Last Updated: 04/18/2025
USAlliance Financial High Dividend Savings Account
Unaffiliated
Last Updated: 04/18/2025
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Highlights
APY (Annual Percentage Yield)
4.65%(Verified 06/21/2024)
Minimum Opening Deposit
Starting at $0
Minimum Balance to Earn APY
$500
USAlliance Financial High Dividend Savings Account Review
USAlliance Financial High Dividend Savings Account is offered by USAlliance Federal Credit Union, a credit union founded in 1966 and based in Rye, NY. USAlliance Financial High Dividend Savings Account are available in 50 states and Washington, DC.
Key Takeaways
- High yield savings. This account offers an annual percentage yield of up to 4.65%, which is much higher than the average interest rate for a savings account. However, you must meet minimum balance requirements for higher APYs.
- 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. USAlliance Financial High Dividend Savings Account does not charge fees on ATM transactions .
USAlliance Financial High Dividend Savings Account Pros & Cons
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USAlliance Financial High Dividend Savings Account FAQ
Are savings accounts from USAlliance Federal Credit Union federally insured?
No, your USAlliance Federal Credit Union savings accounts are not insured by a federal insurance agency. This means that if USAlliance Federal Credit Union were to fall into financial difficulties, your deposits are not covered by a government-backed insurance fund like the FDIC or NCUSIF.
Does USAlliance Federal Credit Union offer a signup bonus?
USAlliance Financial High Dividend Savings Account doesn't offer a signup bonus.
What is the minimum initial deposit for USAlliance Financial High Dividend Savings Account?
There is no minimum deposit to open a USAlliance Financial High Dividend Savings Account.| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimum Balance to Earn APY | $500 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimum Opening Deposit | Starting at $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What APY does USAlliance Financial High Dividend Savings Account offer?
USAlliance Financial High Dividend Savings Account offers an APY of 4.65% (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 USAlliance Financial High Dividend Savings Account charge?
USAlliance Financial High Dividend Savings Account does not charge a monthly service fee. See the fee breakdown section below to view all fees.
What features and perks does USAlliance Financial High Dividend 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 - USAlliance Financial High Dividend Savings Account allows you to manage your money online or with a mobile app.
Can you set up a direct deposit to USAlliance Financial High Dividend 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 USAlliance Financial High Dividend Savings Account?
The customer support email for USAlliance Financial High Dividend Savings Account is memberservices@usalliance.org.
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Contact
Headquarters
Hours of Operation
Sunday
Closed
Monday
8:45AM - 4:30PM
Tuesday
8:45AM - 4:30PM
Wednesday
8:45AM - 4:30PM
Thursday
8:45AM - 4:30PM
Friday
8:45AM - 4:30PM
Saturday
9:00AM - 2:00PM