F&A Federal Credit Union has a money in the bank opportunity with their money market account which has an attractive interest rate. This money market deal has an interest rate of 1.30% APY for balances of $2,500 and above. The minimum opening balance required is also $2,500.

The earnings of this money market deal is paid every month. The bank also allows you to make withdrawals and deposits without penalties. You can even use the bank’s Savings calculator on their website to know how much you save every month. You can also manage your account through online banking with free bill payments online. Please be reminded also that once money market account is opened, the interest rate may change without notice.

Membership with F&A Federal Credit Union can be thru select employee groups which includes the County of Los Angeles Fire Department, Lifeguards, Fire Fighters Local 1014, Agriculture Commissioner / Measures and Weights, Office of the Farm Advisory, and Cooperative Agricultural Extension Program of the University of California. In addition to this they also serve the employees of the following cities which includes: Temple City, Sierra Madre, San Dimas, Rolling Hills, Pico Rivera, Norwalk, Maywood, Lakewood, La Mirada, Irwindale, Hawaiian Gardens, Diamond Bar, Claremont, Bradbury, Bell, Artesia, West Hollywood, South El Monte, Santa Clarita, Rosemead, Rancho Palos Verdes, Paramount, and a lot more. Immediate family members are also eligible to join.

You need to visit one of their branches and open a regular share savings account with an initial deposit of $5 to become a member of the credit union. F&A Federal Credit Union is headquartered in Monterey Park, California. You may also call their customer service line if you still have questions with regard to their money market account and field of membership thru 323-268-1226.

F&A Federal Credit Union was established in 1936. They also have over 41,037 members with $1.16 billion in declared assets. The credit union has an NCUA charter number 1493.