Solutions Credit Union is offering the best money in the bank deal when you open their money market account. An interest rate of 1.21% APY can be earned when you open a money market account and deposit a minimum amount of $2,500. A balance of $2,500 or higher must be maintained in the account to avoid monthly service fee.

Like other money market accounts, the credit union also allows you to make up to 6 withdrawals or transfers per statement cycle. Penalty will be imposed in case you exceed the limit. You will also get to have several benefits like direct deposit, ID Theft Protection, online banking with bill pay, and receive free e-statement every month.

Consumers who want to become a member of Solutions Credit Union must reside or work in the City or Town of Elmira, Southport, or Ashland. Employees of Solutions Credit Union can also join. Family members are also eligible to join. You can also contact their customer service line for detailed information about their field of membership thru 607-734-7144.

To apply for membership, you must download the membership form online and complete the application form. You must bring the application form to the credit union’s office and sign for a membership card. Then deposit a minimum of $25 on you new share savings account. The balance on your share savings account must not fall below $25 to avoid closure of the account.

Solutions Credit Union is headquartered in Elmira, New York and has been opened since 1952. The credit union has an NCUA charter number 7846.