Bank Fund Staff Federal Credit Union High Yield Share Certificate Account Review

Bank Fund Staff Federal Credit Union High Yield Share Certificate Account is offered by Bank Fund Staff Federal Credit Union, a credit union founded in 1947 and based in Washington DC, DC. Bank Fund Staff Federal Credit Union High Yield Share Certificate Account is available in 0 states (and Washington, DC).

Are cd accounts from Bank Fund Staff Federal Credit Union federally insured?

Yes, your Bank Fund Staff Federal Credit Union cd 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.

What types of CDs does Bank Fund Staff Federal Credit Union offer?

• IRA
• Traditional

What APY does Bank Fund Staff Federal Credit Union offer on its CDs?

Bank Fund Staff Federal Credit Union High Yield Share Certificate Account offers an APY starting at 2.778% and ranging up to 3.136% (APY stands for annual percentage yield, rates may change). This is higher than the typical APY for online-only checking accounts, which is around 1% APY.

What is the minimum deposit to open a CD account with Bank Fund Staff Federal Credit Union?

Bank Fund Staff Federal Credit Union High Yield Share Certificate Account requires a minimum initial deposit of $1,000 to open an account.

What types of early withdrawal penalties does Bank Fund Staff Federal Credit Union High Yield Share Certificate Account charge?

Financial institutions don't typically charge many fees on certificate of deposit accounts. However, some do charge a fee if you chooose to withdrawal your money before the CD term ends.

Bank Fund Staff Federal Credit Union does not charge an early withdrawal fee.

Bank Fund Staff Federal Credit Union does not seem to charge any of the fees we track.