Delta Community Credit Union Savings Account Review

Delta Community Credit Union Savings Account is offered by Delta Community Credit Union, a credit union founded in 1940 and based in Atlanta, GA. Delta Community Credit Union Savings Account is available in 50 states (and Washington, DC).

• Higher than average APY. Delta Community Credit Union Savings Account has an annual percentage yield of up to 0.08%, which is higher than the national average interest rate on savings accounts. Note that you must keep a minimum balance of $0.01.
• $0 monthly fee. This account does not charge a monthly Service Charge.
• Small minimum initial deposit. You only need $5 to open an account.
• No ATM fees. Delta Community Credit Union Savings Account does not charge fees on ATM transactions.

Pros	Cons
Available in all 50 states. Interest-yielding account. Deposits are insured by the NCUA (up to $250K). Access to physical branches. No charge on incoming domestic or international wire transfers.	No signup bonus. Does not come with a debit card Not FDIC-insured. No ATM access to savings.

Are savings accounts from Delta Community Credit Union federally insured?

Yes, your Delta Community Credit Union savings accounts are insured up to $250,000 per person by the National Credit Union Share Insurance Fund (NCUSIF). Individual Retirement Accounts (IRA) are insured separately up to $250,000. 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 Delta Community Credit Union offer a signup bonus?

Delta Community savings account doesn't offer a signup bonus.

What is the minimum initial deposit for Delta Community savings account?

The minimum deposit to open a Delta Community savings account is $5.

Delta Community Credit Union Savings Account Minimums

Description
APY Minimum Balance	$0.01
Minimum Opening Deposit	Starting at $5
Minimum Required Balance	$5

What APY does Delta Community Credit Union offer?

Delta Community savings account offers an APY of 0.08% (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 Delta Community savings account charge?

Delta Community savings account does not charge a monthly service fee. See the fee breakdown section below to view all fees.

What features and perks does Delta Community savings account offer?

This savings account includes the following features:

• Check images with monthly statement - Reconciling your accounts and complying with document retention standards is easier when you have access to a copy of your checks for each statement period.
• Fraud monitoring - Delta Community savings account monitors transactions for potentially fraudulent activity, such as when a debit card is unexpectedly used in a different location, or you make a sudden string of costly purchases.
• Mobile Banking Services - Delta Community savings account allows you to manage your money online or with a mobile app. This includes depositing checks in your account with a mobile app on your smartphone.
• Nationwide ATM network - Conveniently transact at a nearby ATM.

Can you set up a direct deposit to Delta Community savings account?

In most cases, the answer is yes. 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.