Harris County Federal Credit Union continues to push for their high yield savings account under share savings. The credit union has the following current interest rate for their savings account:

• $100 to $4,999                 0.50% APY
• $5,000 to $24,999            0.75% APY
• $25,000 to $99,999          1.01% APY
• $100,000 and above         1.26% APY

In order to earn this high interest savings account you need to make an initial deposit of at least $5 to open an account. You must maintain an average daily balance of $100 or higher to earn these best interest rates. The earnings of this money in the bank deal are compounded and paid every month.

The credit union limits you up to 6 withdrawals or transfers per statement cycle and these can be made through pre-authorized transfers, check, over the phone, or automatic transfer. A fee may be charge for every transaction you make when you exceed the limit.

You can take advantage of some of the great features that this best savings account offers like easy access to you account using online banking with bill pay, and view your monthly statement electronically. If you want to receive your paper statements it will be sent to you every quarter. Your account is insured of up to $250,000 by the National Credit Union Association.

Membership with Harris County Federal Credit Union is open to anyone who reside, attend school, work, attend church in zip codes of 77026, 77023, 77020, 77011, 77006, 77004, 77003, and 77002. Immediately family and household members are also eligible to join the credit union’s membership.

It appears that a branch visit is required in order to apply for membership and open an account. You will be required to bring valid picture ID which includes Texas Department of Motor Vehicle ID, Driver’s License, or Harris County Employee ID. Harris County Federal Credit Union is headquartered in Houston, Texas. You may call the credit union’s office if you have question or concern with regard to their membership eligibility or current savings account rate at 713755-5160.

Harris County Federal Credit Union has been opened since 1951. Currently, they have reached over 14,491 members with $123 million in declared assets. The credit union has an NCUA charter number 7552.