High Yield Savings Account with a 7.50% APY!
Well it officially looks like the highest yielding savings account may have just been discovered by BankVibe reader Kirk over the weekend. Apparently Peoples Community Federal Credit Union out of Vancouver, Washington is offering their customers a high yield savings account with an interest rate of roughly 7.50%. However, if you’re looking to invest a large sum of money, you may want to hold back your excitement because this savings rate only applies to balances up to $750.00.
Peoples Community Federal Credit Union also offers it’s customers an extremely lucrative 4.0% interest checking account for balances up to $50k if all terms and conditions are met (see below).
Like most credit unions this one has a very exclusive eligibility checklist. Unless you reside in the southwestern counties of Washington State (from Tacoma down to Portland) you will most likely not be eligible. The only possible loophole would be if you have a family member residing in those counties.
High Interest Checking and High Yield Savings
Rates are subject to change without notification. Earn 4.0% APY on “Loyalty Checking Account” for balances up to $50,000. Terms and conditions must be met or interest rate drops to 0.25% APY.
ATM reimbursements (up to $100 per month)
All savings/checking accounts through PCFC are federally insured by the NCUA.
