Members Cooperative Credit Union Checking Account

Members Cooperative Credit Union Checking Account Review

Members Cooperative Credit Union Checking Account is offered by Members Cooperative Credit Union, a credit union founded in 1936 and based in Duluth, MN. Members Cooperative Credit Union Checking is available in 50 states (and Washington, DC).

Key Takeaways

• Low APY. The maximum annual percentage yield for this account is only 0.05%.
• No minimum initial deposit. There is no minimum balance required to open an account online.
• No ATM fees. Members Cooperative Credit Union Checking Account does not charge fees on ATM transactions.

Members Cooperative Credit Union Checking Pros & Cons

Members Cooperative Credit Union Checking FAQ

Are checking accounts from Members Cooperative Credit Union federally insured?

Yes, your 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 Members Cooperative Credit Union Checking offer?

Members Cooperative Credit Union Checking offers an APY of 0.05% (APY stands for annual percentage yield, rates may change). However, to earn interest account holders must keep an average beginning day balance of $2500.

What are the account minimums for Members Cooperative Credit Union Checking?

Members Cooperative Credit Union Checking does not require a minimum initial deposit.

What fees does Members Cooperative Credit Union Checking charge?

This account charges a monthly maintenance fee of $0.

What features and perks does Members Cooperative Credit Union Checking offer?

This account includes the following features:

• Mobile Banking Services - Members Cooperative Credit Union Checking allows you to manage your money online or with a mobile app.
• Nationwide ATM network - Conveniently transact at a nearby ATM.

What is the customer support email for Members Cooperative Credit Union Checking?

The customer support email for Members Cooperative Credit Union Checking is memberservices@membersccu.org.