The University of Pennsylvania Students Federal Credit Union is delighted to present our newest product: the Premier Money Market Account, designed especially for both new customers and university alumni. Structured similarly to a savings account, a money market account is a safe method to grow money quickly with better interest rates.
The UPenn SFCU is a not-for-profit financial institution that has been running for over thirty years. SFCU is owned by its members and is designed to provide high quality financial services at low cost. We are chartered, insured, and examined by the federal government through the National Credit Union Administration (NCUA). All members' funds are insured up to $250,000.00.
Silver Tier: 1.30% APY
Gold Tier: 1.90% APY
To open a Premier Money Market Account, you will require a minimum initial balance of $20,000. After opening your account, there is no monthly maintenance fee as long as you maintain your account balance above $10,000. The returns on our Premier Money Market Account allows for maximized earnings. Come into the SFCU office and speak to a Member Services Representative to get started!