Last Updated: 04/18/2025
Penn State FCU Non-profit Organization Checking Account
Unaffiliated
Last Updated: 04/18/2025
No Reviews Yet
This product has no reviews yet. Help others by sharing your thoughts.
Be the first to rateCompare All Business Checking Accounts
Filter & compare all your options in one place.
Highlights
Monthly Maintenance Fee
$0(Verified 03/19/2025)
ATM Fee: Out-of-Network (within the U.S.)
N/A
Minimum Average Balance to Avoid Monthly Service Fee
$0
APY (Annual Percentage Yield)
0.11%(Verified 06/21/2024)
Penn State FCU Non-profit Organization Checking Account Review
Penn State FCU Non-profit Organization Checking Account is offered by Penn State Federal Credit Union, a credit union founded in 1959 and based in Bellefonte, PA. Penn State FCU Non-profit Organization Checking Account is available in 50 states and Washington, DC.
Key Takeaways
- Higher than average APY. Penn State FCU Non-profit Organization Checking Account has an annual percentage yield of up to 0.11%, which is higher than the national average interest rate on savings accounts. Note that you must keep a minimum balance of $2000.00.
- No monthly maintenance fees. This account does not charge any monthly account fees.
- Large minimum initial deposit. You need a minimum deposit of $2,000.00 to open an account. This is a relatively large minimum initial deposit when compared to the other accounts that we track.
- No ATM fees. Penn State FCU Non-profit Organization Checking Account does not charge fees on ATM transactions .
Penn State FCU Non-profit Organization Checking Account Pros & Cons
| Pros | Cons |
|
|
Penn State FCU Non-profit Organization Checking Account FAQ
Are business checking accounts from Penn State Federal Credit Union federally insured?
Yes, your business checking accounts are insured up to $250,000 per share owner for each account ownership category. 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.
What APY does Penn State FCU Non-profit Organization Checking Account offer?
| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| APY (Annual Percentage Yield) | 0.11% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Penn State FCU Non-profit Organization Checking Account offers an APY of 0.11% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep a minimum balance of $2000.00.
What are the account minimums for Penn State FCU Non-profit Organization Checking Account?
Penn State FCU Non-profit Organization Checking Account requires a minimum initial deposit of $2,000.00 to open an account.
| Description | Amount |
| Minimum Initial Deposit | $2000.00 |
| APY Minimum Balance | $2,000.00 |
What fees does Penn State FCU Non-profit Organization Checking Account charge?
The good news is that this account does not have a monthly service charge.
| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Monthly Maintenance Fee | $0.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Paper Statement Fee | Starting at $3.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ATM Fee: In-Network | Starting at $0.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NSF Fee | $5.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Overdraft Item Fee | Starting at $5.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Returned Deposit Fee (Domestic) | Starting at $5.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Card Replacement Fee (Standard Delivery) | Starting at $5.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Stop Payment Fee | Starting at $35.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Check Copy | $3.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Foreign Transaction Fee (Debit Card) | Starting at 1.0% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Wire Transfer Fee - US Domestic (Outgoing) | Starting at $15.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Wire Transfer Fee - International (Outgoing) | Starting at $45.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Wire Transfer Fee - International (Incoming) | Starting at $15.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Wire Transfer Fee - US Domestic (Incoming) | Starting at $15.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Check Stop Payment (Sequential Series) | $35.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Returned Deposited Check | $5.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What features and perks does Penn State FCU Non-profit Organization Checking Account offer?
This account includes the following features:
- Mobile Banking Services - Penn State FCU Non-profit Organization Checking Account allows you to manage your money online. This includes depositing checks in your account with your smartphone.
- Nationwide ATM network - Conveniently transact at a nearby ATM.
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.
Hours of Operation
SundayClosedMonday9:00AM - 4:00PMTuesday9:00AM - 4:00PMWednesday9:00AM - 4:00PMThursday9:00AM - 4:00PMFriday9:00AM - 4:00PMSaturdayClosed
Other Services by Penn State Federal Credit Union
Other Business Checking Accounts from Penn State Federal Credit Union
Rating not yet determined
Monthly Service Fee
$0
Disclaimer popup with additional information
ATM Fee: Out-of-Network (within the U.S.)
N/A
Minimum Average Balance to Avoid Monthly Service Fee
$0
APY (Annual Percentage Yield)
N/A
Rating not yet determined
Monthly Service Fee
$10
Disclaimer popup with additional information
ATM Fee: Out-of-Network (within the U.S.)
N/A
Minimum Average Balance to Avoid Monthly Service Fee
$5,000
APY (Annual Percentage Yield)
0.09% - 0.11%
Disclaimer popup with additional information
SuperMoney Net Recommendation Score
This product has no reviews yet. Help others by sharing your thoughts.
0
-1000+100
No one recommends
Everyone recommends
Penn State FCU Non-profit Organization Checking Account Community Reviews
Would you recommend Penn State FCU Non-profit Organization Checking Account to your friends?
There are currently no reviews.