New York Banking Rates

Savings Account Deal of the Day: International Airline Employees Federal Credit Union at 0.85% APY

Opening a savings account is a fantastic way to set money aside and watch it grow thanks to interest that accrues on the account. Of course, in order to see true growth, it’s important to find a financial institution that offers a higher-than-average savings rate.

International Airline Employees Federal Credit Union is an establishment that believes in offering its members impressive savings account rates. Currently, the institution provides a very competitive 0.85% APY.

Savings Account Terms and Conditions

The savings account rate offered by International Airline Employees Federal Credit Union is available with the institution’s Share Savings Account. Getting started is fast and easy, only requiring a $5 minimum opening deposit. Once opened, depositors don’t have to worry about monthly fees, however, the rate is only available on average balances of $5,001-$50,000.

About International Airline Employees Federal Credit Union

International Airline Employees Federal Credit Union was established in 1961 when individuals working for Scandinavian Airlines pooled $5 a piece. Their combined investment helped create a well-established, full-service financial cooperative that currently serves thousands of members across the country.

Credit union membership is open to employees and retirees of a number of airlines, including Air France, Austrian Airlines, Ethiopian Airlines, KLM, SS Brussels and Turkish Airlines. Members’ deposits are safe with International Airline Employees Federal Credit Union thanks to the NCUA, which federally insures accounts for up to $250,000.

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.