Sikorsky Credit Union Savings Accounts

Sikorsky Credit Union Savings Accounts Review

Sikorsky Credit Union Savings Accounts is offered by sikorsky credit union, a credit union founded in 1948 and based in Stratford, CT. sikorsky credit union are available in 50 states (and Washington, DC).

Key Takeaways

• Low interest rate. The maximum annual percentage yield for this account is only 0.20%.
• $0 monthly fee. This account does not charge any monthly account fees.
• Small minimum initial deposit. You only need $5 to open an account.
• No ATM fees. Sikorsky Credit Union Savings Accounts does not charge fees on ATM transactions.

sikorsky credit union Pros & Cons

Pros	Cons
Available in all 50 states. Dividend-yielding account. Insured by NCUA. Free debit card	Does not offer mobile check deposits. No signup bonus.

sikorsky credit union FAQ

Are savings accounts from sikorsky 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 Sikorsky Credit Union offer a signup bonus?

sikorsky credit union doesn't offer a signup bonus.

What is the minimum initial deposit for sikorsky credit union?

The minimum deposit to open a sikorsky credit union is $5.

Sikorsky Credit Union Savings Accounts Minimums

Description
Minimum Balance to Earn APY	$0.01
Minimum Opening Deposit	Starting at $5

What APY does Sikorsky Credit Union Savings Accounts offer?

sikorsky credit union offers an APY of 0.20% (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 sikorsky credit union charge?

sikorsky credit union does not charge a monthly service fee. See the fee breakdown section below to view all fees.

What features and perks does sikorsky credit union offer?

This savings account includes the following features:

• Mobile Banking Services - sikorsky credit union 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 sikorsky credit union?

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 sikorsky credit union?

The customer support email for sikorsky credit union is community@sikorskycu.org.