Pennsylvania

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You are viewing savings rates in Lancaster, Pennsylvania

Lancaster, Pennsylvania Credit Union Savings Rates 2020

Credit Unions can offer savings and money market rates that are competitive not only with local banks, but also sometimes with the best rates at online savings banks. The table below lists the best rates at credit unions near you. If you click on the credit union’s name, you’ll be taken to more information about its locations and operations.

Lancaster, PA - January 28, 2020

Savings Account National Average Rate: 0.18% ?

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Credit UnionS APY Vs.
Nat'l
Av.
MIN Miles?
Citadel
Restrictions
1.80% 10.00x $10,000 4873.65
Everence
Restrictions
1.75% 9.72x $1 4896.25
Eagle One
Restrictions
1.31% 7.26x $25,000 4846.34
Everence
Restrictions
1.30% 7.22x $5,000 4896.25
Eagle One
Restrictions
1.26% 6.98x $10,000 4846.34
Police & Fire
Restrictions
1.25% 6.94x $2,500 4846.43
Eagle One
Restrictions
1.11% 6.14x $1,000 4846.34
Cacl
Restrictions
1.04% 5.78x $20,000 4921.20
Hidden River
Restrictions
1.00% 5.56x $25,000 4922.04
Riverfront
Restrictions
0.94% 5.22x $25,001 4896.53
0.90% 5.00x $25,000 4854.55
Palco Fcu
Restrictions
0.90% 5.00x $20,001 4969.39
American Heritage
Restrictions
0.90% 5.00x $25,000 4846.38
Frick Tri-county
Restrictions
0.90% 5.00x $20,000 5045.84
Visions
Restrictions
0.90% 5.00x $10,000 4973.37
0.85% 4.72x $10,000 4854.55
Hidden River
Restrictions
0.85% 4.72x $10,000 4922.04
Widget
Restrictions
0.80% 4.44x $25,000 5145.55
0.80% 4.44x $2,500 4854.55
Fedchoice
Restrictions
0.80% 4.44x $1,500 4847.66
Palco Fcu
Restrictions
0.80% 4.44x $2,000 4969.39
Cacl
Restrictions
0.80% 4.44x $2,000 4921.20
Frick Tri-county
Restrictions
0.80% 4.44x $2,000 5045.84
0.75% 4.17x $25,000 4931.48
American Heritage
Restrictions
0.75% 4.17x $2,000 4846.38
Riverfront
Restrictions
0.75% 4.17x $10,001 4896.53
Philadelphia
Restrictions
0.75% 4.17x $25,000 4943.03
Discovery
Restrictions
0.75% 4.17x $25,001 4898.61
Forge
Restrictions
0.70% 3.89x $2,000 4851.69
0.70% 3.89x $2,500 4931.48
Century Heritage
Restrictions
0.70% 3.89x $25,000 5072.32
Philadelphia
Restrictions
0.70% 3.89x $10,000 4943.03
Sru
Restrictions
0.70% 3.89x $10,000 5104.50
Visions
Restrictions
0.65% 3.61x $1 4973.37
Americhoice
Restrictions
0.65% 3.61x $25,001 4935.05
Hidden River
Restrictions
0.65% 3.61x $2,500 4922.04
Widget
Restrictions
0.60% 3.33x $1 5145.55
Usx
Restrictions
0.60% 3.33x $25,000 5092.25
Sun East
Restrictions
0.60% 3.33x $25,000 4854.51
0.60% 3.33x $25,000 4954.62
Visions
Restrictions
0.60% 3.33x $1 4973.37
Lebanon
Restrictions
0.60% 3.33x $2,500 4916.76
Guthrie
Restrictions
0.60% 3.33x $20,000 4986.18
0.60% 3.33x $25,000 4975.61
Fedchoice
Restrictions
0.55% 3.06x $1,500 4847.66
Grove City Area
Restrictions
0.55% 3.06x $2,500 5108.87
Freedom
Restrictions
0.55% 3.06x $10,000 4852.89
0.55% 3.06x $25,000 4887.35
