People’s First Federal Credit Union encourages its members to take advantage of their money market account which offers attractive interest rate. This money in the bank deal has an interest rate of 1.25% APY which you can earn once you open this best money market account. Please note that once account is opened the interest rate may change, so I suggest that you call the credit union to check for the latest number.

This best money market account also allows you to make up to 6 withdrawals or transfers to a third party which can be made via debit card, pre-authorization, check, over the counter, phone, online, or other methods per statement cycle as mandated by law. If in case you exceed the limit, you will have to pay for a fee on every transaction that you make.

Membership with People’s First Federal Credit Union is open to everyone who live, worship, attend school, or work in the community of Tarrant. Immediate family members are also eligible to join. You need to visit the credit unions office to apply for membership. You also need to bring valid picture identification like driver’s license, passport, state isuued ID, or social security card. If you still have questions with regard to their membership eligibility, money market rate, or account specifics please do not hesitate to call their customer service line at 205-841-1818.

People’s First Federal Credit Union was federally chartered in 1934 and is headquartered in Tarrant, Alabama. It is a very small credit union which has 965 members with over $5.6 million in declared assets. The credit union is also registered under National Credit Union Association which has a charter number 1610.