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Last Updated: 04/18/2025

Carolina Cooperative FCU Daily Money Market Account

from Carolina Cooperative Federal Credit Union

Last Updated: 04/18/2025
Carolina Cooperative Federal Credit Union logo
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APY (Annual Percentage Yield)

1.00%(Verified 06/21/2024)

Minimum Balance to Earn APY

$250

Minimum Opening Deposit

$250

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Carolina Cooperative FCU Daily Money Market Account Review

Carolina Cooperative FCU Daily Money Market Account is offered by Carolina Cooperative Federal Credit Union, a credit union founded in 1962 and based in Charlotte, NC. Carolina Cooperative FCU Daily 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 1.00%, which is much higher than the national average for a money market account. However, you must keep a minimum balance of $250.00.
  • No monthly maintenance fees. This account does not charge any monthly account fees.
  • $250.00 minimum deposit. This is a typical minimum initial deposit, but there are accounts that require a smaller initial deposit.

Pros & Cons of Carolina Cooperative FCU Daily Money Market Account

Carolina Cooperative FCU Daily Money Market Account FAQ

Are money market accounts from Carolina Cooperative Federal 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 Carolina Cooperative FCU Daily Money Market Account rates?

Carolina Cooperative FCU Daily Money Market Account offers an APY of up to 1.00% (APY stands for annual percentage yield, rates may change).However, to earn interest you must keep a balance of $250.00.

What are the fees for Carolina Cooperative FCU Daily Money Market Account?

Carolina Cooperative FCU Daily Money Market Account does not charge a monthly maintenance fee.

What is the minimum balance for Carolina Cooperative FCU Daily Money Market Account?

Minimum deposit of $250.00. You must make an initial deposit of at least $250.00 to open this account.
Interest rate minimum balance of $250.00. You must keep the account balance above $250.00 to earn interest.

What features and perks does Carolina Cooperative FCU Daily Money Market Account offer?

This account includes the following features:

    What is the customer service phone number?

    The customer service number for this account is (704) 543-8901.

    What is the support contact email?

    The support contact email for this business credit card is mail@carolinacu.com.

    How to open an account with Carolina Cooperative Federal Credit Union

    • Visit the Carolina Cooperative 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.

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    Contact

    Headquarters

    6502 McMahon Drive
    Charlotte, NC 28226
    (704) 543-8901
    Visit Site

    Hours of Operation

    SundayClosedMonday9:00AM - 5:00PMTuesday9:00AM - 5:00PMWednesday9:00AM - 5:00PMThursday9:00AM - 5:00PMFriday9:00AM - 5:00PMSaturdayClosed

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