1.30% APY Best money market rate with Self Reliance New York Federal Credit Union

Self Reliance New York Federal Credit Union offers attractive interest rate with their money market account. This money market deal has an interest rate of 1.30% APY which you can earn when you deposit a minimum of $2,500 to open an account. You must also have a balance of $2,500 or higher to earn this best money market rate.

The credit union allows you to make up to 6 free withdrawals which can be made via debit card, check, pre-authorized, over the counter, telephone, or online per statement cycle. The minimum withdrawal that you can make on this best money market account is $500. Account holders are insured with the National Credit Union Association for up to $250,000. Please be reminded that once you open an account the interest rate may change, you may call the credit union anytime to check for their latest money market rate.

To become a member of Self Reliance New York Federal Credit Union, you need to apply for membership with Selfreliance Association of American Ukrainians. You may visit one of the branches of the Association located in Kerhonkson, Uniondale, New York, and 98 Second Avenue in the state of New York. Relatives of existing members are also eligible to join. You are also required to pay a one time membership fee of $5 and an initial deposit of $50 to open a basic share savings account as part of their requirement. For more information about their membership eligibility, current interest rate, and requirements just call customer service at 212-473-7310.

Self Reliance New York Federal Credit Union has been offering a wide range of deposit accounts to their members since 1951. They have already grown to have 14,626 members with over $808 million in assets. The credit union has an NCUA charter number 7217.

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Posted on 18th September 2011 by Randell in Money Market Rates

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