Leominster Savings Accounts

Leominster Savings Accounts Review

Leominster Savings Accounts is offered by Leominster Credit Union, a credit union founded in 1954 and based in Leominster, MA. Leominster Savings Accounts are available in 50 states (and Washington, DC).

Key Takeaways

• Higher than average APY. Leominster Savings Accounts has an annual percentage yield of up to 1.00%, which is higher than the average interest rate for savings accounts.
• $0 monthly fee. This account does not charge any monthly account fees.
• Small minimum initial deposit. You only need $5 to open an account.
• No ATM fees. Leominster Savings Accounts does not charge fees on ATM transactions.

Leominster Savings Accounts Pros & Cons

Leominster Savings Accounts FAQ

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

Leominster Savings Accounts doesn't offer a signup bonus.

What is the minimum initial deposit for Leominster Savings Accounts?

What APY does Leominster Savings Accounts offer?

Leominster Savings Accounts offers a variable APY starting at 0.10% and ranging up to 1.00% (APY stands for annual percentage yield, rates may change).

What fees does Leominster Savings Accounts charge?

Leominster Savings Accounts does not charge a monthly service fee. See the fee breakdown section below to view all fees.

What features and perks does Leominster Savings Accounts offer?

This savings account includes the following features:

• Mobile Banking Services - Leominster Savings Accounts allows you to manage your money online or with a mobile app.

Can you set up a direct deposit to Leominster Savings Accounts?

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 Leominster Savings Accounts?

The customer support email for Leominster Savings Accounts is info@leominstercu.com.