Pennsylvania

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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.

PA - October 30, 2020

Savings Account National Average Rate: 0.12% ?

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Credit Unions APY Vs.
Nat'l
Av.
MIN Miles?
Cacl
Restrictions
0.85% 7.08x $25,000 - Learn More
Citadel
Restrictions
0.80% 6.67x $10,000 - Learn More
0.75% 6.25x $2,500 - Learn More
Visions
Restrictions
0.65% 5.42x $10,000 - Learn More
Riverfront
Restrictions
0.63% 5.25x $25,000 - Learn More
Riverfront
Restrictions
0.60% 5.00x $10,000 - Learn More
American Heritage
Restrictions
0.60% 5.00x $10,000 - Learn More
Eagle One
Restrictions
0.55% 4.59x $25,000 - Learn More
0.55% 4.58x $2,500 - Learn More
Cacl
Restrictions
0.55% 4.58x $2,500 - Learn More
Police & Fire
Restrictions
0.51% 4.25x $2,500 - Learn More
Eagle One
Restrictions
0.50% 4.18x $10,000 - Learn More
0.50% 4.17x $25,000 - Learn More
Frick Tri-county
Restrictions
0.50% 4.17x $25,000 - Learn More
0.45% 3.75x $10,000 - Learn More
0.45% 3.75x $10,000 - Learn More
0.40% 3.33x $1 - Learn More
Visions
Restrictions
0.40% 3.33x $2,500 - Learn More
Philadelphia
Restrictions
0.40% 3.33x $25,000 - Learn More
Frick Tri-county
Restrictions
0.40% 3.33x $2,500 - Learn More
0.40% 3.33x $10,000 - Learn More
Spirit Financial
Restrictions
0.40% 3.33x $10,000 - Learn More
Eagle One
Restrictions
0.35% 2.93x $2,500 - Learn More
0.35% 2.92x $500 - Learn More
Visions
Restrictions
0.35% 2.92x $2,500 - Learn More
Grove City Area
Restrictions
0.35% 2.92x $2,500 - Learn More
Service 1st
Restrictions
0.35% 2.92x $25,000 - Learn More
0.35% 2.92x $2,500 - Learn More
Corning
Restrictions
0.35% 2.92x $25,000 - Learn More
Hidden River
Restrictions
0.35% 2.92x $25,000 - Learn More
0.35% 2.92x $25,000 - Learn More
Freedom
Restrictions
0.30% 2.50x $10,000 - Learn More
Erie
Restrictions
0.30% 2.50x $25,000 - Learn More
Tendto
Restrictions
0.30% 2.50x $25,000 - Learn More
Galaxy
Restrictions
0.30% 2.50x $2,500 - Learn More
Philadelphia
Restrictions
0.30% 2.50x $10,000 - Learn More
Sru
Restrictions
0.30% 2.50x $10,000 - Learn More
Heritage Valley
Restrictions
0.30% 2.50x $25,000 - Learn More
Citadel
Restrictions
0.30% 2.50x $25,000 - Learn More
Hidden River
Restrictions
0.30% 2.50x $10,000 - Learn More
Sun
Restrictions
0.30% 2.50x $25,000 - Learn More
American Heritage
Restrictions
0.30% 2.50x $25,000 - Learn More
Genisys
Restrictions
0.30% 2.50x $25,000 - Learn More
0.30% 2.50x $25,000 - Learn More
0.30% 2.50x $10,000 - Learn More
0.30% 2.50x $2,500 - Learn More
Forge
Restrictions
0.30% 2.50x $2,500 - Learn More
Fedchoice
Restrictions
0.30% 2.50x $10,000 - Learn More
Star Usa
Restrictions
0.25% 2.08x $50,000 - Learn More
Lebanon
Restrictions
0.25% 2.08x $2,500 - Learn More
0.25% 2.08x $5 - Learn More
Service 1st
Restrictions
0.25% 2.08x $2,500 - Learn More
0.25% 2.08x $2,500 - Learn More
0.25% 2.08x $25,000 - Learn More
0.25% 2.08x $10,000 - Learn More
Chrome
Restrictions
0.25% 2.08x $10,000 - Learn More
Frick Tri-county
Restrictions
0.25% 2.08x $2,500 - Learn More
The United
Restrictions
0.25% 2.08x $25,000 - Learn More
Everence
Restrictions
0.25% 2.08x $25,000 - Learn More
0.25% 2.08x $10,000 - Learn More
0.25% 2.08x $25,000 - Learn More
Corning
Restrictions
0.25% 2.08x $2,500 - Learn More
0.25% 2.08x $25,000 - Learn More
Xceed Financial
Restrictions
0.25% 2.08x $10,000 - Learn More
Sun
Restrictions
0.25% 2.08x $25,000 - Learn More
Franklin Mint
Restrictions
0.25% 2.08x $25,000 - Learn More
Viriva Community
Restrictions
0.25% 2.08x $25,000 - Learn More
Apci
Restrictions
0.25% 2.08x $2,500 - Learn More
0.25% 2.08x $10,000 - Learn More
Inspire
Restrictions
0.25% 2.08x $25,000 - Learn More
Tendto
Restrictions
0.24% 2.00x $10,000 - Learn More
Reliance
Restrictions
0.22% 1.83x $25,000 - Learn More
Edu
Restrictions
0.20% 1.67x $0 - Learn More
Hershey
Restrictions
0.20% 1.67x $25,000 - Learn More
Erie
Restrictions
0.20% 1.67x $10,000 - Learn More
Tendto
Restrictions
0.20% 1.67x $2,500 - Learn More
