MembersFirst Credit Union Savasaurus Club Savings

MembersFirst Credit Union Savasaurus Club Savings Review

MembersFirst Credit Union Savasaurus Club Savings is offered by MembersFirst Credit Union, a credit union founded in 1953 and based in Decatur, GA. MembersFirst Credit Union Savasaurus Club Savings are available in 1 state across the USA.

Key Takeaways

• Low interest rate. The maximum annual percentage yield for this account is only 0.06%.

MembersFirst Credit Union Savasaurus Club Savings Pros & Cons

Pros	Cons
Dividend-yielding account. Insured by NCUA. Access to physical branches.	No signup bonus. Does not provide access to a nationwide ATM network. Does not come with a debit card Only available in one state. Higher than average wire transfer fees.

MembersFirst Credit Union Savasaurus Club Savings FAQ

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

MembersFirst Credit Union Savasaurus Club Savings doesn't offer a signup bonus.

What is the minimum initial deposit for MembersFirst Credit Union Savasaurus Club Savings?

MembersFirst Credit Union Savasaurus Club Savings Minimums

Description
Minimum Balance to Earn APY	$25
Minimum Required Balance	$5

What APY does MembersFirst Credit Union Savasaurus Club Savings offer?

MembersFirst Credit Union Savasaurus Club Savings offers an APY of 0.06% (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 MembersFirst Credit Union Savasaurus Club Savings charge?

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

• Outgoing domestic bank transfers come with a $15 fee.
• Incoming domestic bank transfers come with a $10 fee.
• Outgoing international bank transfers come with a $60 fee. You can save a ton of money in fees if you use use a nonbank money transfer service.
• Incoming international bank transfers come with a $60 fee.
• MembersFirst Credit Union Savasaurus Club Savings charges a $20 fee for an early account closure. Contact MembersFirst Credit Union Savasaurus Club Savings for more details on what is considered an early closure.
• MembersFirst Credit Union Savasaurus Club Savings charges $3 every time you request a paper statement.

What features and perks does MembersFirst Credit Union Savasaurus Club Savings offer?

This savings account includes the following features:

• Fraud monitoring - MembersFirst Credit Union Savasaurus Club 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.
• Free Online Bill Pay - Online Bill Pay allows you to pay bills easily from your account.
• Mobile Banking Services - MembersFirst Credit Union Savasaurus Club Savings allows you to manage your money online or with a mobile app. This includes depositing checks in your account with a mobile app on your smartphone.

Can you set up a direct deposit to MembersFirst Credit Union Savasaurus Club 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 MembersFirst Credit Union Savasaurus Club Savings?

The customer support email for MembersFirst Credit Union Savasaurus Club Savings is feedback@membersfirstga.com.