Finding a great savings account rate is extremely difficult with many banks just barely offering a 2% APY. However, at First Entertainment Credit Union for the first $500 dollar deposit you can earn 7% APY on their First500 Savings offer. To open the account, credit union members must have an initial deposit amount of $5.00.
This offer only applies to members who already have a checking account with the credit union. As well as, receiving only e-statements - meaning that they've discontinued receiving paper statements.
To qualify for membership with this credit union you can access their website's how to become a member.
For more information on the First500 Savings deal at First Entertainment Credit Union - contacting the credit union is suggested as rates are subject to change without notice.