Last Updated: 04/18/2025
Members Cooperative CU Education Savings Account
Unaffiliated
Last Updated: 04/18/2025
No Reviews Yet
This product has no reviews yet. Help others by sharing your thoughts.
Be the first to rate
Cast Your Vote
Compare All Savings Accounts
Filter & compare all your options in one place.
Highlights
APY (Annual Percentage Yield)
Up to 0.35%(Verified 06/21/2024)
Minimum Opening Deposit
Starting at $0
Minimum Balance to Earn APY
N/A
Members Cooperative CU Education Savings Account Review
Members Cooperative CU Education Savings Account is offered by Members Cooperative Credit Union, a credit union founded in 1936 and based in Duluth, MN. Members Cooperative ESA are available in 50 states, 5 US territories, and Washington, DC.
Key Takeaways
- Higher than average APY. Members Cooperative CU Education Savings Account has an annual percentage yield of up to 0.35%, which is higher than the average interest rate for savings accounts.
- 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. Members Cooperative CU Education Savings Account does not charge fees on ATM transactions .
Members Cooperative ESA Pros & Cons
| Pros | Cons |
|
|
Members Cooperative ESA FAQ
Are savings accounts from Members Cooperative 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 Members Cooperative Credit Union offer a signup bonus?
Members Cooperative ESA doesn't offer a signup bonus.
What is the minimum initial deposit for Members Cooperative ESA?
There is no minimum deposit to open a Members Cooperative ESA.| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimum Opening Deposit | Starting at $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What APY does Members Cooperative CU Education Savings Account offer?
Members Cooperative ESA offers an APY up to 0.35% (APY stands for annual percentage yield, rates may change).
What fees does Members Cooperative ESA charge?
Members Cooperative ESA does not charge a monthly service fee. See the fee breakdown section below to view all fees.
What features and perks does Members Cooperative ESA 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 - Members Cooperative ESA 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 Members Cooperative ESA?
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 Members Cooperative ESA?
The customer support email for Members Cooperative ESA is memberservices@membersccu.org.
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.
Hours of Operation
Sunday
Closed
Monday
8:00AM - 5:30PM
Tuesday
8:00AM - 5:30PM
Wednesday
8:00AM - 5:30PM
Thursday
8:00AM - 5:30PM
Friday
8:00AM - 5:30PM
Saturday
8:30AM - 5:30PM