Suma (Yonkers) Federal Credit Union is pushing for their high interest rate money market account. The credit union’s current money market rates are the following:

1.11% APY for balances up to $49,999
1.31% APY for balances $50,000 and above

Suma (Yonkers) Federal Credit Union requires consumer to deposit a minimum balance of $2,500 to open this money market account. You need at least $50 on your account to earn the published money market rates. Account holders are allowed to make at least 3 balance transfers and withdrawals per statement cycle. Take note that this money market rates provided by the credit union’s website may change any time without prior notice.

Individuals who are interested to apply for this high interest rate money market account may visit the credit union’s office. Suma (Yonkers) Federal Credit Union has branches located in Yonkers and Spring Valley in NY, and in Stamford and New Haven in CT. You may also contact their customer service to apply for the credit union’s membership and apply for money market account thru 914-220-4900.

Suma (Yonkers) Federal Credit Union was organized in 1964 by Ukrainian immigrants that stayed in Yonker, New York during World War II. Currently, the credit union has over 6,000 members with total declared assets more than $2 billion.

Suma (Yonkers) Federal Credit Union is federally insured by the National Credit Union Administration with charter number 16360.