Bethpage Federal Credit Union Savings Account Review

Bethpage Federal Credit Union Savings Account is offered by Bethpage Federal Credit Union, a credit union founded in 1941 and based in Bethpage, NY. Bethpage Federal Credit Union Savings Account is available in 50 states (and Washington, DC).

• Higher than average APY. Bethpage Federal Credit Union Savings Account has an annual percentage yield of up to 0.10%, which is higher than the national average interest rate on savings accounts.
• Small minimum initial deposit. You only need $5 to open an account.
• No ATM fees. Bethpage Federal Credit Union Savings Account does not charge fees on ATM transactions.
• Bill pay. Pay your bills to practically anyone in the United States through Bethpage Federal Credit Union.

Pros	Cons
Available in all 50 states. Dividend-yielding account Insured by NCUA. Access to physical branches. No charge on incoming domestic or international wire transfers.	No signup bonus. No ATM access to Bethpage Federal Credit Union Savings Account. Does not come with a debit card Higher than average wire transfer fees.

Are savings accounts from Bethpage Federal Credit Union federally insured?

Yes, your Bethpage Federal Credit Union 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 Bethpage Federal Credit Union offer a signup bonus?

Bethpage Federal savings doesn't offer a signup bonus.

What is the minimum initial deposit for Bethpage Federal savings?

The minimum deposit to open a Bethpage Federal savings is $5.

Bethpage Federal Credit Union Savings Account Minimums

Description
Minimum Balance to Avoid Monthly Fee	$5
Minimum Opening Deposit	Starting at $5
Minimum Required Balance	$5

What APY does Bethpage Federal Credit Union offer?

Bethpage Federal savings offers an APY of 0.10% (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 Bethpage Federal savings charge?

Bethpage Federal savings does not charge a monthly service fee. See the fee breakdown section below to view all fees.

However, you can waive the monthly fees if you have a minimum daily balance of $5.

• Outgoing domestic bank transfers come with a $20 fee.
• Outgoing international bank transfers come with a $30 fee. You can save a ton of money in fees if you use use a nonbank money transfer service.

What features and perks does Bethpage Federal savings offer?

This savings account includes the following features:

• Check images with monthly statement - Reconciling your accounts and complying with document retention standards is easier when you have access to a copy of your checks for each statement period.
• Fraud monitoring - Bethpage Federal savings monitors transactions for potentially fraudulent activity, such as when a debit card is unexpectedly used in a different location, or you make a sudden string of costly purchases.
• Free Online Bill Pay - Online Bill Pay allows you to pay bills easily from your account.
• Mobile Banking Services - Bethpage Federal savings allows you to manage your money online or with a mobile app. This includes depositing checks in your account with a mobile app on your smartphone.
• Nationwide ATM network - Conveniently transact at a nearby ATM.

Can you set up a direct deposit to Bethpage Federal savings?

In most cases, the answer is yes. 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 Bethpage Federal savings?

The customer support email for Bethpage Federal savings is info@bethpagefcu.com.