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Checking and savings accounts offer high interest rates with no or low fees.
Balances over $5,000 earnAPY as of Sept. 30, 2024.
Quorum HighQ Savingsaccounts earnAPY on any balance.
With aHighMarq Savingsaccount, you’ve got the option to earnAPY with a minimum balance of $10,000.
There are no fees for savings accounts as long as you receive electronic statements.
Like all credit unions, you must qualify for membership to open an account and enjoy these benefits.
This is known as a Select Employee Group affiliation.
Products
Quorum Federal Credit Union offers a wide range of banking products.
These include deposit accounts, such as three different kinds of checking accounts, savings accounts and term accounts.
It also provides loans, including home mortgages, equity loans, student loans and credit cards.
However, you’re able to contact Quorum by online chat, email, phone or snail mail.
The personal finance education resources are extensive, covering a wide variety of topics.
The basic checking account at Navy Federal Credit Union pays interest, but its justAPY.
PenFed also offers savings, share accounts (similar to bank CDs), loans and credit cards.
If you are, youll need to provide your name, address, email address and social security number.
Final Take
Earning interest on a checking account is a rare thing, but earningis rarer still.
FAQ
Rates are subject to change; unless otherwise noted, rates are updated periodically.
All other information on accounts is accurate as of Sept. 30, 2024.
