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  Brotherhood Credit Union Savings Share Account
Brotherhood Credit Union Savings Share Account
in Savings Accounts from Brotherhood Credit Union · Insured by NCUA
Unaffiliated

Brotherhood Credit Union Savings Share Account

Unaffiliated
in Savings Accounts from Brotherhood Credit Union · Insured by NCUA
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Highlights
Monthly Fee $0
(Verified 02/28/2023)
APY (Annual Percentage Yield) Starting at 0.05%
(Verified 02/28/2023)
Minimum Balance to Earn APY $25

Brotherhood Credit Union Savings Share Account Review

Brotherhood Credit Union Savings Share Account is offered by brotherhood credit union, a credit union founded in 1934 and based in Lynn, MA. Brotherhood Credit Union Savings Share Account are available in 50 states (and Washington, DC).

Key Takeaways

Brotherhood Credit Union Saving Account Pros & Cons

Pros Cons
  • Available in all 50 states.
  • No signup bonus.
  • Does not earn interest.
  • Does not offer mobile check deposits.
  • Does not provide access to a nationwide ATM network.
  • Does not come with a debit card
  • Higher than average wire transfer fees.

Brotherhood Credit Union Saving Account FAQ

Are savings accounts from Brotherhood 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 Brotherhood Credit Union offer a signup bonus?

Brotherhood Credit Union Saving Account doesn't offer a signup bonus.

What is the minimum initial deposit for Brotherhood Credit Union Saving Account?

The minimum deposit to open a Brotherhood Credit Union Saving Account is $25.
Brotherhood Credit Union Savings Share Account Minimums
Description
Minimum Balance to Earn APY $25
Minimum Opening Deposit Starting at $25

What APY does Brotherhood Credit Union Savings Share Account offer?

Brotherhood Credit Union Saving Account offers a variable APY starting at 0.05% (APY stands for annual percentage yield, rates may change).

What fees does Brotherhood Credit Union Saving Account charge?

Brotherhood Credit Union Saving 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 $25 fee.
  • Incoming domestic bank transfers come with a $10 fee.
  • Outgoing international bank transfers come with a $35 fee. You can save a ton of money in fees if you use use a nonbank money transfer service.
  • Incoming international bank transfers come with a $10 fee.

Can you set up a direct deposit to Brotherhood Credit Union Saving 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 Brotherhood Credit Union Saving Account?

The customer support email for Brotherhood Credit Union Saving Account is info@brotherhoodcu.org.

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Contact

Hours of Operation

  • Sunday Closed
  • Monday 8:30am - 4:30pm
  • Tuesday 8:30am - 4:30pm
  • Wednesday 8:30am - 4:30pm
  • Thursday 8:30am - 6:00pm
  • Friday 8:30am - 4:30pm
  • Saturday 8:30am - 12:00pm

Other Services by Brotherhood Credit Union

Availability

  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • Washington, DC
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

Minimum Balance to Earn APY $25
Minimum Opening Deposit Starting at $25
Monthly Fee $0
(Verified 02/28/2023)
Wire Transfer Fee - Domestic (Incoming) $10
Wire Transfer Fee - Domestic (Outgoing) $25
Wire Transfer Fee - International (Incoming) $10
Wire Transfer Fee - International (Outgoing) $35
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Verification Documents Required
  • Driver License (or other photo ID)
  • Proof of citizenship/residence (Green Card)
  • Proof of Income
  • Proof of Identity
  • Proof of Residence
  • U.S. Tax Identification Number
  • Social Security Number
  • Employer Identification Number
APY (Annual Percentage Yield) Starting at 0.05%
(Verified 02/28/2023)

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