Financial Center FCU Business Share Savings Account

Key Takeaways

• Higher than average APY. Financial Center FCU Business Share Savings Account has an annual percentage yield of up to 0.25%, which is higher than the average interest rate for savings accounts. Note that you must keep a minimum balance of $100.00 to earn that interest rate.
• No monthly maintenance fees. This account does not charge any monthly account fees.
• $100.00 minimum opening deposit. This is a typical minimum initial deposit.

Financial Center FCU Business Share Savings Account Pros & Cons

Financial Center FCU Business Share Savings Account FAQ

Are savings accounts from Financial Center First Credit Union federally insured?

Does Financial Center First Credit Union offer a signup bonus?

What is the minimum initial deposit for Financial Center FCU Business Share Savings Account?

The minimum deposit to open a Financial Center FCU Business Share Savings Account is $100.00.

What APY does Financial Center FCU Business Share Savings Account offer?

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 Financial Center FCU Business Share Savings Account charge?

• Outgoing domestic bank transfers come with a $25.00 fee.
• Incoming domestic bank transfers come with a $25.00 fee.
• Outgoing international bank transfers come with a $40.00 fee. You can save a ton of money in fees if you use use a nonbank money transfer service.
• An overdraft on your account will trigger a $35.00 fee per item.
• Financial Center FCU Business Share Savings Account charges $5.00 every time you request a paper statement.

Does Financial Center FCU Business Share Savings Account charge overdraft fees?

Yes, Financial Center FCU Business Share Savings Account charges a $35.00 overdraft fee.

What features and perks does Financial Center FCU Business Share Savings Account offer?

Can you set up a direct deposit to Financial Center FCU Business Share Savings Account?

What is the customer support email for Financial Center FCU Business Share Savings Account?