Coastal Community and Teachers Credit Union is still offering the best interest rate with their money market account called Prime Investment Account (PIA). The credit union has the following current money market rates:

• $1,500 to $24,999.99       1.00% APY
• $25,000 and above           1.26% APY

You can start earning these best money market rates when you make an initial deposit of at least $1,500 to open an account. You also need to have a daily balance of $1,500 or higher to earn these interest rates. The great feature of this money market deal is that there is no monthly maintenance fee. The earnings of this money market account is compounded daily and paid monthly.

This money in the bank deal allows you to make up to 6 transfers or withdrawals via pre-authorized, telephone, online, check, or other methods per statement cycle. In case you exceed the limit of transfer or withdrawal you will have to pay a fee on every transaction that you make. Take note that the interest rate may change once you open a money market account, you may call the credit union first to get the latest money market rate.

If you are not yet a member of Coastal Community and Teachers Credit Union and you reside, work, or attend school in the counties of Duval, Jim Wells, Kleberg, Arkansas, San Patricio, and Nueces then you are eligible to join. Your immediate family and household members are also eligible. You may also visit the credit unions website to check for the list of their field of membership.

You can apply for membership when you visit one of the credit unions offices which are located in the cities of Corpus Christi, Alice, Freer, Kingsville, and Portland in the state of Texas. You just need to deposit and maintain a minimum balance of $5 on your share savings account to become a member. If you have any questions about membership and current interest rates you may call customer service at 361-985-6277.

Coastal Community and Teachers Credit Union was organized on December 9, 1935. Currently, they have over 36,690 members with over $201 million in assets. The credit union is also registered under NCUA charter number 68482.