New York Banking Rates

Regular Savings Account Deal of the Day: 1.50% APY from University Settlement Federal Credit Union

Many financial institutions are offering interest rates on their savings accounts that may seem too good to be true. Most times, that is because they are. These banks and credit unions have started offering highly competitive savings account rates to customers or members, only for depositors to later find out the deal was not exactly as advertised. Either the rate only applied to the small portion of the balance, or the rate is changed just a month after funding the savings account.

For members of University Settlement Federal Credit Union, there is no need to worry about the old bait and switch. That is because the credit union is offering a solid 1.50% APY on their Regular Savings account, which is a rate that can be maintained for a long time to come. Only an institution as financially sound as University Settlement Federal Credit Union can operate with this type of security and assurance.

Savings Terms and Conditions

The Regular Savings account through University Settlement Federal Credit Union offers a rate of 1.50% APY. The minimum balance to open the account is $12 and it does require a $3 one-time fee at time of opening. The minimum balance needed to be maintained in the account in order to receive dividends is $25. Rates are subject to change without notice.

About University Settlement Federal Credit Union

University Settlement Federal Credit Union is the key financial resource for the University Settlement and The Door employees. Located on site at the Settlement and The Door, it provides for the banking needs of not only their employees, but also their families and participants. It does so by offering a vast array of savings plans and loans, as well as excellent customer service, that helps its members meet and exceed their financial goals. University Settlement Federal Credit Union is headquartered in New York City and currently has over 200 members.

See more of today’s best savings account rates.

Other Terms and Conditions may apply. Additionally, interest rates are based on the institution’s online published rates and 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.