Last Updated: 04/18/2025
Ohio Teamsters Credit Union Money Market Account
Unaffiliated
Last Updated: 04/18/2025
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Highlights
APY (Annual Percentage Yield)
0.20% - 0.25%(Verified 06/21/2024)
Minimum Balance to Earn APY
$2,500
Minimum Opening Deposit
$2,500
Ohio Teamsters Credit Union Money Market Account Review
Ohio Teamsters Credit Union Money Market Account is offered by Ohio Teamsters Credit Union, a credit union founded in 1940 and based in Independence, OH. Ohio Teamsters Credit Union 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 0.25%, which is much higher than the national average for a money market account. However, you must keep a minimum balance of $2500.00.
- No monthly maintenance fees. This account does not charge any monthly account fees.
- High minumum opening deposit. You must deposit a minimum of $2,500.00, which is high compared to most money market accounts.
Pros & Cons of Ohio Teamsters Credit Union Money Market Account
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Ohio Teamsters Credit Union Money Market Account FAQ
Are money market accounts from Ohio Teamsters 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 Ohio Teamsters Credit Union Money Market Account rates?
Ohio Teamsters Credit Union Money Market Account offers an APY starting at 0.20% and ranging up to 0.25% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep a minimum balance of $2500.00.
| Rates | Amount |
| APY (Annualized Percentage Yield) | 0.20% - 0.25% |
What are the fees for Ohio Teamsters Credit Union Money Market Account?
Ohio Teamsters Credit Union Money Market Account does not charge a monthly maintenance fee.
| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Monthly Service Fee | $0.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Paper Statement Fee | Starting at $3.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NSF Fee | $30.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Bill Pay Fee (Standard Delivery) | $0.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What is the minimum balance for Ohio Teamsters Credit Union Money Market Account?
Minimum deposit of $2,500.00. You must make an initial deposit of at least $2,500.00 to open this account.
Interest rate minimum balance of $2,500.00. You must keep the account balance above $2,500.00 to earn interest.
What features and perks does Ohio Teamsters Credit Union Money Market Account offer?
This account includes the following features:
What is the customer service phone number?
The customer service number for this account is (216) 573-6700.
What is the support contact email?
The support contact email for this business credit card is mgr@ohioteamsterscu.com.
How to open an account with Ohio Teamsters Credit Union
- Visit the Ohio Teamsters 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
Headquarters
Hours of Operation
Sunday
Closed
Monday
8:30AM - 4:30PM
Tuesday
8:30AM - 4:30PM
Wednesday
8:30AM - 4:30PM
Thursday
8:30AM - 4:30PM
Friday
8:30AM - 4:30PM
Saturday
Closed