Are you a resident of Texas who is on the market for a new banking experience? How would you like to take advantage of a 1.00% APY rate from Southern Federal Credit Union? If so, all you would have to do is sign up and open a new Share Savings Account. To fully qualify, be sure to deposit at least $25,000 into your new account. Once you have met the deposit requirement, you will receive a generous rate as well as a wide selection of features to better your banking experience. If you would like to simplify your experience, then definitely head on over to your local branch and start today! However, you better act fast, as the rates are subjected to change.
Eligibility: To join, simply open a savings account with $50 or more to begin enjoying all the benefits of being a Southern Federal Credit Union member. If you would like to learn more about membership qualifications, be sure to contact your local representative.
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Southern Federal Credit Union Account Summary:
- Apply Now
- Account Type: Share Savings Account
- Rate: 1.00% APY
- Availability: TX (branch locator)
- Expiration Date: None
- Soft/Hard Pull: Soft Pull or Hard Pull? Let us know!
- Direct Deposit Requirement: No
- Additional Requirements: None
- Avoid Monthly Fee: None
- Early Termination Fee: None
Southern Federal Credit Union Account Features:
- Online banking
- Online bill pay
- Telephone banking
- eStatements
- NCUA insured
Southern Federal Credit Union Fine Print:
- Minimum opening balance regular checking is $50.00.
- Rates subject to change without notice.
- If you close any checking account before dividends are paid, you will not receive the accrued dividends.
- Fees could reduce the earnings on these accounts.
- Balance tier determines the daily dividend rate and annual percentage yield on the average daily account balance.
- Dividends are paid on a monthly basis.
Conclusion:
If you are a current resident of Texas and would like to start a new banking experience, then I would definitely recommend checking out the current promotion Southern Federal Credit Union is offering. For a limited time, simply meet the opening deposit requirement and you could be well on your way to enjoying the rate. Additionally, you will be able to utilize a host of account features. However, this account is limited geographically. If you qualify, this might be quite worthwhile. However, if you are not currently interested, be sure to check out our list of best savings rates for all your saving needs!
