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Last Updated: 04/18/2025

Communication Federal Credit Union Savings Accounts

from Communication Federal Credit Union

Last Updated: 04/18/2025

Rating not yet determined1 total votes

1 users don't recommend

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Highlights

APY (Annual Percentage Yield)

0.10%(Verified 06/21/2024)

Minimum Opening Deposit

Starting at $25

Minimum Balance to Earn APY

Communication Federal Credit Union Savings Accounts Review

Communication Federal Credit Union Savings Accounts is offered by Communication Federal Credit Union, a credit union founded in 1939 and based in Oklahoma City, OK. Communication Federal Credit Union Savings 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%.

Communication Federal Credit Union Savings Pros & Cons

Pros

Cons

Available in 50 states and Washington, DC.
Dividend-yielding account.

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.

Communication Federal Credit Union Savings FAQ

Are savings accounts from Communication Federal 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 Communication Federal Credit Union offer a signup bonus?

Communication Federal Credit Union Savings doesn't offer a signup bonus.

What is the minimum initial deposit for Communication Federal Credit Union Savings?

The minimum deposit to open a Communication Federal Credit Union Savings is $25.

Communication Federal Credit Union Savings Accounts Minimums

Description

Minimum Balance to Earn APY

Minimum Opening Deposit

Starting at $25

What APY does Communication Federal Credit Union Savings Accounts offer?

Communication Federal Credit Union 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 Communication Federal Credit Union Savings charge?

Communication Federal Credit Union Savings does not charge a monthly service fee. See the fee breakdown section below to view all fees.

Can you set up a direct deposit to Communication Federal Credit Union Savings?

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 Communication Federal Credit Union Savings?

The customer support email for Communication Federal Credit Union Savings is cfcu@comfedcu.org.

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Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

Headquarters

4141 Northwest Expy

Suite 200

Oklahoma City, OK 73116

(405) 879-5600

Visit Site

Email Support

Hours of Operation

Sunday

Closed

Monday

9:00AM - 5:30PM

Tuesday

9:00AM - 5:30PM

Wednesday

9:00AM - 5:30PM

Thursday

9:00AM - 5:30PM

Friday

9:00AM - 5:30PM

Saturday

9:00AM - 12:00PM

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Other Savings Accounts from Communication Federal Credit Union

Communication FCU Blue Savings for Business

Rating not yet determined

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APY (Annual Percentage Yield)

Up to 4.50%

Minimum Opening Deposit

Starting at $0

Minimum Balance to Earn APY

N/A

Visit Site

Communication FCU Youth Savings Account

Rating not yet determined

Be the first to rate

APY (Annual Percentage Yield)

0.10%

Disclaimer popup with additional information

Minimum Opening Deposit

Starting at $0

Minimum Balance to Earn APY

N/A

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SuperMoney Net Recommendation Score

Not enough SuperMoney users have reviewed this product to provide a recommendation score or rating.

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-1000+100

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The recommendation score reflects customer satisfaction with a provider. A score of +100 means every customer recommends the provider, while -100 means none of them do. These scores are based entirely on community member votes and are not influenced by partner compensation. SuperMoney removes fake reviews when detected.

Communication Federal Credit Union Savings Accounts Community Reviews

Would you recommend Communication Federal Credit Union Savings Accounts to your friends?

Udaay S.

Nov 2, 2023

May or may not recommend

I just wanted to give some heads-ups on a few things before proceeding with the Communication Federal Credit Union Savings Account. While it's available everywhere and pays some dividends, it's not all roses. The interest rate is pretty low at just 0.10%, which means you might not earn as much on your savings as you'd like. Plus, there are some limitations, like no mobile check deposits, no access to a ...Show More

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