State Employees' Credit Union Health Savings Account

Key Takeaways

• High yield savings. This account offers an annual percentage yield of up to 2.28%, which is much higher than the average interest rate for a savings account.
• No minimum initial deposit. There is no minimum balance required to open an account online.

State Employees' Credit Union Health Savings Account Pros & Cons

State Employees' Credit Union Health Savings Account FAQ

Are savings accounts from State Employees Credit Union federally insured?

Does State Employees Credit Union offer a signup bonus?

What is the minimum initial deposit for State Employees' Credit Union Health Savings Account?

There is no minimum deposit to open a State Employees' Credit Union Health Savings Account.

What APY does State Employees' Credit Union Health Savings Account offer?

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 State Employees' Credit Union Health Savings Account charge?

• Outgoing domestic bank transfers come with a $10 fee.
• Outgoing international bank transfers come with a $25 fee. You can save a ton of money in fees if you use use a nonbank money transfer service.
• State Employees' Credit Union Health Savings Account charges $1 every time you request a paper statement.

What features and perks does State Employees' Credit Union Health Savings Account offer?

• Mobile Banking Services - State Employees' Credit Union Health Savings Account allows you to manage your money online or with a mobile app.

Can you set up a direct deposit to State Employees' Credit Union Health Savings Account?

What is the customer support email for State Employees' Credit Union Health Savings Account?