Schools First Federal Credit Union Money Market Account Review

Schools First Federal Credit Union Money Market Account is offered by Schools First Federal Credit Union, a credit union founded in 1934 and based in Santa Ana, CA. Schools First Federal Credit Union Money Market Account is offered in 1 state across the USA.

Are money market accounts from Schools First Federal Credit Union federally insured?

Yes, your Schools First Federal 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 Schools First Federal Credit Union Money Market Account rates?

Schools First Federal Credit Union Money Market Account offers an APY starting at 0.3% and ranging up to 0.75% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep a minimum balance of $2000.

What are the Schools First Federal Credit Union Money Market Account fees?

Schools First Federal Credit Union Money Market Account does not charge a monthly maintenance fee.

What is the minimum balance for Schools First Federal Credit Union Money Market Account?

No minimum initial deposit. Schools First Federal Credit Union does not require a minimum initial deposit to open an account.

Interest rate minimum balance of $2,000. You must keep the account balance above $2,000 to earn interest.

What features and perks does Schools First Federal Credit Union Money Market Account offer?

This account does not seem to offer any of the features and perks we track.

How to open an account with Schools First Federal Credit Union

• Visit the Schools First 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.