Patelco Credit Union High Yield Rates

Patelco Credit Union has been dedicatedly supporting its member’s financial needs and ensures their economical well being. It also believes in improving and sustaining its local communities by serving the communities. Some of its outreach categories are charitable donations, in-kind donations, scholarships, financial literacy, intern program, volunteer support etc. It has also partnered with various small credit unions to provide the required resources for serving their members better.

It has established various branches in different cities of California and Illinois. You can also access your Patelco’s Accounts from ATMs, through Online Banking and its shared branches as well. You can open a Money Market Account with Patelco Credit Union and save in a smart way for your future financial needs.

You can earn competitive dividend rates without locking into a fixed rate or fixed period of time. A maximum of six withdrawals are allowed per month. There are various types of account options under the Money Market Account.

Money Market Account
With a minimum balance of $1,000 you can earn a dividend rate of 1.55% with an APY of 1.56%. The dividends are paid monthly.

Money Market IRA
With a minimum balance of $250 you can earn a dividend rate of 2.96% with an APY of 3.00%. Balances below $1000 will not earn interest. The dividends are paid monthly.

Money Market Plus Account & Money Market Plus IRA
With a minimum balance of $25,000 you can earn a dividend rate of 3.54% with an APY of 3.60%.
With a minimum balance of $50,000 you can earn a dividend rate of 4.40% with an APY of 4.49%.
With a minimum balance of $1,000 you can earn a dividend rate of 4.40% with an APY of 4.49%.
The dividends are paid monthly. Balances below $25,000 will not earn interest.

All the above rates are effective as on January 3, 2008 and may change without notice. Your savings insured to at least $100,000 by National Credit Union Administration (NCUA), a U.S. Government Agency. You may open your Money Market Savings Account today by becoming a valuable member of Patelco Credit Union.