Last Updated: 04/18/2025
Coastal1 Credit Union Business High Yield Savings Account
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Last Updated: 04/18/2025
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Highlights
APY (Annual Percentage Yield)
Minimum Opening Deposit
Minimum Balance to Earn APY
Coastal1 Credit Union Business High Yield Savings Account Review
Key Takeaways
- Low interest rate. The maximum annual percentage yield for this account is only 0.15%.
- Waivable monthly maintenance fee. Need to maintain a minimum average daily balance of $2,500 to waive fee.
- Large minimum initial deposit. You need a minimum deposit of $2,500.00 to open an account. This is a relatively large minimum initial deposit when compared to the other accounts that we track.
Coastal1 Credit Union Business High Yield Savings Account Pros & Cons
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Coastal1 Credit Union Business High Yield Savings Account FAQ
Are savings accounts from Coastal1 Credit Union federally insured?
Does Coastal1 Credit Union offer a signup bonus?
What is the minimum initial deposit for Coastal1 Credit Union Business High Yield Savings Account?
The minimum deposit to open a Coastal1 Credit Union Business High Yield Savings Account is $2,500.00.| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimum Average Balance to Avoid Monthly Service Fee | $2,500.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimum Balance to Earn APY | $25.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimum Opening Deposit | $2,500.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What APY does Coastal1 Credit Union Business High Yield Savings Account offer?
What fees does Coastal1 Credit Union Business High Yield Savings Account charge?
- Outgoing domestic bank transfers come with a $20.00 fee.
- Incoming domestic bank transfers come with a $15.00 fee.
- Outgoing international bank transfers come with a $45.00 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 $15.00 fee.
- An overdraft on your account will trigger a $35.00 fee per item.
- Coastal1 Credit Union Business High Yield Savings Account charges $4.00 every time you request a paper statement.
Does Coastal1 Credit Union Business High Yield Savings Account charge overdraft fees?
Yes, Coastal1 Credit Union Business High Yield Savings Account charges a $35.00 overdraft fee.What features and perks does Coastal1 Credit Union Business High Yield Savings Account offer?
- Mobile Banking Services - Coastal1 Credit Union Business High Yield 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 Coastal1 Credit Union Business High Yield Savings Account?
What is the customer support email for Coastal1 Credit Union Business High Yield Savings Account?
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APY (Annual Percentage Yield)
Minimum Opening Deposit
Minimum Balance to Earn APY
APY (Annual Percentage Yield)
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Minimum Opening Deposit
Minimum Balance to Earn APY
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APY (Annual Percentage Yield)
Minimum Opening Deposit
Minimum Balance to Earn APY
APY (Annual Percentage Yield)
Minimum Opening Deposit
Minimum Balance to Earn APY
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