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  The Pennsylvania State Employees Credit Union Money Market Account

The Pennsylvania State Employees Credit Union Money Market Account

in Money Market Accounts from The Pennsylvania State Employees Credit Union · Member ncua

Unaffiliated

The Pennsylvania State Employees Credit Union Money Market Account

Unaffiliated

in Money Market Accounts from The Pennsylvania State Employees Credit Union · Member NCUSIF

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Highlights
APY (Annual Percentage Yield) 0.2%
APY Minimum Balance $500
Minimum Opening Deposit N/A

The Pennsylvania State Employees Credit Union Money Market Account Review

The Pennsylvania State Employees Credit Union Money Market Account is offered by The Pennsylvania State Employees Credit Union, a credit union founded in 1997 and based in Harrisburg, PA. The Pennsylvania State Employees Credit Union Money Market Account is available in 1 state across the USA.

Key Takeaways
  • Very high APY. This account offers an annual percentage yield of up to 0.2%, which is much higher than the national average for a money market account.However, you must keep a minimum balance of $500.
Pros & Cons of The Pennsylvania State Employees Credit Union Money Market Account
Pros Cons
  • High-interest yield.
  • Does not offer mobile check deposits.
  • No charge on incoming domestic or international wire transfers.
  • No signup bonus.
  • Does not provide a debit card or ATM access to your money.
  • Not FDIC-insured.
  • Only available in one state.
The Pennsylvania State Employees Credit Union Money Market Account FAQ

Are money market accounts from The Pennsylvania State Employees Credit Union federally insured?

Yes, your The Pennsylvania State Employees 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 interest rates for The Pennsylvania State Employees Credit Union Money Market Account rates?

The Pennsylvania State Employees Credit Union Money Market Account Rates and Terms
Rates Amount
APY 0.2%

The Pennsylvania State Employees Credit Union Money Market Account offers an APY of up to 0.2% (APY stands for annual percentage yield, rates may change).However, to earn interest you must keep a balance of $500.

What are the fees for The Pennsylvania State Employees Credit Union Money Market Account?

The Pennsylvania State Employees Credit Union Money Market Account does not charge a monthly maintenance fee.

The Pennsylvania State Employees Credit Union Money Market Account Fees
Fees Amount
Monthly Fee $0
Paper Statement Fee N/A

What is the minimum balance for The Pennsylvania State Employees Credit Union Money Market Account?

No minimum initial deposit. The Pennsylvania State Employees Credit Union does not require a minimum initial deposit to open an account.

Interest rate minimum balance of $500. You must keep the account balance above $500 to earn interest.

What features and perks does The Pennsylvania State Employees 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 The Pennsylvania State Employees Credit Union

  • Visit the The Pennsylvania State Employees 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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Contact

  • Headquarters
  •   1 Credit Union Pl
    Harrisburg, PA 17110 USA
  •   Visit Site

Hours of Operation

  • Sunday Closed
  • Monday 7:30am - 4:30pm
  • Tuesday 8:00am - 4:00pm
  • Wednesday 8:00am - 4:00pm
  • Thursday 8:00am - 4:00pm
  • Friday 7:30am - 4:30pm
  • Saturday Closed

Other Services by The Pennsylvania State Employees Credit Union

Availability

  Available in 1 state
Pennsylvania
Availabile in all of Pennsylvania

Feature Breakdown

APY Minimum Balance $500
Minimum Balance to Avoid Monthly Fee $0
Monthly Fee $0
APY (Annual Percentage Yield) 0.2%
Dividend Rate 0.2%

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