Last Updated: 04/18/2025
Family Security CU Business Share Savings
Unaffiliated
Last Updated: 04/18/2025
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Highlights
APY (Annual Percentage Yield)
0.50%(Verified 06/21/2024)
Minimum Opening Deposit
Starting at $0
Minimum Balance to Earn APY
$25
Family Security CU Business Share Savings Review
Family Security CU Business Share Savings is offered by Family Security Credit Union, a credit union founded in 1953 and based in Decatur, AL. Family Security CU Business Share Savings are available in 50 states, 5 US territories, and Washington, DC.
Key Takeaways
- Higher than average APY. Family Security CU Business Share Savings has an annual percentage yield of up to 0.50%, which is higher than the average interest rate for savings accounts. Note that you must keep a minimum balance of $25 to earn that interest rate.
- No monthly maintenance fees. This account does not charge any monthly account fees.
- No minimum initial deposit. There is no minimum balance required to open an account online.
- No ATM fees. Family Security CU Business Share Savings does not charge fees on ATM transactions .
Family Security CU Business Share Savings Pros & Cons
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Family Security CU Business Share Savings FAQ
Are savings accounts from family security 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 Family Security Credit Union offer a signup bonus?
Family Security CU Business Share Savings doesn't offer a signup bonus.
What is the minimum initial deposit for Family Security CU Business Share Savings?
There is no minimum deposit to open a Family Security CU Business Share Savings.| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimum Balance to Earn APY | $25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimum Opening Deposit | Starting at $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What APY does Family Security CU Business Share Savings offer?
Family Security CU Business Share Savings offers an APY of 0.50% (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 Family Security CU Business Share Savings charge?
Family Security CU Business Share Savings does not charge a monthly service fee. See the fee breakdown section below to view all fees.
What features and perks does Family Security CU Business Share Savings offer?
This savings account includes the following features:
- Free Online Bill Pay - Online Bill Pay allows you to pay bills easily from your account.
- Mobile Banking Services - Family Security CU Business Share Savings 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 Family Security CU Business Share 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 Family Security CU Business Share Savings?
The customer support email for Family Security CU Business Share Savings is contact.us@myfscu.com.
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Hours of Operation
Sunday
Closed
Monday
7:30AM - 5:00PM
Tuesday
7:30AM - 5:00PM
Wednesday
7:30AM - 5:00PM
Thursday
7:30AM - 5:00PM
Friday
7:30AM - 6:00PM
Saturday
9:00AM - 1:00PM