Coastal Federal Credit Union Money Market Account Review

Coastal Federal Credit Union Money Market Account is offered by Coastal Federal Credit Union, a credit union founded in 1967 and based in Raleigh, NC. Coastal Federal Credit Union Money Market Account is available in 1 state across the USA.

Are money market accounts from Coastal Federal Credit Union federally insured?

Yes, your Coastal Federal Credit Union money market accounts are insured up to $250,000 per person by the National Credit Union Share Insurance Fund (NCUSIF). Individual Retirement Accounts (IRA) are insured separately up to $250,000. 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 Coastal Federal Credit Union Money Market Account rates?

Coastal Federal Credit Union Money Market Account offers an APY starting at 0.25% and ranging up to 1.75% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep a minimum balance of $0.01.

What are the Coastal Federal Credit Union Money Market Account fees?

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

What is the minimum balance for Coastal Federal Credit Union Money Market Account?

Minimum initial deposit of $100. You must make an initial deposit of at least $100 to open this account.

Interest rate minimum balance of $0.01. You must keep the account balance above $0.01 to earn interest.

What features and perks does Coastal Federal Credit Union Money Market Account offer?

This account includes the following features:

• Fraud monitoring - Coastal Federal Credit Union monitors transactions for potentially fraudulent activity.
• Mobile Banking Services - Coastal Federal Credit Union Money Market Account allows you to manage your money online.

How to open an account with Coastal Federal Credit Union

• Visit the Coastal 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.