Usx
Restrictions
0.50% 2.78x $10,000 5092.25
0.50% 2.78x $5,000 4846.70
Century Heritage
Restrictions
0.50% 2.78x $2,500 5072.32
Corning
Restrictions
0.50% 2.78x $25,000 4952.65
0.50% 2.78x $100 4897.59
Members 1st
Restrictions
0.50% 2.78x $25,000 4935.06
Philadelphia
Restrictions
0.50% 2.78x $2,500 4943.03
0.50% 2.78x $5 5069.93
Discovery
Restrictions
0.50% 2.78x $2,501 4898.61
Americhoice
Restrictions
0.50% 2.78x $10,001 4935.05
0.50% 2.78x $10,000 4859.19
Guthrie
Restrictions
0.50% 2.78x $5,000 4986.18
First Capital
Restrictions
0.50% 2.78x $15,000 4918.02
0.50% 2.78x $2,500 4867.80
0.50% 2.78x $10,000 4975.61
Genisys
Restrictions
0.50% 2.78x $25,000 4860.75
Tendto
Restrictions
0.49% 2.72x $25,000 5146.51
0.45% 2.50x $10,000 4961.84
0.45% 2.50x $2,500 4861.94
0.45% 2.50x $25,000 5077.94
Erie
Restrictions
0.45% 2.50x $5,000 5143.87
Citadel
Restrictions
0.45% 2.50x $25,000 4873.65
Galaxy
Restrictions
0.45% 2.50x $200 5107.38
0.45% 2.50x $2,000 4929.36
0.45% 2.50x $10,001 4846.83
Franklin Mint
Restrictions
0.45% 2.50x $25,000 4855.43
First Capital
Restrictions
0.45% 2.50x $5,000 4918.02
0.45% 2.50x $10,000 4887.35
0.45% 2.50x $5,000 5076.72
Genisys
Restrictions
0.45% 2.50x $10,000 4860.75
Net
Restrictions
0.40% 2.22x $25,001 4924.81
0.40% 2.22x $2,500 4849.99
Democracy
Restrictions
0.40% 2.22x $25,001 4846.23
Corning
Restrictions
0.40% 2.22x $2,500 4952.65
Tri County Area
Restrictions
0.40% 2.22x $2,500 4878.87
People First
Restrictions
0.40% 2.22x $25,000 4884.89
Philadelphia
Restrictions
0.40% 2.22x $2,000 4943.03
Horizon
Restrictions
0.40% 2.22x $1 4977.12
0.40% 2.22x $10,000 4954.62
Spirit Financial
Restrictions
0.40% 2.22x $10,000 4838.45
0.40% 2.22x $2,500 4975.61
Genisys
Restrictions
0.40% 2.22x $2,500 4860.75
Viriva Community
Restrictions
0.40% 2.22x $25,000 4853.61
Tendto
Restrictions
0.39% 2.17x $10,000 5146.51
0.35% 1.94x $2,500 4961.84
0.35% 1.94x $10,000 5077.94
Democracy
Restrictions
0.35% 1.94x $10,001 4846.23
0.35% 1.94x $25,000 4845.90
0.35% 1.94x $500 4858.39
Members 1st
Restrictions
0.35% 1.94x $2,500 4935.06
Grove City Area
Restrictions
0.35% 1.94x $100 5108.87
Service 1st
Restrictions
0.35% 1.94x $20,000 4949.38
First Capital
Restrictions
0.35% 1.94x $1,000 4918.02
0.35% 1.94x $2,500 4887.35
0.35% 1.94x $1,000 4949.68
Tendto
Restrictions
0.34% 1.89x $2,500 5146.51
Usx
Restrictions
0.30% 1.67x $1 5092.25
Democracy
Restrictions
0.30% 1.67x $1,000 4846.23
Citadel
Restrictions
0.30% 1.67x $2,500 4873.65
Clarion
Restrictions
0.30% 1.67x $25,000 5080.01
South Jersey
Restrictions
0.30% 1.67x $10,000 0.00
0.30% 1.67x $2,500 4845.90
People First
Restrictions
0.30% 1.67x $10,000 4884.89
0.30% 1.67x $25,000 4863.30
0.30% 1.67x $25,000 4885.73
0.30% 1.67x $2,500 4954.62
Americhoice
Restrictions
0.30% 1.67x $2,501 4935.05
Franklin Mint
Restrictions
0.30% 1.67x $1 4855.43
Guthrie
Restrictions
0.30% 1.67x $100 4986.18
0.30% 1.67x $5 4887.35
Trumark Financial
Restrictions
