Houston Chronicle Employees Federal Credit Union still provides high interest savings account opportunities thru their share savings account. This high yield savings account has the following current interest rates:

• $101 to $9,999.99     0.50% APY
• $10,000 to $19,999.99         0.75% APY
• $20,000 and above     1.00% APY

You can start earning this best savings account rate when you open an account, the minimum deposit is $25 to open an account. You are required to an average daily balance of at least $101 or more to earn these best interest rates. The earnings of this money in the bank deal are compounded and paid every quarter.

This best savings account also allows you to make up to 6 withdrawals or transfers per statement cycle. You can make withdrawals by requesting a check. You can also get cash using your ATM card. The credit union also allows you to use online banking for free including bill payments online. You can also review your monthly statement by subscribing to electronic bank statement. Please note that the interest rate may change when account is opened, so I suggest that you ask the credit union first for their most current savings account rate.

Membership with Houston Chronicle Employees Federal Credit Union is open anyone who is associated with multiple groups related with manufacturing. Family members are also eligible to join. For detailed information about their membership eligibility you may call their member service center at 713-362-7089 or 713-220-7365.

You need to visit the credit unions office to apply for membership. Houston Chronicle Employees Credit Union is located in 801 Texas Avenue, Houston, Texas. Please bring identifying documents like driver’s license, social security card, or state issued ID. You also need to xerox those ID’s since the credit union will be requesting for a copy. Lastly, bring a check or cash which will be used to fund your new share savings account.

Houston Chronicle Employees Federal Credit Union started providing financial services to its members on November 13, 1967. They are also federally chartered and supervised by the National Credit Union Association and your deposits are insured up to $250,000. The credit union has an NCUA charter number 18424.