Last Updated: 04/18/2025
Shell FCU Savings Accounts
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)
0.10%(Verified 06/21/2024)
Minimum Opening Deposit
$0.10 - $0.50
Minimum Balance to Earn APY
$5
Shell FCU Savings Accounts Review
Shell FCU Savings Accounts is offered by Shell Federal Credit Union, a credit union founded in 1937 and based in Deer Park, TX. Shell FCU Savings Accounts are available in 50 states and Washington, DC.
Key Takeaways
- Low interest rate. The maximum annual percentage yield for this account is only 0.10%.
- No monthly maintenance fees. This account does not charge any monthly account fees.
- Small minimum initial deposit. You only need $0.10 to open an account.
- No ATM fees. Shell FCU Savings Accounts does not charge fees on ATM transactions .
Shell FCU Savings Accounts Pros & Cons
| Pros | Cons |
|
|
Shell FCU Savings Accounts FAQ
Are savings accounts from Shell 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 Shell Federal Credit Union offer a signup bonus?
Shell FCU Savings Accounts doesn't offer a signup bonus.
What is the minimum initial deposit for Shell FCU Savings Accounts?
The minimum deposit to open a Shell FCU Savings Accounts is $0.10.| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimum Balance to Earn APY | $5 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimum Opening Deposit | $0.10 - $0.50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What APY does Shell FCU Savings Accounts offer?
Shell FCU Savings Accounts offers an APY of 0.10% (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 Shell FCU Savings Accounts charge?
Shell FCU Savings Accounts 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.
- Outgoing international bank transfers come with a $35 fee. You can save a ton of money in fees if you use use a nonbank money transfer service.
What features and perks does Shell FCU Savings Accounts offer?
This savings account includes the following features:
- Mobile Banking Services - Shell FCU Savings Accounts allows you to manage your money online or with a mobile app.
Can you set up a direct deposit to Shell FCU 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 Shell FCU Savings Accounts?
The customer support email for Shell FCU Savings Accounts is Contactus@shellfcu.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
7:30AM - 6:00PM
Tuesday
7:30AM - 6:00PM
Wednesday
7:30AM - 6:00PM
Thursday
7:30AM - 7:00PM
Friday
7:30AM - 7:00PM
Saturday
8:00AM - 12:30PM