0.30% 1.67x $25,000 4845.60
Viriva Community
Restrictions
0.30% 1.67x $10,000 4853.61
0.28% 1.53x $25,000 4878.69
Forge
Restrictions
0.25% 1.39x $5 4851.69
0.25% 1.39x $50 4846.70
0.25% 1.39x $5 4854.55
Net
Restrictions
0.25% 1.39x $2,501 4924.81
0.25% 1.39x $2,500 5077.94
Star Usa
Restrictions
0.25% 1.39x $50,000 -
Bellco
Restrictions
0.25% 1.39x $2,000 4897.05
0.25% 1.39x $25,000 4931.47
0.25% 1.39x $25 4851.70
Hershey
Restrictions
0.25% 1.39x $25,000 4927.47
People First
Restrictions
0.25% 1.39x $2,500 4884.89
First Heritage
Restrictions
0.25% 1.39x $2,500 5010.58
Sru
Restrictions
0.25% 1.39x $150 5104.50
Frick Tri-county
Restrictions
0.25% 1.39x $50 5045.84
0.25% 1.39x $2,000 4859.19
The United
Restrictions
0.25% 1.39x $20,001 5046.68
Service 1st
Restrictions
0.25% 1.39x $2,500 4949.38
First Capital
Restrictions
0.25% 1.39x $2,500 4918.02
0.25% 1.39x $2,000 4878.69
Freedom
Restrictions
0.25% 1.39x $1 4852.89
0.25% 1.39x $25 4867.80
0.25% 1.39x $500 4930.89
Viriva Community
Restrictions
0.25% 1.39x $500 4853.61
0.25% 1.39x $25 4949.68
0.24% 1.33x $10,000 4885.73
Reliance
Restrictions
0.22% 1.22x $15,000 4863.62
0.21% 1.17x $2,500 4885.73
0.20% 1.11x $5 4961.84
0.20% 1.11x $10,000 4931.47
Penn East
Restrictions
0.20% 1.11x $5,000 4926.87
Palco Fcu
Restrictions
0.20% 1.11x $25 4969.39
Clarion
Restrictions
0.20% 1.11x $10,000 5080.01
South Jersey
Restrictions
0.20% 1.11x $1,500 0.00
Hershey
Restrictions
0.20% 1.11x $2,500 4927.47
0.20% 1.11x $100 4979.44
Cacl
Restrictions
0.20% 1.11x $50 4921.20
0.20% 1.11x $100 4863.30
Patriot
Restrictions
0.20% 1.11x $5 4954.62
The United
Restrictions
0.20% 1.11x $50 5046.68
0.20% 1.11x $500 4954.12
Trumark Financial
Restrictions
0.20% 1.11x $5 4845.60
Clearview
Restrictions
0.19% 1.06x $25,000 5090.34
Reliance
Restrictions
0.19% 1.06x $5,000 4863.62
Clearview
Restrictions
0.17% 0.94x $10,000 5090.34
Reliance
Restrictions
0.17% 0.94x $1,000 4863.62
Vantage Trust
Restrictions
0.15% 0.83x $10,001 4927.55
Ussco Johnstown
Restrictions
0.15% 0.83x $250 5024.57
Clearview
Restrictions
0.15% 0.83x $1,000 5090.34
0.15% 0.83x $50 4861.94
0.15% 0.83x $50 4931.48
Eagle One
Restrictions
0.15% 0.83x $100 4846.34
Star Usa
Restrictions
0.15% 0.83x $2,500 -
Erie
Restrictions
0.15% 0.83x $5 5143.87
Corning
Restrictions
0.15% 0.83x $2,500 4952.65
0.15% 0.83x $1,000 4855.38
0.15% 0.83x $2,500 4931.47
Clarion
Restrictions
0.15% 0.83x $2,500 5080.01
Benchmark
Restrictions
0.15% 0.83x $1,000 4863.01
Reliance
Restrictions
0.15% 0.83x $100 4863.62
Members 1st
Restrictions
0.15% 0.83x $50 4935.06
0.15% 0.83x $2,500 4979.44
Horizon
Restrictions
0.15% 0.83x $30 4977.12
Bayer Heritage
Restrictions
0.15% 0.83x $5 5087.47
Ingersoll-rand
Restrictions
0.15% 0.83x $2,500 4985.68
Lebanon
Restrictions
0.15% 0.83x $1,000 4916.76
0.15% 0.83x $100 4859.19
The United
Restrictions
0.15% 0.83x $2,501 5046.68
Service 1st
Restrictions
0.15% 0.83x $5 4949.38
Ardent
Restrictions
0.15% 0.83x $25,000 4847.17
Tendto
