American First Credit Union is offering residents nationwide a 3.90% APY + up to $1500 bonus when you open a Money Market Deposit Account.
Update 1/15/26: The rate has decreased to 3.90% APY from 4.00%. You can currently earn up to $1500 bonus through 2/1/26!
- Start earning more with Raisin — including up to a $1,500 cash bonus. Open an account using code HEADSTART by February 1 and make a qualifying deposit. Valid for new customers only.
- Select a savings offer and sign up: Choose and fund at least one high-yield savings account or CD on the Raisin platform to get started. Be sure to enter bonus code HEADSTART during sign-up to be eligible for a cash bonus.
- Deposit funds: The more you save, the more you can earn. Make a qualifying deposit(s) within 14 days of opening your account to set your bonus tier.
- Deposit $10,000 – $24,499, earns a $70 cash bonus
- Deposit $25,000 – $49,999 earns a $175 cash bonus
- Deposit $50,000 – $99,999 earns a $350 cash bonus
- Deposit $100,000 – $199,999 earns a $750 cash bonus
- Deposit $200,000 or more earns a $1,500 cash bonus
- Maintain your deposit(s): Maintain your deposit(s) for 90 days from your first deposit date to earn your bonus.
Terms:
- New customers only. Earn a cash bonus when you deposit and maintain funds with partner banks on the Raisin platform. Customers will receive $70 for depositing between $10,000 and $24,499, $175 for depositing between $25,000 and $49,999, $350 for depositing between $50,000 and $99,999, and $750 for depositing between $100,000 and $199,999, and $1,500 for depositing $200,000 or more. To qualify for the bonus, your first deposit must be initiated between January 15, 2026, and February 1, 2026, by 11:59 PM ET, and the promo HEADSTART must be entered at the time of sign-up. Only funds deposited within 14 days of the initial deposit date and maintained with partner banks on the Raisin platform for 90 days will be eligible for this bonus. Bonus cash will be credited directly to your Cash Account within 30 of meeting all qualifying terms. This offer is available to new customers only and may not be combined with any other bonus offers. Raisin may modify or end this offer at any time and may withhold or revoke bonuses in cases of fraud, abuse, or violation of these terms or Raisin’s Terms of Service.
American First Credit Union Money Market Deposit Review
American First Credit Union has a legacy going back 70 years as a not-for-profit financial institution that, at its founding, was dedicated to supporting grocery store workers. American First Credit Union has since undergone waves of change over the years, keeping its heritage in mind while charting a path toward modernization and growth. Today the Southern California-based credit union has expanded its reach while offering the latest in digital banking solutions. Now savers across America have access to American First Credit Union saving products.
I’ll review the American First Credit Union Money Market Deposit account below.
American First Credit Union Money Market Deposit Rate
To easily earn American First Credit Union’s competitive rate, start by opening a High-yield Money Market Deposit Account (MMDA).
- Eligible account: Money Market Deposit Account
- Credit inquiry: Hard Pull or Soft Pull? Let us know
- Where it’s available: Nationwide
- Opening Deposit: $1
- Monthly fee: None
- Early Termination Fee: Not listed
(NCUA Insured)
How to Earn Rate
- Open a new account with a minimum opening deposit of $1.
- Fill out your personal information – Provide your name, address, phone, email and social security number or Tax ID.
- Fund the account/transfer funds – Transfer funds electronically from an internal account here or an external account at another bank.
- Start earning interest from Day 1 of your first deposit with no limit on how much you can earn.
| Balance Requirement | APY Rate |
| $0.01+ | 3.90% APY |
Account Features
- Federally insured by NCUA. No fees. $1 minimum to open.
- 24/7 online access to funds.
Conclusion
Building a savings during this time in day has gained a lot of importance. Build your savings and emergency fund with this account offering a high, competitive rate.
Let us know about your experience with this bank and comment below.
In addition to the rate, check out our list of best rates Savings, Money Market, and CD accounts.
If you are interested in expanding your financial future, definitely use our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.
