Workers’ Credit Union headquartered in Fitchburg, Massachusetts is offering a high interest savings account called CuSave Online Savings. This best savings account lets you earn an interest rate of 1.00% APY. You just need to make an intial deposit of $500 to open an account. The minimum average daily balance that you need to maintain in your account to earn this best interest rate is $50.

The dividend of this high yield savings account is compounded daily and credited monthly. The credit union limits you up to 6 withdrawals or transfers per month. There will be a $5 fee for every transaction you make when you exceed the limit. The credit union allows you to manage your savings account by using their free online banking. You can even take advantage of their free bill pay and electronic bank statement.

Another high interest savings account that Workers’ Credit Union is offering is their Students Savings. This money in the bank deal lets you earn an interest rate of 1.01% APY. You will be required to deposit a minimum of $25 to open an account. You must maintain an average daily balance of $25 or more to earn the disclosed interest rate.

The same with their other savings account, this Students Savings interest is compounded daily and credited on to your account monthly. You are also allowed to make transfers or withdrawal with a limit of 6 times per cycle. Take note that the interest rates provided by the credit union are subject to change anytime without notice.

Membership with Workers’ Credit Union is open to individuals who live or work in the state of New Hampshire or Massachusetts. Relatives of existing members are also eligible to join. You can begin your membership by simply completing the online application. You will be asked to provide the following information like name, current complete address, current telephone number,and social security number. You will also be ask to submit a copy of your driver’s license or other state issued ID. You are required to open a share savings account which will need a minimum deposit of $25 as part of the membership requirements.

For students who want to become a member and open a Students Savings account, you will be required to visit the credit union’s office to apply. To get detailed information about their field of membership, requirements, and current savings account rate you may call customer service line at 800-221-4020.

Workers’ Credit Union has been providing financial assistance to its members since 1914. They have already grown to have over 67,543 members with over $794 million in declared assets. The credit union is also registered under the National Credit Union Association charter number 66479.