Bank Fund Staff FCU Money Market Account

Bank Fund Staff FCU Money Market Account Review

Bank Fund Staff FCU Money Market 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 FCU Money Market Account is available in 0 states (and Washington, DC).

Key Takeaways

• Very high annual percentage yield (APY). This account offers an annual percentage yield of up to 0.35%, which is much higher than the national average for a money market account.However, you must keep a minimum balance of $2500.
• Charges a monthly fee. This account charges a monthly service fee of up to $8, but the fee is waived if you keep a minimum balance of $2,500.

Pros & Cons of Bank Fund Staff FCU Money Market Account

Bank Fund Staff FCU Money Market Account FAQ

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

Yes, your Bank Fund Staff Federal Credit Union 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 Bank Fund Staff Federal Credit Union money market rates?

Bank Fund Staff Federal Credit Union money market offers an APY starting at 0.15% and ranging up to 0.35% (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 Bank Fund Staff FCU Money Market Account?

What is the minimum balance for Bank Fund Staff Federal Credit Union money market?

No minimum initial deposit. Bank Fund Staff Federal Credit Union does not require a minimum initial deposit to open an account.

Monthly maintenance fee waiver. You can avoid the monthly fee if you keep a balance of $2,500.

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

What features and perks does Bank Fund Staff Federal Credit Union money market offer?

This account includes the following features:

• Fraud monitoring - Bank Fund Staff Federal Credit Union monitors transactions for potentially fraudulent activity.
• Mobile Banking Services - Bank Fund Staff Federal Credit Union money market allows you to manage your money through online banking and a dedicated mobile app.

What is the customer service phone number?

The customer service number for this business card is (202) 212-6400.

What is the support contact email?

The support contact email for this business credit card is memberservices@bfsfcu.org.

How to open an account with Bank Fund Staff Federal Credit Union

• Visit the Bank Fund Staff Federal 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.