West Michigan Credit Union Nest Egg Savings Account

Key Takeaways

• Low interest rate. The maximum annual percentage yield for this account is only 0.20%.
• No monthly maintenance fees. This account does not charge any monthly account fees.
• Small minimum initial deposit. You only need $1.00 to open an account.

West Michigan Credit Union Nest Egg Savings Account Pros & Cons

West Michigan Credit Union Nest Egg Savings Account FAQ

Are savings accounts from West Michigan Credit Union federally insured?

Does West Michigan Credit Union offer a signup bonus?

What is the minimum initial deposit for West Michigan Credit Union Nest Egg Savings Account?

The minimum deposit to open a West Michigan Credit Union Nest Egg Savings Account is $1.00.

What APY does West Michigan Credit Union Nest Egg 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 West Michigan Credit Union Nest Egg Savings Account charge?

• Outgoing domestic bank transfers come with a $15.00 fee.
• Outgoing international bank transfers come with a $35.00 fee. You can save a ton of money in fees if you use use a nonbank money transfer service.
• An overdraft on your account will trigger a $30.00 fee per item.
• West Michigan Credit Union Nest Egg Savings Account charges $1.00 every time you request a paper statement.

Does West Michigan Credit Union Nest Egg Savings Account charge overdraft fees?

Yes, West Michigan Credit Union Nest Egg Savings Account charges a $30.00 overdraft fee.

What features and perks does West Michigan Credit Union Nest Egg Savings Account offer?

• Mobile Banking Services - West Michigan Credit Union Nest Egg Savings Account 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 West Michigan Credit Union Nest Egg Savings Account?

What is the customer support email for West Michigan Credit Union Nest Egg Savings Account?