1.10% APY high yield savings account with Worker Credit Union
Worker Credit Union is pushing for the high interest savings account called cuSave Online Savings. The credit union lets you earn an interest rate of 1.10% APY when you open an account.
All you need to do to take advantage of this high yield savings account is to visit the credit union’s website and complete the application form. You are also required to deposit a minimum of $500 to open an account. You also need to maintain a minimum daily balance of $50 to earn this best savings account rate.
The earnings of this money in the bank deal is compounded daily and paid on a monthly basis. Some features that they provide are free internet banking with online bill payment, and free electronic bank statement. The credit union also allows you to make unlimited ATM withdrawals.
As guided by law you are only allowed to make up to 6 transfers or withdrawals to another credit union or to third party by means of telephone order, online transfer, automatic, pre-authorized or instruction to the teller per statement cycle. In case you exceed the limitations, the credit union may automatically close your account. Please be reminded also that the current interest rate provided by the credit union is subject to change anytime without prior notice.
Membership with Worker Credit Union is open to individual who works for companies based in Massachusetts or individual who lives in the state of New Hampshire or Massachusetts. Members who have relatives that wants to be a part of the credit union are also eligible to join.
You will be required to complete the membership application online and open a Share Savings account with a minimum deposit of $25 to open. You also have an option to call customer service first if you have questions with regards to field of membership and current savings account rate thru 800-221-4020.
The credit union has branches located in the cities of Townsend, Orange, Lunenburg, Leominster, Lancaster, Groton, Gardner, Fitchburg, Chelmsford and Acton in the state of Massachusetts.
Worker Credit Union was established in 1914 and is federally insured by NCUA with charter number 66479.
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