Restrictions
0.15% 0.83x $5 5146.51
Hidden River
Restrictions
0.15% 0.83x $5 4922.04
0.15% 0.83x $5 5026.04
0.15% 0.83x $5 4954.12
0.15% 0.83x $50 4930.89
Norristown Bell
Restrictions
0.15% 0.83x $1,000 4860.85
Genisys
Restrictions
0.15% 0.83x $5 4860.75
Viriva Community
Restrictions
0.15% 0.83x $2,000 4853.61
American Heritage
Restrictions
0.11% 0.61x $100 4846.38
Widget
Restrictions
0.10% 0.56x $25 5145.55
Vantage Trust
Restrictions
0.10% 0.56x $1,001 4927.55
Clearview
Restrictions
0.10% 0.56x $100 5090.34
Usx
Restrictions
0.10% 0.56x $25 5092.25
Fedchoice
Restrictions
0.10% 0.56x $50 4847.66
0.10% 0.56x $100 5077.94
Pentagon
Restrictions
0.10% 0.56x $10,000 4795.42
Star Usa
Restrictions
0.10% 0.56x $10 -
Police & Fire
Restrictions
0.10% 0.56x $1 4846.43
0.10% 0.56x $50 4931.47
Benchmark
Restrictions
0.10% 0.56x $5 4863.01
South Jersey
Restrictions
0.10% 0.56x $100 0.00
Riverfront
Restrictions
0.10% 0.56x $50 4896.53
Hershey
Restrictions
0.10% 0.56x $100 4927.47
First Heritage
Restrictions
0.10% 0.56x $100 5010.58
0.10% 0.56x $5 4885.73
Lanco
Restrictions
0.10% 0.56x $1,500 4902.26
Americhoice
Restrictions
0.10% 0.56x $5 4935.05
Franklin Mint
Restrictions
0.10% 0.56x $1 4855.43
Merho
Restrictions
0.10% 0.56x $5 5025.02
Ardent
Restrictions
0.10% 0.56x $5 4847.17
Guthrie
Restrictions
0.10% 0.56x $100 4986.18
0.10% 0.56x $25 4878.69
0.10% 0.56x $100 5076.72
Diamond
Restrictions
0.10% 0.56x $1 4877.60
Vantage Trust
Restrictions
0.05% 0.28x $5 4927.55
Net
Restrictions
0.05% 0.28x $201 4924.81
0.05% 0.28x $101 4849.99
Irco Community
Restrictions
0.05% 0.28x $5 4879.52
0.05% 0.28x $200 5087.60
Pentagon
Restrictions
0.05% 0.28x $1 4795.42
Star Usa
Restrictions
0.05% 0.28x $5 -
Century Heritage
Restrictions
0.05% 0.28x $10 5072.32
Democracy
Restrictions
0.05% 0.28x $100 4846.23
Inspire
Restrictions
0.05% 0.28x $5 4840.46
Citadel
Restrictions
0.05% 0.28x $2,500 4873.65
Bellco
Restrictions
0.05% 0.28x $25 4897.05
Penn East
Restrictions
0.05% 0.28x $1 4926.87
0.05% 0.28x $250 4845.90
0.05% 0.28x $100 4929.36
Tri County Area
Restrictions
0.05% 0.28x $1 4878.87
People First
Restrictions
0.05% 0.28x $5 4884.89
Everence
Restrictions
0.05% 0.28x $1 4896.25
Discovery
Restrictions
0.05% 0.28x $5 4898.61
0.05% 0.28x $100 4846.83
Parda
Restrictions
0.05% 0.28x $25 4905.25
Spirit Financial
Restrictions
0.05% 0.28x $250 4838.45
0.05% 0.28x $5 4975.61
Sun East
Restrictions
0.04% 0.22x $1,000 4854.51
Cross Valley
Restrictions
0.03% 0.17x $2,500 4926.18
0.03% 0.17x $100 4851.69
Spe
Restrictions
0.02% 0.11x $100 4998.56
Penn State
Restrictions
0.01% 0.06x $100 4997.72
Lanco
Restrictions
0.01% 0.06x $25 4902.26
Cross Valley
Restrictions
0.01% 0.06x $5 4926.18
All rates listed are Annual Percentage Yield (APY). The APY rate in a savings account or money market account is a variable rate that is subject to change at any point. The Min listed is the minimum deposit account balance required to obtain the rate listed.


