Y-12 Federal Credit Union Primary Share Savings Account

Key Takeaways

• Low interest rate. The maximum annual percentage yield for this account is only 0.05%.
• Waivable monthly maintenance fee. $7.50 per month, if only a primary share account and average balance is less than $100.00. Excludes members 17 and under.
• Small minimum initial deposit. You only need $1.00 to open an account.

Y-12 Federal Credit Union Primary Share Savings Account Pros & Cons

Y-12 Federal Credit Union Primary Share Savings Account FAQ

Are savings accounts from Y-12 Federal Credit Union federally insured?

Does Y-12 Federal Credit Union offer a signup bonus?

What is the minimum initial deposit for Y-12 Federal Credit Union Primary Share Savings Account?

The minimum deposit to open a Y-12 Federal Credit Union Primary Share Savings Account is $1.00.

What APY does Y-12 Federal Credit Union Primary Share 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 Y-12 Federal Credit Union Primary Share Savings Account charge?

• A bank-teller fee of $2.00. Think twice before visiting a branch of this bank. This fee is triggered when you use a human teller instead of processing a transaction online or on an ATM.
• Outgoing domestic bank transfers come with a $15.00 fee.
• Incoming domestic bank transfers come with a $10.00 fee.
• Outgoing international bank transfers come with a $95.00 fee. You can save a ton of money in fees if you use use a nonbank money transfer service.
• Incoming international bank transfers come with a $15.00 fee.
• Y-12 Federal Credit Union Primary Share Savings Account charges a $15.00 fee for an early account closure. Contact Y-12 Federal Credit Union Primary Share Savings Account for more details on what is considered an early closure.
• An overdraft on your account will trigger a $32.00 fee per item.
• Y-12 Federal Credit Union Primary Share Savings Account charges $2.00 every time you request a paper statement.

Does Y-12 Federal Credit Union Primary Share Savings Account charge overdraft fees?

Yes, Y-12 Federal Credit Union Primary Share Savings Account charges a $32.00 overdraft fee.

What features and perks does Y-12 Federal Credit Union Primary Share Savings Account offer?

• Free Online Bill Pay - Online Bill Pay allows you to pay bills easily from your account.

Can you set up a direct deposit to Y-12 Federal Credit Union Primary Share Savings Account?

What is the customer support email for Y-12 Federal Credit Union Primary Share Savings Account?