Brazos Valley Schools Savings Accounts

Brazos Valley Schools Savings Accounts Review

Brazos Valley Schools Savings Accounts is offered by Brazos Valley Schools Credit Union, a credit union founded in 1954 and based in Katy, TX. Brazos Valley Schools Savings Accounts are available in 50 states (and Washington, DC).

Key Takeaways

• Low interest rate. The maximum annual percentage yield for this account is only 0.10%.
• Small minimum initial deposit. You only need $5 to open an account.
• No ATM fees. Brazos Valley Schools Savings Accounts does not charge fees on ATM transactions.

Brazos Valley Schools Savings Accounts Pros & Cons

Pros	Cons
Available in all 50 states. Dividend-yielding account. Insured by NCUA.	Does not offer mobile check deposits. Does not provide access to a nationwide ATM network. Does not come with a debit card No signup bonus.

Brazos Valley Schools Savings Accounts FAQ

Are savings accounts from Brazos Valley Schools 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 Brazos Valley Schools Credit Union offer a signup bonus?

Brazos Valley Schools Savings Accounts doesn't offer a signup bonus.

What is the minimum initial deposit for Brazos Valley Schools Savings Accounts?

The minimum deposit to open a Brazos Valley Schools Savings Accounts is $5.

Brazos Valley Schools Savings Accounts Minimums

Description
Minimum Balance to Earn APY	$5
Minimum Opening Deposit	Starting at $5

What APY does Brazos Valley Schools Savings Accounts offer?

Brazos Valley Schools Savings Accounts 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 Brazos Valley Schools Savings Accounts charge?

Brazos Valley Schools Savings Accounts does not charge a monthly service fee. See the fee breakdown section below to view all fees.

What features and perks does Brazos Valley Schools Savings Accounts offer?

This savings account includes the following features:

• Mobile Banking Services - Brazos Valley Schools Savings Accounts allows you to manage your money online or with a mobile app.

Can you set up a direct deposit to Brazos Valley Schools Savings Accounts?

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 Brazos Valley Schools Savings Accounts?

The customer support email for Brazos Valley Schools Savings Accounts is info@bvscu.org.