Utilities Employees Credit Union offers their high interest rate for their money market account. This money in the bank deal is divided into 3 tiers:

• $0.01 to $9,999.99      0.50% APY
• $10,000 to $49,999.99      1.25% APY
• $50,000 and above      1.75% APY

The credit union requires you to deposit a minimum balance of $2,500 to open an account and take advantage of this high interest rate money market. There are perks that you can enjoy once you have an account: first order of checks are free; you can make unlimited deposits; or can make up to 6 fund transfers to another account or thru third party per statement cycle. The maintaining balance of this money market account is $2,500 and if in case it goes below minimum you will be charge a $10 fee.

Utilities Employees Credit Union membership welcomes individuals who works in the companies who are member of this credit union. Retirees and relatives of the members are also qualified to join. You may visit the website of the credit union to check the list of companies that are accredited to Utilities Employees Credit Union. You are required to open a share savings account with a minimum deposit of $5. You may download and print the application form. After completing the application you have to mail it to the credit union. You may also contact their customer service line for questions with regards to membership and money market rates thru 800-288-6423 extension 4000.

Utilities Employees Credit Union is headquartered in 11 Meridian Blvd., Wyomissing, Pennsylvania 19610.

Utilities Employees Credit Union was chartered in 1934. Currently the credit union have over 42,000 members and has a total of $3.5 million in declared assets.

Utilities Employees Credit Union is also insured by the National Credit Union Association under charter number 1851.