Landmark Credit Union Savings Account offers a competitive interest rate of 2.50% APY, which is significantly higher than the national average. This means you can earn more interest on your savings over time.
With no minimum balance requirement, you can open an account with any amount you like and start earning interest right away. Plus, you can easily manage your account online or through the mobile app.
By keeping your savings in a high-yield account like Landmark Credit Union's, you can grow your savings faster and reach your financial goals sooner.
Benefits of Share Accounts
Having a share account at Landmark Credit Union is a great way to start saving. To become a member, you only need to deposit $25.00 into the prime share account.
Your shares are insured by the National Credit Union Administration, giving you peace of mind that your money is safe up to $250,000.
The share account compounds interest daily, which means your money grows faster over time.
High-Yield Savings Options
If you're looking for a high-yield savings option, consider the Landmark Credit Union's High-Yield Savings Account, which earns a competitive 2.50% APY.
This rate is significantly higher than the national average of 0.06% APY, making it a great option for those looking to grow their savings.
Landmark Credit Union's High-Yield Savings Account has no monthly maintenance fees, making it a low-maintenance option for savers.
Additionally, the account has a low minimum balance requirement of just $100, making it accessible to a wide range of savers.
With a high-yield savings account, you can earn a higher interest rate on your savings compared to a traditional savings account.
The interest is compounded daily, meaning you'll earn interest on your interest, which can help your savings grow even faster.
Landmark Credit Union's High-Yield Savings Account also allows for easy access to your money when you need it, with online banking and mobile banking apps available.
Frequently Asked Questions
Which bank gives 7% interest on savings accounts?
Unfortunately, no banks currently offer 7% APY on savings accounts. However, you may find credit unions offering higher rates on checking accounts, so be sure to review terms and conditions carefully.
How do I get 7.50% up to $500 at Landmark Credit Union?
To earn 7.50% APY on balances up to $500 at Landmark Credit Union, enroll in eDocuments and set up a direct deposit of at least $250 per month. This will unlock the Premium Checking benefits.
Where can I get 5% interest on my savings account?
You can earn 5% interest on your savings account with LendingClub LevelUp Savings, Poppy Bank Premier Online Savings Account, Ivy Bank High-Yield Savings Account, or Varo Bank High-Yield Savings Account. Consider exploring these options for a higher return on your savings.
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