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Last Updated: 04/18/2025

Westmark CU Premium Money Market Accounts

from Westmark Credit Union

Last Updated: 04/18/2025

Westmark Credit Union logo
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Highlights

APY (Annual Percentage Yield)

0.05% - 2.00%(Verified 06/21/2024)

Minimum Balance to Earn APY

$5,000

Minimum Opening Deposit

Starting at $5,000

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Westmark CU Premium Money Market Accounts Review

Westmark CU Premium Money Market Accounts is offered by Westmark Credit Union, a credit union founded in 1954 and based in Idaho Falls, ID. westmark money market accounts 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 2.00%, which is much higher than the national average for a money market account. However, you must keep a minimum balance of $5000.
  • $0 monthly account fees available. This account charges a monthly fee of up to $15.
  • High minumum opening deposit. You must deposit a minimum of $5,000, which is high compared to most money market accounts.

Pros & Cons of Westmark CU Premium Money Market Accounts

Westmark CU Premium Money Market Accounts FAQ

Are money market accounts from westmark 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 westmark money market accounts rates?

westmark money market accounts offers an APY starting at 0.05% and ranging up to 2.00% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep a minimum balance of $5000.

What are the fees for Westmark CU Premium Money Market Accounts?

This account charges a monthly maintenance fee of up to $15.

What is the minimum balance for westmark money market accounts?

Minimum deposit of $5,000. You must make an initial deposit of at least $5,000 to open this account.
Interest rate minimum balance of $5,000. You must keep the account balance above $5,000 to earn interest.

What features and perks does westmark money market accounts offer?

This account includes the following features:
  • Mobile Banking Services - westmark money market accounts allows you to manage your money through online banking and a dedicated mobile app.
  • Nationwide ATM network - westmark money market accounts 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 (208) 523-1071.

What is the support contact email?

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

How to open an account with Westmark Credit Union

  • Visit the Westmark 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

2520 Channing Way
Idaho Falls, ID 83404
(208) 523-1071
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Hours of Operation

Sunday
All Day
Monday
All Day
Tuesday
All Day
Wednesday
All Day
Thursday
All Day
Friday
All Day
Saturday
All Day

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APY (Annual Percentage Yield)

0.05% - 1.60%
Disclaimer popup with additional information

Minimum Balance to Earn APY

N/A

Minimum Opening Deposit

Starting at $20K
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