Security Service FCU Money Market Account

Security Service FCU Money Market Account Review

Security Service FCU Money Market Account is offered by Security Service Federal Credit Union, a credit union founded in 1973 and based in San Antonio, TX. Security Service FCU Money Market Account are available in 3 states across the USA.

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 $5.
• Charges a monthly fee. This account charges a monthly service fee of up to $10, but the fee is waived if you keep a minimum balance of $1,000.
• $1,000 minimum deposit. This is a typical minimum initial deposit, but there are accounts that require a smaller initial deposit.

Pros & Cons of Security Service FCU Money Market Account

Pros	Cons
Generous dividends. Does not offer mobile check deposits. Insured by NCUA. Access to physical branches.	No signup bonus. Does not provide a debit card. Not FDIC-insured. Only available in 3 states. Monthly service charge.

Security Service FCU Money Market Account FAQ

Are money market accounts from Security Service 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 Security Service FCU Money Market Account rates?

Security Service FCU Money Market Account offers an APY starting at 0.05% 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 $5.

Security Service FCU Money Market Account Rates and Terms

Rates	Amount
APY (Annualized Percentage Yield)	0.05% - 0.25%

What are the fees for Security Service FCU Money Market Account?

This account charges a monthly maintenance fee of up to $10. You can avoid this fee by maintaining a balance of $1,000.

Security Service Federal Credit Union will charge you a $10 fee if you exceed your maximum number of monthly transactions.

Security Service FCU Money Market Account Fees

Fees	Amount
Monthly Fee	up to $10
Paper Statement Fee	N/A
Excess Transaction Fee	$10

What is the minimum balance for Security Service FCU Money Market Account?

Minimum deposit of $1,000. You must make an initial deposit of at least $1,000 to open this account.

Monthly maintenance fee waiver. You can avoid the monthly fee if you keep a balance of $1,000.

Interest rate minimum balance of $5. You must keep the account balance above $5 to earn interest.

What features and perks does Security Service FCU Money Market Account offer?

This account includes the following features:

• Check Writing - Security Service FCU Money Market Account includes check writing privileges. This is convenient method to pay bills and transfer money from your account.
• Fraud monitoring - Security Service Federal Credit Union monitors transactions for potentially fraudulent activity.
• Mobile Banking Services - Security Service FCU Money Market Account allows you to manage your money through online banking and a dedicated mobile app.

What is the customer service phone number?

The customer service number for this account is (210) 476-4000.

What is the support contact email?

The support contact email for this business credit card is serviceteam@ssfcu.org.

How to open an account with Security Service Federal Credit Union

• Visit the Security Service 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.