Communication FCU Money Market Accounts

Communication FCU Money Market Accounts Review

Communication FCU Money Market Accounts is offered by Communication Federal Credit Union, a credit union founded in 1939 and based in Oklahoma City, OK. Communication FCU Money Market Accounts 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 2.50%, 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.
• $0 monthly fee. 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 Communication FCU Money Market Accounts

Communication FCU Money Market Accounts FAQ

Are money market accounts from Communication 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 Communication FCU Money Market Accounts rates?

Communication FCU Money Market Accounts offers an APY starting at 0.10% and ranging up to 2.50% (APY stands for annual percentage yield, rates may change).

What are the fees for Communication FCU Money Market Accounts?

Communication FCU Money Market Accounts does not charge a monthly maintenance fee.

What is the minimum balance for Communication FCU Money Market Accounts?

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

What features and perks does Communication FCU Money Market Accounts offer?

This account includes the following features:

• Mobile Banking Services - Communication FCU Money Market Accounts 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 account is (405) 879-5600.

What is the support contact email?

The support contact email for this business credit card is cfcu@comfedcu.org.

How to open an account with Communication Federal Credit Union

• Visit the Communication 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.