Credit Union members via Online and Mobile Banking
  • Only the primary accountholder can open an EasyVest account
  • Not available on business or trust accounts

Get Started

ELGA Credit Union members can get started in minutes. All you have to do is log in to ELGA Online or Mobile banking, navigate to EasyVest, and select Get Started. You will be asked a series of questions to help the platform understand what you’re hoping to achieve and create an investment strategy customized to you. Must be 18 years or older.

If you would like to speak with an ELGA CU financial adviser regarding your investment account needs contact ELGA Wealth Management.

Log In To Online Banking

If you are not a member yet, Click Here to open an account now


Common Questions about EasyVest

    • The minimum initial deposit required is $200. Once you open your account, you must maintain a balance of at least $200.

    • Automated investment management is a data-driven, algorithmic approach to investing. By understanding things about an investor, like their financial goals and risk tolerance, the automated system is able to process and analyze significant amounts of data in real time to make frequent enhancements to an investor’s portfolio. This helps ensure that all money invested in the portfolio is being put to the best possible use according to the investor’s profile.

    • There is an account management fee charged. It is based on a percentage, 0.6% per year (0.15% per quarter), of the value of your investments. This fee is subject to a minimum fee of $1.50 per quarter.

    • Yes, you can set up an automatically recurring transfer. Our maximum recurring transfer amount is $5,000. Funding frequency options for recurring transfer are:

      • Every 2nd Monday of a month
      • 15th of every month
      • First day of a month
      • Daily (every business day)
      • At the beginning of each calendar quarter

    • Yes. Beginning 30 days after you open your account, you may withdraw some or all of your account at any time. For example, if you deposit $500 on 7/1 and $800 on 8/1, you would be able to withdraw $500 on 7/31 and $ 800 on 8/31.

    • As with any investment, there is a risk that you may lose your investment. Should the market value of your account decline, your account may lose value. However, portfolios managed within an EasyVest account are rebalanced monthly to maintain the level of risk that aligns with a member’s goals.

    • When using EasyVest, you create an investment account that invests in securities. Your account is not an ELGA Credit Union share. The investment account is held at DriveWealth, LLC, and a securities brokerage firm that is not associated with ELGA Credit Union. The account is managed by Access Softek Advisory Services, LLC, which is also not affiliated with ELGA Credit Union.

    • DriveWealth, which provides brokerage services through EasyVest to ELGA Credit Union members, is an SEC-registered broker-dealer and a member of FINRA/SIPC, a regulator for all securities firms doing business in the United States.

    • Your investment account is not protected against loss by any insurances. Accounts at DriveWealth, LLC, are insured by the Securities Investor Protection Corporation, which protects investment accounts should DriveWealth experience financial difficulty. However, SIPC insurance does not protect your account against loss caused by market decline.

    • Rebalancing is the practice of moving funds between exchange traded funds (ETFs) over time to align the overall investment strategy with a member’s financial goals. Each ETF is a diversified investment that changes over time. As ETFs change, they may become more or less closely aligned with an investor’s financial desire. When that happens, money is moved around to ensure it is being invested most appropriately. Rebalancing is done monthly.

    • If, at any point, you would like to close your EasyVest account, please contact the team by email at InvestSupport@AccessSoftek.com. You will be charge any remaining fees if your account is closed before the billing cycle ends. All recurring and/or scheduled deposits and withdrawals will be cancelled. Processing may be delayed up to one full business day to accommodate possible ACH transfers.

      The final balance from your closed account will be transferred back to your ELGA Credit Union account by ACH deposit, which may take up to 3 – 5 business days. You may not close your account until it has been open for at least 30 days.


    • Currently, EasyVest only supports a single investment account for each membership.

    • EasyVest allows you to open a brokerage account with a joint owner. During enrollment, you can enter the email address of the joint user and an email will be sent to invite the user to enroll. The joint owner must also be a member of ELGA Credit Union with their own login to ELGA Online and Mobile Banking to accept your invitation.

    • EasyVest does not currently support company, partnership, and LLC investment accounts.




Investments: Not FDIC or NCUSIF insured • No Bank Guarantee • May Lose Value. Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. Access Softek's internetbased services are designed to assist clients in achieving discrete financial goals. They are not intended to provide comprehensive tax advice or financial planning with respect to every aspect of a client's financial situation and do not incorporate specific investments that clients hold elsewhere. For more details, see our Access Softek Advisory Services LLC agreement. Past performance does not guarantee future results, and the likelihood of investment outcomes are hypothetical in nature. Not an offer, solicitation of an offer, or advice to buy or sell securities in jurisdictions where Access Softek is not registered. Brokerage services provided to members of Credit Union by DriveWealth LLC, an SEC registered broker-dealer and member FINRA/SIPC.