BestCashCow strives to maintain the most accurate rates. If you believe a rate is not accurate, please let us know.

PRODUCT INFORMATION


Credit Union Savings Accounts 2020

Credit union savings accounts (also sometimes called share certificates or money market accounts) are savings vehicles that are offered by credit unions. Many Americans enjoy performing their banking transactions with credit unions as they are technically member-owned and may have branches close by. You will find a map with all credit unions that are close to you here. It is important to note that some credit unions do have limited fields of membership – you must be a resident of a certain area or have a family member who was employed by a certain company. Other credit unions will have fields of membership that are virtually open ended (eg. must love life, etc.). If you find a credit union that interests you because of a rate or a service or a location, but are unsure if you qualify for membership, it is often worth reaching out to the credit union to discuss the parameters of the field of membership and whether there may be other ways in which you may qualify for membership.

Unlike online banks and even many local banks, all but the largest credit unions often lack robust online banking features. If you are interested in online banking, be sure to ask your credit unions about the online and mobile services they offer.

To understand all of the income generating options available to a saver, please view the Income Generating Investments Comparison Chart.

NCUA Insurance

Most, but not all, credit unions listed on BestCashCow are insured by the National Credit Union Administration (NCUA). You should confirm that the credit union that you are working with is NCUA insured by visiting that institution’s BestCashCow page (NCUA coverage is detailed on the overview tab). The NCUA insures each named individual's deposits to $250,000 for all accounts at the credit union within ownership class. The rules are very similar, but not identical, to those for FDIC insurance. You should always stay within NCUA insurance limits.

BestCashCow strongly recommends that you deposit money only in NCUA insured credit unions and that you stay within insured limits. If you are considering depositing over $250,000 at a single NCUA-insured credit union across products (share certificates, time deposits, etc.) or across types of ownership (individual, joint, etc.) you should use the NCUA’s Share Insurance Toolkit in order to be sure that you are not exceeding coverage limits.

FREQUENTLY ASKED QUESTIONS ABOUT CREDIT UNIONS


Why are credit union rates sometimes better than those from local and online banks?

The core difference between banks and credit unions is true regardless of size: Credit unions are nonprofits owned by the members, while banks are for-profit organizations. Credit unions can therefore sometimes pass along their profits in the form of lower rates (or better loan terms). Banks have some flexibility when competition forces it, but have to deliver an expected return on capital to their owners.

Is customer service better at credit unions that local banks or online banks?

Credit unions have long surpassed commercial banks for customer satisfaction. But as membership grows, their lead is shrinking, at least when compared with smaller banks. It’s also worth noting that in recent years, several online-only banks have earned high marks for their customer-friendly service options and their transparent discussions of fees and rates.  You may enjoy the local interaction with a credit union, but unless you are also getting a competitive rate, you may find that you best bet is to also have an online bank where you keep most of you money.

Is there any difference between a share certificate offered by a credit union and a savings or money market account offered by a bank?

The difference is mainly one of terminology, as increasingly is the difference between savings and money market accounts. Be sure to understand how to access you account. Look for no fees so long as certain balances are maintained, easy liquidity and ability to transfer your money to your accounts at other institutions, including ACH transfers to online banks.

Do Credit Unions lack technology that banks have?

As technology becomes a larger part of our everyday lives, customers rely on the ability to bank online or through a mobile device, such as an iPhone. Although credit unions are making the effort to keep pace with new financial technologies, they are still trailing banks (especially the leading online banks) on this front. Several third party platforms for online banking and mobile banking are increasingly being adopted throughout the banking industry, and credit unions will likely begin to adopt these as well, which should narrow or remove the gap between them and banks.

Is my money any less safe?

As long as your credit union is NCUA insured and you stay within the NCUA limits, As long as your credit union is NCUA insured and you stay within the NCUA limits, your money is no less safe than it would be in an FDIC-insured bank.

Should I consider time deposits?

Time deposits are the credit union’s term for certificates of deposit, but, aside from slightly different terminology, are virtually the same product. Time deposits have less liquidity, but if you are unlikely to require access to your cash for some time, you may be able to significantly augment your rate of return and the growth of your capital. Since unforeseen circumstances do arise, it is important to understand the early withdrawal fees that may even eat into your principal, and early withdrawal is often entirely at the credit union’s discretion. BestCashCow compiles all rates of all credit unions near you. Access this information here. You should also familiarize yourself with our Savings Booster Calculator in order to understand the importance of compounding interest at higher rates on your savings over time.

5 POINT CHECKLIST OF THINGS THAT MAKE CREDIT UNIONS GREAT

  • Rates are often better than savings and CD rates at local banks. Borrowing rates are sometimes lower too.
  • Members are Owners of a nonprofit. When you open an account at a credit union, your account is actually a share and provides you voting rights. Since credit unions are run as non-profits, you aren’t going to get appreciation or dividends from your ownership. Instead, these institutions have the ultimate goal of providing their members better rates on loans and financial products. When a credit union makes a profit, it is used to provide better opportunities to the community that it serves.
  • Clerks work with you. Since credit unions are small and serve their owners, they try hard to keep them happy. Many credit unions have fans for life after a clerk stays late to complete loan documents, and giving pointers about avoiding fees.
  • Credit unions provide low-income and financially distressed individuals the chance to qualify for financing.
  • Credit unions often run special programs that enable people to save for the holidays (such as Christmas Clubs) or to help finance the cost of higher education and university.

SAVINGS & CD CALCULATOR

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