Local 804 Federal Credit Union is pushing for this high interest savings account under their share savings offering. This money in the bank deal is tiered and has the following current interest rates:

• $5 to $999                   0.250% APY
• $1,000 to $9,999          0.476% APY
• $10,000 to 99,999        1.405% APY
• $100,000 and above     2.871% APY

You can earn this high interest savings account rates when you make an initial deposit of $5 to open an account. You must also maintain a balance of $5 and above in order to earn this best interest rate and at the same time not forfeit your membership with the credit union. Please remember that the current interest rates listed above are subject to change anytime without prior notice. You may call the credit union to ask for the most current savings account rates.

This high yield savings account allows you to make withdrawals or transfers for up to 6 times per statement cycle. You could process your withdrawals or transfers online, over the phone, pre-authorized, or check. The dividends of your savings account are paid every month.

Membership with Local 804 Federal Credit Union is open employees and members of Local 804 IBT. Family members like your spouse, children, parents, siblings, grandparents, grandchildren, and household members are also eligible to become members of the credit union.

Interested individual who want to become a member may visit the credit union’s office. Local 804 Federal Credit Union is headquartered in Long Island City, New York. Complete their application form and open a share savings account. Do not forget to bring a copy of your valid picture identification since the credit union will request for it. You may call the credit union’s office if you still have questions about their membership eligibility or current savings account rate thru 718-786-4205.

Local 804 Federal Credit Union was federally chartered in 1978. The credit union is insured with the National Credit Union Association and has a charter number 23144.