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  MEMBERS1st Community Credit Union Money Market
MEMBERS1st Community Credit Union Money Market
in Money Market Accounts from MEMBERS1st Community Credit Union · Insured by NCUA
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MEMBERS1st Community Credit Union Money Market

Unaffiliated
in Money Market Accounts from MEMBERS1st Community Credit Union · Insured by NCUA
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Highlights
APY (Annual Percentage Yield) 0.2% - 0.35%
(Verified 08/04/2023)
Minimum Balance to Earn APY $2,500
Minimum Opening Deposit Starting at $2,500

MEMBERS1st Community Credit Union Money Market Review

MEMBERS1st Community Credit Union Money Market is offered by MEMBERS1st Community Credit Union, a credit union founded in 1964 and based in Marshalltown, IA. MEMBERS1st Community Credit Union Money Market 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 0.35%, which is much higher than the national average for a money market account.However, you must keep a minimum balance of $2500.
  • $0 monthly fee. This account does not charge any monthly account fees.
  • High minumum deposit. You must deposit a minimum of $2,500, which is high compared to most money market accounts.

Pros & Cons of MEMBERS1st Community Credit Union Money Market

Pros Cons
  • Available in all 50 states.
  • Generous dividends.
  • Insured by NCUA.
  • Access to physical branches.
  • Deposit checks remotely.
  • No signup bonus.
  • Does not provide a debit card.
  • Not FDIC-insured.

MEMBERS1st Community Credit Union Money Market FAQ

Are money market accounts from MEMBERS1st Community 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 MEMBERS1st Community Credit Union Money Market rates?

MEMBERS1st Community Credit Union Money Market offers an APY starting at 0.2% and ranging up to 0.35% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep a minimum balance of $2500.

MEMBERS1st Community Credit Union Money Market Rates and Terms
Rates Amount
APY (Annualized Percentage Yield) 0.2% - 0.35%

What are the fees for MEMBERS1st Community Credit Union Money Market?

MEMBERS1st Community Credit Union Money Market does not charge a monthly maintenance fee.

MEMBERS1st Community Credit Union will charge you a $5 fee if you exceed your maximum number of monthly transactions.

MEMBERS1st Community Credit Union will allow you to make up to 6 withdrawals or transactionss per month. That is also the maximum set by federal regulations.
MEMBERS1st Community Credit Union Money Market Fees
Fees Amount
Monthly Fee $0
Paper Statement Fee $2
Excess Transaction Fee $5

What is the minimum balance for MEMBERS1st Community Credit Union Money Market?

Minimum deposit of $2,500. You must make an initial deposit of at least $2,500 to open this account.

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

What features and perks does MEMBERS1st Community Credit Union Money Market offer?

This account includes the following features:

  • Fraud monitoring - MEMBERS1st Community Credit Union monitors transactions for potentially fraudulent activity.
  • Mobile Banking Services - MEMBERS1st Community Credit Union Money Market allows you to manage your money through online banking and a dedicated mobile app. This includes depositing checks in your account with your smartphone.

What is the customer service phone number?

The customer service number for this account is .

What is the support contact email?

The support contact email for this business credit card is info@members1st.com.

How to open an account with MEMBERS1st Community Credit Union

  • Visit the MEMBERS1st Community 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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Contact

Hours of Operation

  • Sunday Closed
  • Monday 9:00am - 5:00pm
  • Tuesday 9:00am - 5:00pm
  • Wednesday 9:30am - 5:00pm
  • Thursday 9:00am - 5:00pm
  • Friday 9:00am - 5:00pm
  • Saturday Closed

Other Services by MEMBERS1st Community Credit Union

Availability

  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • 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
  • Washington, DC
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

Minimum Balance to Avoid Monthly Fee Starting at $0
Minimum Balance to Earn APY $2,500
Minimum Opening Deposit Starting at $2,500
Monthly Fee $0
(Verified 08/04/2023)
NSF Fee $29
Paper Statement Fee $2
Account Features
  • Free Bill Pay
  • Mobile Check Deposit
  • No Monthly Maintenance Fee
  • Interest Bearing Account
  • Mobile Banking
  • Fraud Monitoring
  • Fraud Protection
  • Insured by NCUA
  • Branch Access
APY (Annual Percentage Yield) 0.2% - 0.35%
(Verified 08/04/2023)

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