Last Updated: 04/18/2025
G.A.P. Federal Credit Union Money Market Share Account
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Last Updated: 04/18/2025
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Highlights
APY (Annual Percentage Yield)
0.50% - 0.80%(Verified 06/21/2024)
Minimum Balance to Earn APY
$1,000
Minimum Opening Deposit
$1,000
G.A.P. Federal Credit Union Money Market Share Account Review
G.A.P. Federal Credit Union Money Market Share Account is offered by G.A.P. Federal Credit Union, a credit union founded in 1937 and based in Johnstown, PA. G.A.P. Federal Credit Union Money Market Share 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 0.80%, which is much higher than the national average for a money market account. However, you must keep a minimum balance of $1000.
- $1,000 minimum deposit. This is a typical minimum initial deposit, but there are accounts that require a smaller initial deposit.
Pros & Cons of G.A.P. Federal Credit Union Money Market Share Account
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G.A.P. Federal Credit Union Money Market Share Account FAQ
Are money market accounts from G.A.P. 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 G.A.P. Federal Credit Union Money Market Share Account rates?
G.A.P. Federal Credit Union Money Market Share Account offers an APY starting at 0.50% and ranging up to 0.80% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep a minimum balance of $1000.
| Rates | Amount |
| APY (Annualized Percentage Yield) | 0.50% - 0.80% |
What are the fees for G.A.P. Federal Credit Union Money Market Share Account?
G.A.P. Federal Credit Union Money Market Share Account does not charge a monthly maintenance fee.
| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Monthly Service Fee | $0.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Paper Statement Fee | Starting at $1.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NSF Fee | $30.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What is the minimum balance for G.A.P. Federal Credit Union Money Market Share Account?
Minimum deposit of $1,000. You must make an initial deposit of at least $1,000 to open this account.
Interest rate minimum balance of $1,000. You must keep the account balance above $1,000 to earn interest.
What features and perks does G.A.P. Federal Credit Union Money Market Share Account offer?
This account does not seem to offer any of the features and perks we track.
What is the customer service phone number?
The customer service number for this account is (814) 535-4165.
What is the support contact email?
The support contact email for this business credit card is info@gapfcu.org.
How to open an account with G.A.P. Federal Credit Union
- Visit the G.A.P. 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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Hours of Operation
Sunday
Closed
Monday
8:00AM - 4:30PM
Tuesday
8:00AM - 3:30PM
Wednesday
8:00AM - 4:30PM
Thursday
8:00AM - 4:30PM
Friday
8:00AM - 4:30PM
Saturday
Closed