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  Educators Credit Union Student Savings
Educators Credit Union Student Savings
in Savings Accounts from Educators Credit Union · Insured by NCUA
Unaffiliated

Educators Credit Union Student Savings

Unaffiliated
in Savings Accounts from Educators Credit Union · Insured by NCUA
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Highlights
Monthly Fee $0 - $10
APY (Annual Percentage Yield) N/A
Minimum Balance to Earn APY N/A

Educators Credit Union Student Savings Review

Educators Credit Union Student Savings is offered by Educators Credit Union, a credit union founded in 1937 and based in Racine, WI. Educators Credit Union Student Savings are available in 1 state across the USA.

Key Takeaways

  • Charges a monthly fee. This account charges a monthly service fee of up to $10.
  • Small minimum initial deposit. You only need $5 to open an account.

Educators Credit Union Student Savings Pros & Cons

Pros Cons
  • Insured by NCUA.
  • Access to physical branches.
  • 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
  • Only available in one state.
  • Monthly service charge.

Educators Credit Union Student Savings FAQ

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

Educators Credit Union Student Savings doesn't offer a signup bonus.

What is the minimum initial deposit for Educators Credit Union Student Savings?

The minimum deposit to open a Educators Credit Union Student Savings is $5.
Educators Credit Union Student Savings Minimums
Description
Minimum Opening Deposit Starting at $5

What APY does Educators Credit Union Student Savings offer?

Educators Credit Union Student Savings is not an interest-bearing account.

What fees does Educators Credit Union Student Savings charge?

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

What features and perks does Educators Credit Union Student Savings offer?

This savings account includes the following features:

  • Fraud monitoring - Educators Credit Union Student Savings 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.

Can you set up a direct deposit to Educators Credit Union Student 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 Educators Credit Union Student Savings?

The customer support email for Educators Credit Union Student Savings is amortgageofficer@ecu.com.

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Availability

  Available in 1 state
Wisconsin
Availabile in all of Wisconsin

Feature Breakdown

Minimum Opening Deposit Starting at $5
Monthly Fee $0 - $10
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Verification Documents Required
  • Proof of Identity
  • Government Issued Photo ID
  • Social Security Number
Account Features
  • Interest Bearing Account
  • Fraud Monitoring
  • Insured by NCUA
  • Branch Access
  • Teen Checking Account

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