Available for residents Nationwide, Xceed Financial Credit Union Xclusive Money Market is offering 2.00% APY. Continue reading below to learn everything you need to know about Xceed Financial Credit Union and this account.
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Xceed Financial Credit Union Money Market Review
Xceed Financial is a full-service financial institution, they are a member-owned and operated Credit Union. They have nearly $1 billion in assets under management and is based in El Segundo, California. They serve more than 60,000 members nationwide through Financial Centers in multiple states, an 80,000-location ATM network, and industry-leading online and mobile banking platforms.
In addition to the rate from this bank, check out our list of best rates Savings, Money Market, and CD accounts.
Eligibility: Membership in Xceed Financial Federal Credit Union is open to anyone through the Friends of the Webster Public Library ($10 fee), Heal the Bay ($25 membership fee), Buffalo Zoo ($45 fee), or Seneca Park Zoo ($55 fee). Employees and retirees of Xerox and its subsidiaries, OfficeMax, and nearly 400 other SEGs qualify to join. Membership is also open to residents of Carrollton, Dallas, Farmers Branch, Irving, and Lewisville, Texas; Greater Rochester, New York; Rosemont, Illinois; San Jose, California; and St. Petersburg, Florida. See current membership details |
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.
I’ll review Xceed Financial Credit Union Money Market below.
Xceed Financial Credit Union Money Market Rate
To earn Xceed FCU money market rate, you must have a minimum balance of $50,000. To actually open the account, you will need $25,000.
- What you’ll get: 2.00% APY
- Eligible account: Xclusive Money Market
- Credit inquiry: Unknown
- Where it’s available: Nationwide (Bank Locator)
- Opening Deposit: $25,000 minimum
- Monthly fee: None
- Early Termination Fee: None listed, check with CSR
(NCUA Insured)
How to Earn Xceed FCU Rate
- Open a Xclusive Money Market account with $25,000 as the opening deposit
- Input your info – Provide your name, address, phone, email and social security number or Tax ID
- To earn the 2.00% APY you must fund the account with $50,000 or more
Balance Requirement | APY Rate |
$0.01 – $24,999.99 | 0.25% APY |
$25,000 – $49,999.99 | 1.50% APY |
$50,000+ | 2.00% APY |
Xceed FCU Account Features
- NCUA Insured
- Free online banking with bill pay, mobile banking, eStatments
- Free debit card
- Tiered structure rewards higher balances with greater rates
- Interest compounded and credited monthly
Conclusion
In conclusion, Xceed Federal Credit Union is offering a rate of 2.00% APY when you open an Xclusive Money Market Account with account balances of $50,000 or more. This might be a bit high for some, however if you can meet this requirement, the account may be worth while since there is no balance cap.
Let us know about your experience with this bank and comment below.
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