Brotherhood Credit Union Money Market Account

Brotherhood Credit Union Money Market Account Review

Brotherhood Credit Union Money Market Account is offered by brotherhood credit union, a credit union founded in 1934 and based in Lynn, MA. Brotherhood Credit Union 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 0.20%, which is much higher than the national average for a money market account.
• No APY minimum balance. There is no minimum amount you have to deposit to start earning dividends with this money market account.
• High minumum deposit. You must deposit a minimum of $2,500, which is high compared to most money market accounts.

Pros & Cons of Brotherhood Credit Union Money Market Account

Brotherhood Credit Union Money Market Account FAQ

Are money market accounts from Brotherhood 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 Brotherhood Credit Union Money Market rates?

Brotherhood Credit Union Money Market offers an APY of up to 0.20% (APY stands for annual percentage yield, rates may change).However, to earn interest you must keep a balance of $.

What are the fees for Brotherhood Credit Union Money Market Account?

Brotherhood Credit Union Money Market Account does not charge a monthly maintenance fee.

What is the minimum balance for Brotherhood Credit Union Money Market?

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

What features and perks does Brotherhood Credit Union Money Market offer?

This account does not seem to offer any of the features and perks we track.

What is the customer service phone number?

The customer service number for this business card is (781) 598-5555.

What is the support contact email?

The support contact email for this business credit card is info@brotherhoodcu.org.

How to open an account with Brotherhood Credit Union

• Visit the Brotherhood 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.