Saturday, 28 November 2020

Self-Help Credit Union Review: Checking, Savings, CD, Money Market and IRA Accounts

Self-Help Credit Union Review: Checking, Savings, CD, Money Market and IRA Accounts
21 Oct
3:10

Self-Help Credit Union’s Most Popular Accounts

APY

Account Type

Account Name

Compare Rates from Similar Accounts

0.25%

Savings

Self-Help Credit Union Savings Account

2.15%

CIT Bank Savings Builder

LEARN MORE Secured

on CIT Bank’s secure website

Member FDIC

1.87%

CD Rates

Self-Help Credit Union 12 Month CD

2.55%

Goldman Sachs Bank USA High-yield 12 Month CD

on Goldman Sachs Bank USA’s secure website

Member FDIC

2.38%

CD Rates

Self-Help Credit Union 36 Month CD

2.85%

Synchrony Bank 36 Month CD

on Synchrony Bank’s secure website

Member FDIC

2.63%

CD Rates

Self-Help Credit Union 60 Month CD

3.00%

American Express National Bank 60 Month CD

on American Express National Bank’s secure website

Member FDIC

Self-Help Credit Union checking account option

magnifying glass

How Self-Help Credit Union’s checking account compares

As we state in our roundup of the best online checking accounts, the greatest picks are those with no monthly fees and a decent interest rate. While it’s possible to waive the fee on this account, the requirements might be limiting for some people. And while this account does earn interest, the rate falls well below many of these better options.

Self-Help Credit Union’s savings account options

magnifying glass

How Self-Help Credit Union’s savings accounts compare

While Self-Help Credit Union’s savings account rates aren’t the highest compared with the best savings accounts out there, we can appreciate that they have no monthly fees or other hassles, and that the special savings accounts allow you to earn interest on money you’re socking away for occasions like the holidays. Still, we wouldn’t seek out Self-Help Credit Union specifically for a general savings account and advise that you hunt around for the best rate and better perks.

Self-Help Credit Union certificate rates

magnifying glass

How Self-Help Credit Union’s CD rates compare

Although the lower opening deposit requirement might appeal to some people, these rates really don’t compare with the best CDs available. We say consider some of the more competitive offerings on our best CDs list.

Self-Help Credit Union’s money market account option

magnifying glass

How Self-Help Credit Union’s money market account compares

Self-Help Credit Union’s money market account is more than decent — it even made our list of the best money market rates available. Although it falls on the lower end of that roster, its lower minimum deposit requirement could still be a draw for many people.

Self-Help Credit Union IRAs

magnifying glass

How Self-Help Credit Union’s IRA CD rates compare

There’s no way around it: Self-Help Credit Union’s IRA CD rates are much lower than some of the best IRA CD rates out there. Even others with the same low deposit requirement still offer much better rates. We’d advise you to research other accounts to make sure you truly get the most out of your retirement savings.

Advertiser Disclosure: The products that appear on this site may be from companies from which MagnifyMoney receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). MagnifyMoney does not include all financial institutions or all products offered available in the marketplace.

Emilia Benton

TAGS:

Recommended by

This Cash Back Number May Surprise You

This Cash Back Number May Surprise You

Best Travel Credit Cards With No Annual Fee

Best Travel Credit Cards With No Annual Fee

Getting Approved For 1 Of These Credit Cards Means You Have Excellent Credit

Getting Approved For 1 Of These Credit Cards Means You Have Excellent Credit

2 Credit Cards Charging 0% Interest until 2019

2 Credit Cards Charging 0% Interest until 2019

Source: https://www.magnifymoney.com/blog/reviews/self-help-credit-union/

« »

Szemere

Related Articles