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Money Market Accounts
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Last Updated: 04/18/2025

HFCU Business Money Market Accounts

in Money Market Accounts from Houston Federal Credit Union

Last Updated: 04/18/2025

Houston Federal Credit Union logo
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Highlights

APY (Annual Percentage Yield)

0.00% - 2.35%(Verified 06/21/2024)

Minimum Balance to Earn APY

$2,000

Minimum Opening Deposit

Starting at $2,000

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HFCU Business Money Market Accounts Review

HFCU Business Money Market Accounts is offered by Houston Federal Credit Union, a credit union founded in 1960 and based in Sugar Land, TX. HFCU Business 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 2.35%, which is much higher than the national average for a money market account. However, you must keep a minimum balance of $2000.
  • $2,000 minimum deposit. This is a typical minimum initial deposit, but there are accounts that require a smaller initial deposit.

Pros & Cons of HFCU Business Money Market Accounts

HFCU Business Money Market Accounts FAQ

Are money market accounts from houston 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 HFCU Business rates?

HFCU Business offers an APY starting at 0.00% and ranging up to 2.35% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep a minimum balance of $2000.

What are the fees for HFCU Business Money Market Accounts?

What is the minimum balance for HFCU Business?

Minimum deposit of $2,000. You must make an initial deposit of at least $2,000 to open this account.
Interest rate minimum balance of $2,000. You must keep the account balance above $2,000 to earn interest.

What features and perks does HFCU Business offer?

This account includes the following features:
  • Mobile Banking Services - HFCU Business allows you to manage your money through online banking and a dedicated mobile app.
  • Nationwide ATM network - HFCU Business allows you to access your money from an ATM, a convenient feature only a few offer.

What is the customer service phone number?

The customer service number for this account is (281) 243-0500.

What is the support contact email?

The support contact email for this business credit card is talktous@houstonfcu.org.

How to open an account with Houston Federal Credit Union

  • Visit the Houston 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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Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

Headquarters

16320 Kensington Dr
Sugar Land, TX 77479
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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
8:00AM - 2:00PM

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