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Last Updated: 04/18/2025

Strata Credit Union Money Market Account

in Money Market Accounts from Strata Credit Union

Last Updated: 04/18/2025

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Highlights

APY (Annual Percentage Yield)

0.05% - 0.25%(Verified 07/06/2024)

Minimum Balance to Earn APY

$1

Minimum Opening Deposit

$2,500

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Strata Credit Union Money Market Account Review

Strata Credit Union Money Market Account is offered by Strata Credit Union, a credit union founded in 1949 and based in Bakersfield, CA. Strata Credit Union Money Market Account are available in 50 states, 5 US territories, 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 $1.00.
  • 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 Strata Credit Union Money Market Account

Strata Credit Union Money Market Account FAQ

Are money market accounts from Strata 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 Strata Credit Union Money Market Account rates?

Strata Credit Union 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 $1.00.

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

Strata Credit Union Money Market Account does not charge a monthly maintenance fee.

What is the minimum balance for Strata 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.
Monthly maintenance fee waiver. You can avoid the monthly fee if you keep a balance of $2,500.00.
Interest rate minimum balance of $1.00. You must keep the account balance above $1.00 to earn interest.

What features and perks does Strata Credit Union Money Market Account offer?

This account includes the following features:
  • Mobile Banking Services - Strata Credit Union Money Market Account allows you to manage your money through online banking and a dedicated mobile app.
  • Nationwide ATM network - Strata Credit Union Money Market Account allows you to access your money from an ATM, a convenient feature only a few offer.

What is the customer service phone number?

The customer service number for this account is (661) 327-9461.

What is the support contact email?

The support contact email for this business credit card is marketing@stratacu.org.

How to open an account with Strata Credit Union

  • Visit the Strata 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

1717 Truxtun Ave
Bakersfield, CA 93301
(661) 327-9461
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Hours of Operation

Sunday
Closed
Monday
9:00AM - 5:30PM
Tuesday
9:00AM - 5:30PM
Wednesday
9:00AM - 5:30PM
Thursday
9:00AM - 5:30PM
Friday
9:00AM - 5:30PM
Saturday
Closed

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SuperMoney Net Recommendation Score

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Strata Credit Union Money Market Account Community Reviews

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