Last Updated: 04/18/2025
Monterra Credit Union Digital 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)
0.50% - 4.00%(Verified 06/21/2024)
Minimum Opening Deposit
Starting at $0
Minimum Balance to Earn APY
$0.01
Monterra Credit Union Digital Savings Account Review
Monterra Credit Union Digital Savings Account is offered by Monterra Credit Union, a credit union founded in 1952 and based in Redwood City, CA. Monterra Credit Union Digital Savings Account are available in 50 states, 5 US territories, and Washington, DC.
Key Takeaways
- High yield savings. This account offers an annual percentage yield of up to 4.00%, which is much higher than the average interest rate for a savings account.
- 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. Monterra Credit Union Digital Savings Account does not charge fees on ATM transactions .
Monterra Credit Union Digital Savings Account Pros & Cons
| Pros | Cons |
|
|
Monterra Credit Union Digital Savings Account FAQ
Are savings accounts from san mateo 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 Monterra Credit Union offer a signup bonus?
Monterra Credit Union Digital Savings Account doesn't offer a signup bonus.
What is the minimum initial deposit for Monterra Credit Union Digital Savings Account?
There is no minimum deposit to open a Monterra Credit Union Digital Savings Account.| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimum Balance to Earn APY | $0.01 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimum Opening Deposit | Starting at $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What APY does Monterra Credit Union Digital Savings Account offer?
Monterra Credit Union Digital Savings Account offers a variable APY starting at 0.50% and ranging up to 4.00% (APY stands for annual percentage yield, rates may change).
What fees does Monterra Credit Union Digital Savings Account charge?
Monterra Credit Union Digital Savings Account does not charge a monthly service fee. See the fee breakdown section below to view all fees.
What features and perks does Monterra Credit Union Digital Savings Account 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 - Monterra Credit Union Digital Savings Account 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 Monterra Credit Union Digital Savings Account?
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 Monterra Credit Union Digital Savings Account?
The customer support email for Monterra Credit Union Digital Savings Account is communityrelations@smcu.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
9:00AM - 5:00PM
Tuesday
9:00AM - 5:00PM
Wednesday
9:00AM - 5:00PM
Thursday
9:00AM - 5:00PM
Friday
9:00AM - 5:00PM
Saturday
9:00AM - 2:00PM