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Last Updated: 04/18/2025

Skyla Credit Union Money Market Account

from Skyla Credit Union

Last Updated: 04/18/2025

Skyla Credit Union logo
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Highlights

APY (Annual Percentage Yield)

1.00% - 2.25%(Verified 06/21/2024)

Minimum Balance to Earn APY

$1,000

Minimum Opening Deposit

Starting at $1,000

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Skyla Credit Union Money Market Account Review

Skyla Credit Union Money Market Account is offered by Skyla Credit Union, a credit union founded in 1962 and based in Charlotte, NC. skyla credit union 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 2.25%, which is much higher than the national average for a money market account. However, you must keep a minimum balance of $1000.
  • $1,000 minimum deposit. This is a typical minimum initial deposit, but there are accounts that require a smaller initial deposit.

Pros & Cons of Skyla Credit Union Money Market Account

Skyla Credit Union Money Market Account FAQ

Are money market accounts from Skyla 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 skyla credit union rates?

skyla credit union offers an APY starting at 1.00% and ranging up to 2.25% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep a minimum balance of $1000.

What are the fees for Skyla Credit Union Money Market Account?

What is the minimum balance for skyla credit union?

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 $1,000. You must keep the account balance above $1,000 to earn interest.

What features and perks does skyla credit union offer?

This account includes the following features:

    What is the customer service phone number?

    The customer service number for this account is (704) 375-0183.

    What is the support contact email?

    The support contact email for this business credit card is info@cmcu.org.

    How to open an account with Skyla Credit Union

    • Visit the Skyla 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.

    SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

    Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

    Contact

    Headquarters

    718 Central Ave
    Charlotte, NC 28204
    (704) 375-0183
    Visit Site

    Hours of Operation

    Sunday
    Closed
    Monday
    9:00AM - 5:00PM
    Tuesday
    9:00AM - 5:00PM
    Wednesday
    9:00AM - 5:00PM
    Thursday
    9:00AM - 5:00PM
    Friday
    9:00AM - 5:00PM
    Saturday
    Closed

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    SuperMoney Net Recommendation Score

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    0

    -1000+100
    No one recommends
    Everyone recommends
    The recommendation score reflects customer satisfaction with a provider. A score of +100 means every customer recommends the provider, while -100 means none of them do. These scores are based entirely on community member votes and are not influenced by partner compensation. SuperMoney removes fake reviews when detected.

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