High Yield Savings Account with Earnings of 3.20% APY at First Trade Union Bank
The high yield interest savings account can be opened with a minimum of $2500. The balance needs to be at least $10 to enjoy the offered APY with 0.50% APY for balances of $10 through under $2500. The promo APY can be earned with deposits above $2500. These rates are effective as of February 23 as posted on the rates table of the bank.
The bank imposes a monthly service charge of $2.50 for accounts that have daily balances of below $250. The interest rate are credited and compounded on a monthly basis.
Online applications can be accomplished by interested individuals through the website of First Trade Union Bank.
Other perks that come with the High and Mighty Savings are free online banking, automatic transfers can be set up from the First Trade checking account, and easy to understand account statements. Account holders can also opt for the free electronic statement.
It will be best to contact the customer hotline of the bank to inquire about any fees which may apply to the services linked to this high interest rate savings account.
The First Trade Union has great reviews from bankrate.com and BauerFinancial which issued 4 stars and 5 stars, respectively. The bank is insured with the FDIC with certificate # 32551.
