MembersFirst Credit Union Money Market Review

MembersFirst Credit Union Money Market is offered by MembersFirst Credit Union, a credit union founded in 1953 and based in Decatur, GA. MembersFirst Credit Union Money Market is available in 1 state across the USA.

Are money market accounts from MembersFirst Credit Union federally insured?

Yes, your MembersFirst 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 MembersFirst Credit Union Money Market rates?

MembersFirst Credit Union Money Market offers an APY starting at 0.20% and ranging up to 0.45% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep a minimum balance of $100.

MembersFirst Credit Union Money Market Rates and Terms

Rates	Amount
APY (Annualized Percentage Yield)	0.20% - 0.45%

What are the MembersFirst Credit Union Money Market fees?

This account charges a monthly maintenance fee of up to $5. You can avoid this fee by maintaining a balance of $1,000.

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

MembersFirst Credit Union will allow you to make up to 6 transactions per month. That is also the maximum set by federal regulations for money market accounts.

MembersFirst Credit Union Money Market Fees

Fees	Amount
Monthly Fee	up to $5
Paper Statement Fee	$3
Excess Transaction Fee	$5

What is the minimum balance for MembersFirst Credit Union Money Market?

Minimum initial deposit of $100. You must make an initial deposit of at least $100 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 $100. You must keep the account balance above $100 to earn interest.

What features and perks does MembersFirst Credit Union Money Market offer?

This account includes the following features:

• Fraud monitoring - MembersFirst Credit Union monitors transactions for potentially fraudulent activity.
• Mobile Banking Services - MembersFirst Credit Union Money Market allows you to manage your money online. This includes depositing checks in your account with your smartphone.

How to open an account with MembersFirst Credit Union

• Visit the MembersFirst 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.