E.R.R.L. Federal Credit Union keeps the process of building a savings fund simple, doable and beneficial. Their savings account rate allows members to earn dividends at a 1.00% APY interest rate, helping depositors in Wyndmoor, PA keep motivated toward accomplishing their financial goals. Savings accounts are a great deposit account to use when saving up for an upcoming purchase, like a laptop for your family’s college student or just to grow an emergency cushion to ease the blow of an unforeseen circumstance.
Savings Account Rate Terms and Conditions
Members of E.R.R.L. Federal Credit Union must provide an initial minimum deposit of $25 to open a savings account. This deposit thus classifies members as a shareholder of the financial institution. Additionally, a $1 membership fee is also due to obtain membership into the credit union. There is no minimum balance required to earn dividends, however, balances are capped at $25,000 for this savings account rate.
About E.R.R.L. Federal Credit Union
E.R.R.L. Federal Credit Union was once called, Eastern Regional Research Laboratory when it first went into operation in 1942. As a non-profit financial institution, they sought to relieve their members of burdensome financial dealings, and instead, provide a convenient place to store funds and borrow funds in a safe community. The credit union is operated by its own members in Wyndmoor, PA who generously volunteer their time and collaborative efforts to ensure the greater membership has affordable loan options and high deposit rates available.
Other Terms and Conditions may apply. Additionally, rates may have changed since this offer was posted. Please contact the financial institution for the most recent rate updates and to review the terms of the offer.
