1.61% APY money in the bank deal for best savings interes rates with Waialua Federal Credit Union

Waialua Federal Credit Union invites those who want to make most of the best interest rates for their high yield savings accoun that has a current yield fo 1.61% APY. The website does not provide a lot of details for this high interest savings account.

According to the interest rate page of this credit union, the savings interest rate may change every quarter depending on market conditions and decisions of their Board of Directors. Take note too that the interest rate may change even after opening your account so it advisable to monitor the numbers.

If you are not yet a member of Waialua FCU, you may be qualified to join if you live, study, work, or attend church in areas that have the zipcodes 96791 thru 96712 which practically is from Ka’ena Point to the area of Crawford’s Home. This credit union has been known to offer good interest rates for their savings account in the past years.

Members of this credit union may also avail of the following benefits: accidental death insurance, free notary service, free transaction with American Express Traveler’s Cheques, very affordable money orders, inexpensive wire services, basic photocopy services at their offices, and movie theater ticket discounts.

Account holders need not worry about their money since this federal credit union has been in business since 1937 and your savings account is insured with the National Credit Union Association for a max of $250K per account. You can also set up deposits via ACH or from your payroll to avoid the hassles of going to their office but specifics about these services are not detailed on their website.

Waialua Federal Credit Union also does not allow electronic withdrawals. Though this maybe convenient to some, this is one way to protect their members from unauthorized electronic funds withdrawals and from online theft.

This credit union is based in the wonderful island of Hawaii specifically at Goodale Avenue in Waialua just by the Old Sugar Mill near the Post Office and Library. We are assuming this is a local savings account deal but in case you want to contact them, you can call them through 808-637-6737 or 808-637-5980.

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Posted on 5th June 2011 by Randell in High Interest Savings Accounts

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