American First CU Premium Money Market Account

American First CU Premium Money Market Account Review

American First CU Premium Money Market Account is offered by American First Credit Union, a credit union founded in 1952 and based in Brea, CA. American First CU Premium Money Market Account are available in 50 states (and Washington, DC).

Key Takeaways

• Very high annual percentage yield (APY). This account offers an annual percentage yield of up to 0.25%, which is much higher than the national average for a money market account. However, you must keep a minimum balance of $2500.
• No monthly maintenance fee. Minimum balance fee waived if minimum daily balance is $2,500.
• High minumum opening deposit. You must deposit a minimum of $2,500, which is high compared to most money market accounts.

Pros & Cons of American First CU Premium Money Market Account

American First CU Premium Money Market Account FAQ

Are money market accounts from American First Credit Union federally insured?

Yes, your money market 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 are the dividends for American First CU Premium Money Market Account rates?

American First CU Premium Money Market Account offers an APY starting at 0.07% and ranging up to 0.25% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep a minimum balance of $2500.

What are the fees for American First CU Premium Money Market Account?

What is the minimum balance for American First CU Premium Money Market Account?

Minimum deposit of $2,500. You must make an initial deposit of at least $2,500 to open this account.

Interest rate minimum balance of $2,500. You must keep the account balance above $2,500 to earn interest.

What features and perks does American First CU Premium Money Market Account offer?

This account includes the following features:

• Mobile Banking Services - American First CU Premium Money Market Account allows you to manage your money through online banking and a dedicated mobile app.
• Nationwide ATM network - American First CU Premium Money Market Account allows you to access your money from an ATM, a convenient feature only a few offer.

What is the customer service phone number?

The customer service number for this account is (800) 290-1112.

What is the support contact email?

The support contact email for this business credit card is contactus@amerfirst.org.

How to open an account with American First Credit Union

• Visit the American First Credit Union website.
• Fill in the application form. You will typically need to provide general financial information, such as your name, Social Security Number and address.
• Check the information is accurate and submit your application.