Saturday, 28 November 2020

Wings Financial Credit Union Review of Checking, Savings, CD, Money Market, and IRA Rates

Wings Financial Credit Union Review of Checking, Savings, CD, Money Market, and IRA Rates
31 Aug
7:52

Wings Financial Credit Union’s Most Popular Accounts

APY

Account Type

Account Name

Compare Rates from Similar Accounts

0.15%

Savings

Wings Financial Credit Union Share Savings

1.85%

Goldman Sachs Bank USA High-yield Online Savings Account

on Goldman Sachs Bank USA’s secure website

1.66%

CD Rates

Wings Financial Credit Union 1 Year Dividend Paid Quarterly Certificate

2.50%

Ally Bank High Yield 12-Month CD

on Ally Bank’s secure website

1.91%

CD Rates

Wings Financial Credit Union 3 Year Dividend Paid Quarterly Certificate

2.70%

Synchrony Bank 36 Month CD

on Synchrony Bank’s secure website

2.98%

CD Rates

Wings Financial Credit Union 5 Year Dividend Paid Quarterly Certificate

3.00%

Goldman Sachs Bank USA High-yield 5 Year CD

on Goldman Sachs Bank USA’s secure website

Wings Financial Credit Union’s checking account options

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How Wings Financial Credit Union’s checking account compares

While Wings Financial Credit Union’s checking account might be a nice option if you are local to the credit union’s hub in Minnesota or other locations, it’s not going to be the best option in terms of interest rate when compared to the best online checking accounts. Higher interest rates can be found elsewhere, and most of those alternatives require a similar low or no balance minimum to Wings Financial Credit Union.

Wings Financial Credit Union’s savings account options

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How Wings Financial Credit Union’s savings accounts compare

In terms of interest rate alone, when compared to the best online savings accounts, the High-Yield Savings account at Wings Financial Credit Union is really the only account to consider — and only if the account holder’s balance would be high enough to reach the Tier 2 interest rate. The other savings account at the credit union provide a much lower interest rate.

So, if there is a child who is interested in learning to save, the Jr. JetSavers is worth checking out for the fun prizes, which could be just the incentive a child needs.

Wings Financial Credit Union’s CD rates

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How Wings Financial Credit Union’s CD rates compare

When comparing the Wings Financial Credit Union CD products to the best CD rates, a few of the Wings Financial Credit Union products should be considered. The interest rates offered on the 5 Year Step-Up Certificate along with the regular certificates in terms of four or five years are comparable with the best rates. The promotional CD is as well.

Wings Financial Credit Union’s money market account options

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How Wings Financial Credit Union’s money market accounts compare

While the Wings Financial Credit Union money market accounts pay a higher interest than the credit union’s savings accounts, the money market’s interest rates do not compare with the best money market rates.

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Holly Hammersmith

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Source: https://www.magnifymoney.com/blog/reviews/wings-financial-credit-union/

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