Premier Money Market Application

Premier Money Market Account Application

Please contact us if you have any questions or experience problems while completing or submitting this form:
Phone: (215) 222-2604
Email: support@upennsfcu.org

Section I: Agree to Terms and Conditions


I confirm that I would like to open a premier money market account.

I understand that the account is for new money* only:

*new money is defined as money not on deposit in any University of Pennsylvania Students Federal Credit Union account within the past six months.


I hereby agree to all the by-laws and any amendments thereof in Student Federal Credit Union and subscribed to the par value of one share ($5) in my Savings Account and $20,000 in premier money market account.

I acknowledge the receipt of the Account Disclosure Statements of the Credit Union, available at https://www.upennsfcu.org/disclosure.pdf.

I acknowledge that terms and conditions in these statements are subject to change without notice.

I certify that the information provided on this application is true and correct and that the ownership designated hereon apply to the type of account(s) noted above.

I understand that I am responsible for reviewing my monthly statements and am subject to the agreements outlined in the fee structure.

I understand that I must make a pledge deposit of $5 into my regular savings account and $20,000 in the premier money market account within 30 days of the opening of my account or a fee will be assessed.

Premier Money Market Account Annual Percentage Yields (APYs) as of 12/09/18 are;
$10,000.00-$19,999.99, 0.3%;
$20,000.00-$49,999.99, 1.35%;
$50,000.00-$249,999.99. 2.00%;
offer valid for new money to the University of Pennsylvania Students Federal Credit Union, defined as money not on deposit in any of this institution’s account within the past six months.

The minimum deposit to open an account is $20,000. Initial rate is guaranteed through December 31, 2018, after which the APY for these tiers are subject to change.

Fees could reduce earnings on the account. Offer subject to change without notice, may be withdrawn at any time.



Consent

Signature

Section 2: Applicant Information


A. General Information

Name*
First*
Middle
Last*

Are you an existing SFCU customer?*

SFCU Account Number


Non-UPenn Email Address*

How did you hear about this program?*