Last Updated: 04/18/2025
Penn State FCU Money Market Share Account
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Last Updated: 04/18/2025
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Highlights
APY (Annual Percentage Yield)
0.35% - 1.25%(Verified 06/21/2024)
Minimum Balance to Earn APY
$0
Minimum Opening Deposit
$1,500
Penn State FCU Money Market Share Account Review
Penn State FCU Money Market Share Account is offered by Penn State Federal Credit Union, a credit union founded in 1959 and based in Bellefonte, PA. Penn State FCU Money Market Share 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 1.25%, which is much higher than the national average for a money market account.
- No APY minimum balance. There is no minimum amount you have to deposit to start earning dividends with this money market account.
- No monthly maintenance fees. This account does not charge any monthly account fees.
- $1,500.00 minimum deposit. This is a typical minimum initial deposit, but there are accounts that require a smaller initial deposit.
Pros & Cons of Penn State FCU Money Market Share Account
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Penn State FCU Money Market Share Account FAQ
Are money market accounts from Penn State 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 Penn State FCU Money Market Share Account rates?
Penn State FCU Money Market Share Account offers an APY starting at 0.35% and ranging up to 1.25% (APY stands for annual percentage yield, rates may change).
| Rates | Amount |
| APY (Annualized Percentage Yield) | 0.35% - 1.25% |
What are the fees for Penn State FCU Money Market Share Account?
Penn State FCU Money Market Share Account does not charge a monthly maintenance fee.
| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Monthly Service Fee | $0.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NSF Fee | $35.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What is the minimum balance for Penn State FCU Money Market Share Account?
Minimum deposit of $1,500.00. You must make an initial deposit of at least $1,500.00 to open this account.
What features and perks does Penn State FCU Money Market Share Account offer?
This account includes the following features:
What is the customer service phone number?
The customer service number for this account is (814) 865-7728.
What is the support contact email?
The support contact email for this business credit card is lorimctavish@pennstatefederal.com.
How to open an account with Penn State Federal Credit Union
- Visit the Penn State 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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Hours of Operation
Sunday
Closed
Monday
9:00AM - 4:00PM
Tuesday
9:00AM - 4:00PM
Wednesday
9:00AM - 4:00PM
Thursday
9:00AM - 4:00PM
Friday
9:00AM - 4:00PM
Saturday
Closed