Last Updated: 04/18/2025
Leominster CU Premium Money Market Account
Unaffiliated
Last Updated: 04/18/2025
No Reviews Yet
This product has no reviews yet. Help others by sharing your thoughts.
Be the first to rateCompare All Money Market Accounts
Filter & compare all your options in one place.
Highlights
APY (Annual Percentage Yield)
0.15% - 0.30%(Verified 06/21/2024)
Minimum Balance to Earn APY
$61
Minimum Opening Deposit
Starting at $1,000
Leominster CU Premium Money Market Account Review
Leominster CU Premium Money Market Account is offered by Leominster Credit Union, a credit union founded in 1954 and based in Leominster, MA. Leominster CU Premium 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 0.30%, which is much higher than the national average for a money market account. However, you must keep a minimum balance of $61.
- $0 monthly account fees available. This account charges a monthly fee of up to $5, but the fee may be waived if you keep a minimum balance of$1,000.
- $1,000 minimum deposit. This is a typical minimum initial deposit, but there are accounts that require a smaller initial deposit.
Pros & Cons of Leominster CU Premium Money Market Account
| Pros | Cons |
|
Leominster CU Premium Money Market Account FAQ
Are money market accounts from Leominster Credit Union federally insured?
Yes, your deposits are insured by the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government. 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 Leominster CU Premium Money Market Account rates?
Leominster CU Premium Money Market Account offers an APY starting at 0.15% and ranging up to 0.30% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep a minimum balance of $61.
| Rates | Amount |
| APY (Annualized Percentage Yield) | 0.15% - 0.30% |
What are the fees for Leominster CU Premium Money Market Account?
This account charges a monthly maintenance fee of up to $5. You can avoid this fee by maintaining a balance of $1,000.| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Monthly Maintenance Fee | $0 - $5 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What is the minimum balance for Leominster CU Premium Money Market Account?
Minimum deposit of $1,000. You must make an initial deposit of at least $1,000 to open this account.
Monthly maintenance fee waiver. You can avoid the monthly fee if you keep a balance of $1,000.
Interest rate minimum balance of $61. You must keep the account balance above $61 to earn interest.
What features and perks does Leominster CU Premium Money Market Account offer?
This account includes the following features:
- Mobile Banking Services - Leominster CU Premium Money Market Account 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 (800) 649-4646.
What is the support contact email?
The support contact email for this business credit card is info@leominstercu.com.
How to open an account with Leominster Credit Union
- Visit the Leominster 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.
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
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.
Hours of Operation
SundayClosedMonday8:30AM - 5:00PMTuesday8:30AM - 5:00PMWednesday8:30AM - 5:00PMThursday8:30AM - 6:00PMFriday8:30AM - 5:00PMSaturday8:30AM - 12:00PM
Other Services by Leominster Credit Union
Other Money Market Accounts from Leominster Credit Union
Rating not yet determined
APY (Annual Percentage Yield)
0.25% - 0.75%
Disclaimer popup with additional information
Minimum Balance to Earn APY
$12
Minimum Opening Deposit
Starting at $25K
Rating not yet determined
APY (Annual Percentage Yield)
1.00% - 3.00%
Disclaimer popup with additional information
Minimum Balance to Earn APY
$25K
Minimum Opening Deposit
Starting at $25K
Availability
Available in 50 states and Washington, D.C.
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
SuperMoney Net Recommendation Score
This product has no reviews yet. Help others by sharing your thoughts.
0
-1000+100
No one recommends
Everyone recommends
Leominster CU Premium Money Market Account Community Reviews
Would you recommend Leominster CU Premium Money Market Account to your friends?
There are currently no reviews.
You might also like
Best Money Market Accounts
SuperMoney
Savings vs. Money Market? Which Account Fits You Best?
Jessica Walrack
Should I Open a Savings Account and Why?
Erin Gobler
APR vs. APY: What's the Difference?
Bryce Sanders
How to Recession-Proof Your Finances in 7 Steps
Andrew Latham