Last Updated: 04/18/2025
Transcend Credit Union Money Market Account
Unaffiliated
Last Updated: 04/18/2025
No Reviews Yet
This product has no reviews yet. Help others by sharing your thoughts.
Be the first to rate
Cast Your Vote
Compare All Money Market Accounts
Filter & compare all your options in one place.
Highlights
APY (Annual Percentage Yield)
0.15% - 0.60%(Verified 06/21/2024)
Minimum Balance to Earn APY
$0
Minimum Opening Deposit
$25,000
Transcend Credit Union Money Market Account Review
Transcend Credit Union Money Market Account is offered by Transcend Credit Union, a credit union founded in 1934 and based in Louisville, KY. Transcend 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 0.60%, which is much higher than the national average for a money market account.
- No APY minimum balance. There is no minimum amount you have to deposit to start earning dividends with this money market account.
- No monthly maintenance fees. This account does not charge any monthly account fees.
- High minumum opening deposit. You must deposit a minimum of $25,000.00, which is high compared to most money market accounts.
Pros & Cons of Transcend Credit Union Money Market Account
| Pros | Cons |
|
|
Transcend Credit Union Money Market Account FAQ
Are money market accounts from Transcend 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 Transcend Credit Union Money Market Account rates?
Transcend Credit Union Money Market Account offers an APY starting at 0.15% and ranging up to 0.60% (APY stands for annual percentage yield, rates may change).
| Rates | Amount |
| APY (Annualized Percentage Yield) | 0.15% - 0.60% |
What are the fees for Transcend Credit Union Money Market Account?
Transcend Credit Union Money Market Account does not charge a monthly maintenance fee.
| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Monthly Service Fee | $0.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What is the minimum balance for Transcend Credit Union Money Market Account?
Minimum deposit of $25,000.00. You must make an initial deposit of at least $25,000.00 to open this account.
What features and perks does Transcend Credit Union Money Market Account offer?
This account includes the following features:
- Mobile Banking Services - Transcend Credit Union Money Market Account allows you to manage your money through online banking and a dedicated mobile app.
- Nationwide ATM network - Transcend 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 (502) 459-3000.
How to open an account with Transcend Credit Union
- Visit the Transcend 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.
Hours of Operation
Sunday
Closed
Monday
8:30AM - 4:00PM
Tuesday
8:30AM - 4:00PM
Wednesday
8:30AM - 4:00PM
Thursday
8:30AM - 4:00PM
Friday
8:30AM - 6:00PM
Saturday
9:00AM - 12:00PM