Last Updated: 04/18/2025
Y-12 Federal Credit Union Money Market Account
Unaffiliated
Last Updated: 04/18/2025
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Highlights
APY (Annual Percentage Yield)
0.15% - 0.30%(Verified 06/21/2024)
Minimum Balance to Earn APY
$2,500
Minimum Opening Deposit
Starting at $2,500
Y-12 Federal Credit Union Money Market Account Review
Y-12 Federal Credit Union Money Market Account is offered by Y-12 Federal Credit Union, a credit union founded in 1950 and based in Oak Ridge, TN. Y-12 Federal Credit Union Money Market 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 0.30%, which is much higher than the national average for a money market account. However, you must keep a minimum balance of $2500.
- High minumum opening deposit. You must deposit a minimum of $2,500, which is high compared to most money market accounts.
Pros & Cons of Y-12 Federal Credit Union Money Market Account
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Y-12 Federal Credit Union Money Market Account FAQ
Are money market accounts from Y-12 Federal 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 Y-12 Federal Credit Union Money Market Account rates?
Y-12 Federal Credit Union Money Market Account offers an APY starting at 0.15% and ranging up to 0.30% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep a minimum balance of $2500.
| Rates | Amount |
| APY (Annualized Percentage Yield) | 0.15% - 0.30% |
What are the fees for Y-12 Federal Credit Union Money Market Account?
Y-12 Federal Credit Union Money Market Account does not charge a monthly maintenance fee.
| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Monthly Service Fee | $0.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Paper Statement Fee | Starting at $1.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NSF Fee | $32.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What is the minimum balance for Y-12 Federal Credit Union Money Market Account?
Minimum deposit of $2,500. You must make an initial deposit of at least $2,500 to open this account.
Interest rate minimum balance of $2,500. You must keep the account balance above $2,500 to earn interest.
What features and perks does Y-12 Federal Credit Union Money Market Account offer?
This account includes the following features:
- Check Writing - Y-12 Federal Credit Union Money Market Account includes check writing privileges. This is convenient method to pay bills and transfer money from your account.
What is the customer service phone number?
The customer service number for this account is (865) 482-1043.
What is the support contact email?
The support contact email for this business credit card is Y12info@y12fcu.org.
How to open an account with Y-12 Federal Credit Union
- Visit the Y-12 Federal 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 - 5:30PM
Tuesday
9:00AM - 5:30PM
Wednesday
9:00AM - 5:30PM
Thursday
9:00AM - 5:30PM
Friday
9:00AM - 5:30PM
Saturday
9:00AM - 12:00PM