Thought I would pull this together all in one place. Here is a list of Credit Unions that offer a ridiculously high APY on a portion of your savings account. I posted in credit cards because we've seen several CU's initiate a realy nice card and, at the same time, button up the abillity to join whether through policy change or by enforcing an existing policy that they had been lax about previously. These savings rates offer an incentive to join the CU now, even if they don't have a credit card you're interested in. If they come out with one later, you'll already be a member. This is savings acounts only and none of them listed require any crazy activity (debit swipes, high balances, multiple or high ACH/DD per month, etc). As people add to the thread, I will add to the original post with Additional CU's or DP's for the listed CU's. Most of these also offer a free FICO Score:
- Affinity FCU 2% on first $2500 (1.00% on next $2500)[This rate was higher before COVID-19 Fed Rate Cut and will likely go higher when the Fed raises the prime rate]
- Blue Credit Union 5% APY on first $1000 (.10% after)
- BECU 2.02% APY on first $500 (.02% after)[This rate was higher before COVID-19 Fed Rate Cut and will likely go higher when the Fed raises the prime rate]
- Credit Union of New Jersey 7.5% on first $500 (0.05% after to $10k)
- DCU 6.17% APY savings up to $1,000 (0.25% after)
- Meriwest CU 2.5% APY on first $5k, 1.5% APY on next $5k
- Oregon Community Credit Union has their "Ignite" savings account - 5.25% APY on the first $500, 2.96% up to $2500 (3.45% blended on $2500 balance), 1% up to 5k (2.23% on blended 5k balance), and a couple more tiers after that.
- Patelco Credit Union 2% on first $2000 (1.00% on next $3k)[This rate was higher before COVID-19 Fed Rate Cut and will likely go higher when the Fed raises the prime rate]
- Premier Members Credit Union 2% on first $2000 (0.5% on next $3k) [This rate was higher before COVID-19 Fed Rate Cut and will likely go higher when the Fed raises the prime rate]
- Redstone FCU 2.00% APY savings up to $2,500 (0.10% after) [This rate was higher before COVID-19 Fed Rate Cut and will likely go higher when the Fed raises the prime rate]
- Service CU 5% APY on first $500 (0.25% after)[also has a holiday club account that is 3% APY for the first $3k]
- St. Mary's Bank CU 5% APY on first $500, 3% APY on next $500, (0.05% after) [Risk department does not like you setting up multiple accounts for ACH transfers. They closed my accounts for this stating I was a "High Risk" for Identity Theft.]
- Tampa Bay Federal CU 3.5% on first $1k with a $500 min (0.10% after)
- USAlliance Financial 2% on first $500 (0.02% after)[This rate was higher before COVID-19 Fed Rate Cut and will likely go higher when the Fed raises the prime rate]
