Last Updated: 04/18/2025
Pitney Bowes Employees FCU All Purpose Savings Account
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Last Updated: 04/18/2025
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Highlights
APY (Annual Percentage Yield)
2.02%(Verified 09/12/2024)
Minimum Opening Deposit
$0
Minimum Balance to Earn APY
$0.01
Pitney Bowes Employees FCU All Purpose Savings Account Review
Pitney Bowes Employees FCU All Purpose Savings Account is offered by Pitney Bowes Employees Federal Credit Union, a credit union founded in 1936 and based in Shelton, CT. Pitney Bowes Employees FCU All Purpose 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 2.02%, which is much higher than the average interest rate for a savings account.
- Waivable monthly maintenance fee. Need to maintain a balance of $100 to avoid fee
- No minimum initial deposit. There is no minimum balance required to open an account online.
Pitney Bowes Employees FCU All Purpose Savings Account Pros & Cons
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Pitney Bowes Employees FCU All Purpose Savings Account FAQ
Are savings accounts from Pitney Bowes Employees Federal 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 Pitney Bowes Employees Federal Credit Union offer a signup bonus?
Pitney Bowes Employees FCU All Purpose Savings Account doesn't offer a signup bonus.
What is the minimum initial deposit for Pitney Bowes Employees FCU All Purpose Savings Account?
There is no minimum deposit to open a Pitney Bowes Employees FCU All Purpose Savings Account.| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimum Average Balance to Avoid Monthly Service Fee | $100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimum Balance to Earn APY | $0.01 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimum Opening Deposit | $0.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What APY does Pitney Bowes Employees FCU All Purpose Savings Account offer?
Pitney Bowes Employees FCU All Purpose Savings Account offers an APY of 2.02% (APY stands for annual percentage yield, rates may change). This is much higher than the average savings account rate.
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 Pitney Bowes Employees FCU All Purpose Savings Account charge?
This account charges a monthly service fee of $5.00. However, you can waive the monthly fees if you have a minimum daily balance of $100.00.
- Incoming domestic bank transfers come with a $10.00 fee.
- An overdraft on your account will trigger a $10.00 fee per item.
- Pitney Bowes Employees FCU All Purpose Savings Account charges $2.00 every time you request a paper statement.
Does Pitney Bowes Employees FCU All Purpose Savings Account charge overdraft fees?
Yes, Pitney Bowes Employees FCU All Purpose Savings Account charges a $10.00 overdraft fee.What features and perks does Pitney Bowes Employees FCU All Purpose Savings Account offer?
This savings account includes the following features:
- Nationwide ATM network - Conveniently transact at a nearby ATM.
Can you set up a direct deposit to Pitney Bowes Employees FCU All Purpose 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 Pitney Bowes Employees FCU All Purpose Savings Account?
The customer support email for Pitney Bowes Employees FCU All Purpose Savings Account is pbefcu@pb.com.
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Hours of Operation
SundayClosedMondayClosedTuesday9:00AM - 3:00PMWednesdayClosedThursday9:00AM - 3:00PMFridayClosedSaturdayClosed
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APY (Annual Percentage Yield)
2.07%
Disclaimer popup with additional information
Minimum Opening Deposit
$250
Minimum Balance to Earn APY
$0.01
Rating not yet determined
APY (Annual Percentage Yield)
2.02%
Disclaimer popup with additional information
Minimum Opening Deposit
$50
Minimum Balance to Earn APY
$0.01
Rating not yet determined
APY (Annual Percentage Yield)
2.07%
Disclaimer popup with additional information
Minimum Opening Deposit
$250
Minimum Balance to Earn APY
$0.01
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