Educators Credit Union IRA High Yield Money Market Account Review

Educators Credit Union IRA High Yield Money Market Account is offered by Educators Credit Union, a credit union founded in 1937 and based in Racine, WI. Educators Credit Union IRA High Yield Money Market Account is available in 1 state across the USA.

Are money market accounts from Educators Credit Union federally insured?

Yes, your Educators 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 Educators Credit Union IRA High Yield Money Market Account rates?

Educators Credit Union IRA High Yield Money Market Account offers an APY starting at .06% and ranging up to .19% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep a minimum balance of $2500.

What are the Educators Credit Union IRA High Yield Money Market Account fees?

Educators Credit Union IRA High Yield Money Market Account does not charge a monthly maintenance fee.

What is the minimum balance for Educators Credit Union IRA High Yield Money Market Account?

Minimum initial deposit of $25. You must make an initial deposit of at least $25 to open this account.

Monthly maintenance minimum balance of $1,000. You can avoid the monthly fee if you keep a minimum balance $1,000.

Interest rate minimum balance of $2,500. You must keep the account balance above $2,500 to earn interest.

What features and perks does Educators Credit Union IRA High Yield Money Market Account offer?

This account includes the following features:

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

How to open an account with Educators Credit Union

• Visit the Educators 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.