Collegedale CU Savings Accounts

Collegedale CU Savings Accounts Review

Collegedale CU Savings Accounts is offered by Collegedale Credit Union, a credit union founded in 1952 and based in Collegedale, TN. Collegedale CU 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%.
• $0 monthly fee. This account does not charge any monthly account fees.
• No ATM fees. Collegedale CU Savings Accounts does not charge fees on ATM transactions.

Collegedale CU Savings Accounts Pros & Cons

Pros	Cons
Available in all 50 states. Dividend-yielding account. Insured by NCUA. Free debit card	Does not offer mobile check deposits. No signup bonus.

Collegedale CU Savings Accounts FAQ

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

Collegedale CU Savings Accounts doesn't offer a signup bonus.

What is the minimum initial deposit for Collegedale CU Savings Accounts?

The minimum deposit to open a Collegedale CU Savings Accounts is $50.

Collegedale CU Savings Accounts Minimums

Description
Minimum Balance to Earn APY	$50
Minimum Opening Deposit	Starting at $50

What APY does Collegedale CU Savings Accounts offer?

Collegedale CU 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 Collegedale CU Savings Accounts charge?

Collegedale CU Savings Accounts does not charge a monthly service fee. See the fee breakdown section below to view all fees.

What features and perks does Collegedale CU Savings Accounts offer?

This savings account includes the following features:

• Mobile Banking Services - Collegedale CU Savings Accounts 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 Collegedale CU 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 Collegedale CU Savings Accounts?

The customer support email for Collegedale CU Savings Accounts is ccu@collegedale.org.