Last Updated: 04/18/2025
Alpena Alcona Area CU Regular Share Savings 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 Savings Accounts
Filter & compare all your options in one place.
Highlights
APY (Annual Percentage Yield)
0.150%(Verified 07/03/2024)
Minimum Opening Deposit
$5
Minimum Balance to Earn APY
$0
Alpena Alcona Area CU Regular Share Savings Account Review
Alpena Alcona Area CU Regular Share Savings Account is offered by Alpena Alcona Area Credit Union, a credit union founded in 1953 and based in Alpena, MI. Alpena Alcona Area CU Regular Share Savings Account are available in 50 states, 5 US territories, and Washington, DC.
Key Takeaways
- Low interest rate. The maximum annual percentage yield for this account is only 0.150%.
- No monthly maintenance fees. This account does not charge any monthly account fees.
- Small minimum initial deposit. You only need $5.00 to open an account.
Alpena Alcona Area CU Regular Share Savings Account Pros & Cons
| Pros | Cons |
|
|
Alpena Alcona Area CU Regular Share Savings Account FAQ
Are savings accounts from Alpena Alcona Area Credit Union federally insured?
Yes, your savings 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.
Does Alpena Alcona Area Credit Union offer a signup bonus?
Alpena Alcona Area CU Regular Share Savings Account doesn't offer a signup bonus.
What is the minimum initial deposit for Alpena Alcona Area CU Regular Share Savings Account?
The minimum deposit to open a Alpena Alcona Area CU Regular Share Savings Account is $5.00.| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimum Average Balance to Avoid Monthly Service Fee | $0.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimum Balance to Earn APY | $0.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimum Opening Deposit | $5.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What APY does Alpena Alcona Area CU Regular Share Savings Account offer?
Alpena Alcona Area CU Regular Share Savings Account offers an APY of 0.150% (APY stands for annual percentage yield, rates may change).
The interest rate on a savings account or checking account can change based, in part, on what the Federal Reserve does. Note that the APY of a savings account is the amount of interest you will earn if you keep your money in the account for a full year expressed as a percentage. The difference between an APY and an interest rate is that the APY takes into account how often your money earns interest (or compounds). The more often your money compounds, the more it will earn. Savings accounts with an interest rate that compounds daily, for example, will earn a higher return (and therefore a higher APY) than savings accounts that compound annually. What fees does Alpena Alcona Area CU Regular Share Savings Account charge?
Alpena Alcona Area CU Regular Share Savings Account does not charge a monthly service fee. See the fee breakdown section below to view all fees.
- Outgoing domestic bank transfers come with a $15.00 fee.
- Outgoing international bank transfers come with a $35.00 fee. You can save a ton of money in fees if you use use a nonbank money transfer service.
- Alpena Alcona Area CU Regular Share Savings Account charges a $10.00 fee for an early account closure. Contact Alpena Alcona Area CU Regular Share Savings Account for more details on what is considered an early closure.
- An overdraft on your account will trigger a $11.50 fee per item.
- Alpena Alcona Area CU Regular Share Savings Account charges $0.50 every time you request a paper statement.
Does Alpena Alcona Area CU Regular Share Savings Account charge overdraft fees?
Yes, Alpena Alcona Area CU Regular Share Savings Account charges a $11.50 overdraft fee.What features and perks does Alpena Alcona Area CU Regular Share Savings Account offer?
This savings account includes the following features:
- Mobile Banking Services - Alpena Alcona Area CU Regular Share Savings Account allows you to manage your money online or with a mobile app.
- Nationwide ATM network - Conveniently transact at a nearby ATM.
Can you set up a direct deposit to Alpena Alcona Area CU Regular Share Savings Account?
Yes, you can typically set up a direct deposit to this account. However, it depends on the direct deposit program your employer uses. Most direct deposit programs allow you to send your paycheck to a savings or checking account. In some cases, you can even split your paycheck between the two.
What is the customer support email for Alpena Alcona Area CU Regular Share Savings Account?
The customer support email for Alpena Alcona Area CU Regular Share Savings Account is info@aaacu.com.
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
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