Wymar Federal Credit Union is pushing for their high yield savings account organized in 3 tiers and it has the following interest rates:

$25 to $9,999.99                0.50% APY
$10,000 to $24,999.99    0.75% APY
$25,000 and above             1.00% APY

The credit union requires you to make an initial deposit of $5 to open a Regular Share Savings account. Although you must at least have a daily balance of $25 to start earning their best savings account rate. The earnings of this savings account is paid on a quarterly basis.

You can also manage your savings account through internet banking. Take note that the current interest rates listed above is subject to change anytime without prior notice.

If you are not yet a member of Wymar Federal Credit Union, you must be a retiree or employee of BASF Corporation in Geismar, Louisiana. Relative of employees of the credit union and existing members are also eligible to join.

It seems that you will have to drop by the office of the credit union to apply. Please remember to bring your social security number, driver’s license, and other government issued ID. You also need to bring cash, money order, or check for an amount of $5 to open your share savings account. If you still have questions with regards to the field of membership or current interest rates you may call customer service thru 877-944-4636.

Wymar Federal Credit Union has been operating and serving its members since 1958. They currently have over $68 million in declared assets. They are also a member of the National Credit Union Association with charter number 12330.