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Last Updated: 04/18/2025

Cobalt Credit Union IRA Money Market Account

in Money Market Accounts from Cobalt Credit Union

Last Updated: 04/18/2025

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APY (Annual Percentage Yield)

0.10% - 0.25%(Verified 06/21/2024)

Minimum Balance to Earn APY

$2,500

Minimum Opening Deposit

$0

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Cobalt Credit Union IRA Money Market Account Review

Cobalt Credit Union IRA Money Market Account is offered by Cobalt Credit Union, a credit union founded in 1946 and based in Papillion, NE. Cobalt Credit Union IRA 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 $2500.00.
  • No monthly maintenance fees. This account does not charge any monthly account fees.
  • No minimum initial deposit. There is no minimum balance required to open an account.

Pros & Cons of Cobalt Credit Union IRA Money Market Account

Cobalt Credit Union IRA Money Market Account FAQ

Are money market accounts from Cobalt Credit Union federally insured?

No, your Cobalt Credit Union money market accounts are not insured by a federal insurance agency. This means that if Cobalt Credit Union were to fall into financial difficulties, your deposits are not covered by a government-backed insurance fund like the FDIC or NCUSIF.

What are the interest rates for Cobalt Credit Union IRA Money Market Account rates?

Cobalt Credit Union IRA Money Market Account offers an APY starting at 0.10% 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 $2500.00.

What are the fees for Cobalt Credit Union IRA Money Market Account?

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

What is the minimum balance for Cobalt Credit Union IRA Money Market Account?

No minimum initial deposit. Cobalt Credit Union does not require a minimum initial deposit to open an account.
Interest rate minimum balance of $2,500.00. You must keep the account balance above $2,500.00 to earn interest.

What features and perks does Cobalt Credit Union IRA 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 (800) 228-0392.

    What is the support contact email?

    The support contact email for this business credit card is contactcenter@cobaltcu.com.

    How to open an account with Cobalt Credit Union

    • Visit the Cobalt 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

    7148 Towne Center Parkway
    Papillion, NE 68046
    Visit Site

    Hours of Operation

    Sunday
    Closed
    Monday
    9:00AM - 5:00PM
    Tuesday
    9:00AM - 5:00PM
    Wednesday
    9:00AM - 5:00PM
    Thursday
    9:00AM - 5:00PM
    Friday
    9:00AM - 5:00PM
    Saturday
    Closed

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