Last Updated: 04/18/2025
Verve CU Premier Money Market Accounts
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Last Updated: 04/18/2025
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Highlights
APY (Annual Percentage Yield)
2.38% - 3.04%(Verified 06/21/2024)
Minimum Balance to Earn APY
$25,000
Minimum Opening Deposit
Starting at $25,000
Verve CU Premier Money Market Accounts Review
Verve CU Premier Money Market Accounts is offered by Verve, A Credit Union, a credit union founded in 1937 and based in Oshkosh, WI. verve money account 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 3.04%, which is much higher than the national average for a money market account. However, you must keep a minimum balance of $25000.
- High minumum opening deposit. You must deposit a minimum of $25,000, which is high compared to most money market accounts.
Pros & Cons of Verve CU Premier Money Market Accounts
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Verve CU Premier Money Market Accounts FAQ
Are money market accounts from verve 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 verve money account rates?
verve money account offers an APY starting at 2.38% and ranging up to 3.04% (APY stands for annual percentage yield, rates may change). This is higher than the typical APY for online-only checking accounts, which is around 1% APY. However, to earn interest you must keep a minimum balance of $25000.
| Rates | Amount |
| APY (Annualized Percentage Yield) | 2.38% - 3.04% |
What are the fees for Verve CU Premier Money Market Accounts?
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| Monthly Service Fee | Starting at $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What is the minimum balance for verve money account?
Minimum deposit of $25,000. You must make an initial deposit of at least $25,000 to open this account.
Interest rate minimum balance of $25,000. You must keep the account balance above $25,000 to earn interest.
What features and perks does verve money account offer?
This account includes the following features:
- ATM reimbursement - This account will reimburse you for the ATM fees charged by other networks.
- Nationwide ATM network - verve money 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 (800) 448-9228.
What is the support contact email?
The support contact email for this business credit card is info@verveacu.com.
How to open an account with Verve, A Credit Union
- Visit the Verve, A 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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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 - 6:00PM
Saturday
Closed