Guthrie
Restrictions
0.20% 1.67x $10,000 - Learn More
Ingersoll-rand
Restrictions
0.20% 1.67x $25,000 - Learn More
0.20% 1.67x $25,000 - Learn More
Penn East
Restrictions
0.20% 1.67x $10,000 - Learn More
Grove City Area
Restrictions
0.20% 1.67x $2,500 - Learn More
0.20% 1.67x $2,500 - Learn More
Palco Fcu
Restrictions
0.20% 1.67x $2,500 - Learn More
0.20% 1.67x $2,500 - Learn More
Net
Restrictions
0.20% 1.67x $25,000 - Learn More
Sru
Restrictions
0.20% 1.67x $2,500 - Learn More
0.20% 1.67x $2,500 - Learn More
Allentown
Restrictions
0.20% 1.67x $2,500 - Learn More
People First
Restrictions
0.20% 1.67x $25,000 - Learn More
The United
Restrictions
0.20% 1.67x $2,500 - Learn More
0.20% 1.67x $10,000 - Learn More
Patriot
Restrictions
0.20% 1.67x $25,000 - Learn More
0.20% 1.67x $2,500 - Learn More
0.20% 1.67x $10,000 - Learn More
Xceed Financial
Restrictions
0.20% 1.67x $2,500 - Learn More
Parda
Restrictions
0.20% 1.67x $25,000 - Learn More
Citadel
Restrictions
0.20% 1.67x $2,500 - Learn More
Hidden River
Restrictions
0.20% 1.67x $2,500 - Learn More
Sun
Restrictions
0.20% 1.67x $10,000 - Learn More
Franklin Mint
Restrictions
0.20% 1.67x $2,500 - Learn More
American Heritage
Restrictions
0.20% 1.67x $2,500 - Learn More
Genisys
Restrictions
0.20% 1.67x $2,500 - Learn More
0.20% 1.67x $2,500 - Learn More
0.20% 1.67x $2,500 - Learn More
Viriva Community
Restrictions
0.20% 1.67x $10,000 - Learn More
0.20% 1.67x $2,500 - Learn More
0.20% 1.67x $2,500 - Learn More
Inspire
Restrictions
0.20% 1.67x $10,000 - Learn More
Reliance
Restrictions
0.19% 1.58x $10,000 - Learn More
0.18% 1.50x $10,000 - Learn More
Reliance
Restrictions
0.17% 1.42x $2,500 - Learn More
Star Usa
Restrictions
0.15% 1.25x $2,500 - Learn More
Hershey
Restrictions
0.15% 1.25x $2,500 - Learn More
Freedom
Restrictions
0.15% 1.25x $1 - Learn More
Widget
Restrictions
0.15% 1.25x $25,000 - Learn More
First Heritage
Restrictions
0.15% 1.25x $2,500 - Learn More
Guthrie
Restrictions
0.15% 1.25x $2,500 - Learn More
Ingersoll-rand
Restrictions
0.15% 1.25x $2,500 - Learn More
0.15% 1.25x $10,000 - Learn More
Horizon
Restrictions
0.15% 1.25x $2,500 - Learn More
Clarion
Restrictions
0.15% 1.25x $2,500 - Learn More
0.15% 1.25x $2,500 - Learn More
Palco Fcu
Restrictions
0.15% 1.25x $25,000 - Learn More
Service 1st
Restrictions
0.15% 1.25x $2,500 - Learn More
Usx
Restrictions
0.15% 1.25x $25,000 - Learn More
0.15% 1.25x $2,500 - Learn More
0.15% 1.25x $2,500 - Learn More
0.15% 1.25x $2,500 - Learn More
People First
Restrictions
0.15% 1.25x $2,500 - Learn More
Century Heritage
Restrictions
0.15% 1.25x $25,000 - Learn More
Chrome
Restrictions
0.15% 1.25x $2,500 - Learn More
Bayer Heritage
Restrictions
0.15% 1.25x $2,500 - Learn More
Ussco Johnstown
Restrictions
0.15% 1.25x $2,500 - Learn More
The United
Restrictions
0.15% 1.25x $2,500 - Learn More
Everence
Restrictions
0.15% 1.25x $10,000 - Learn More
0.15% 1.25x $2,500 - Learn More
Americhoice
Restrictions
0.15% 1.25x $25,000 - Learn More
0.15% 1.25x $2,500 - Learn More
Patriot
Restrictions
0.15% 1.25x $2,500 - Learn More
0.15% 1.25x $2,500 - Learn More
Corning
Restrictions
0.15% 1.25x $2,500 - Learn More
0.15% 1.25x $2,500 - Learn More
First Capital
Restrictions
0.15% 1.25x $2,500 - Learn More
Heritage Valley
Restrictions
0.15% 1.25x $2,500 - Learn More
Parda
Restrictions
0.15% 1.25x $10,000 - Learn More
Campbell
Restrictions
0.15% 1.25x $2,500 - Learn More
Cacl
Restrictions
0.15% 1.25x $2,500 - Learn More
Riverfront
Restrictions
0.15% 1.25x $2,500 - Learn More
Bellco
Restrictions
0.15% 1.25x $2,500 - Learn More
Discovery
Restrictions
0.15% 1.25x $25,000 - Learn More
Sun
Restrictions
0.15% 1.25x $2,500 - Learn More
0.15% 1.25x $25,000 - Learn More
Genisys
Restrictions
0.15% 1.25x $2,500 - Learn More
0.15% 1.25x $2,500 - Learn More
0.15% 1.25x $2,500 - Learn More
Viriva Community
Restrictions
0.15% 1.25x $2,500 - Learn More
0.15% 1.25x $2,500 - Learn More
Forge
Restrictions
0.15% 1.25x $2,500 - Learn More
0.15% 1.25x $2,500 - Learn More
0.15% 1.25x $2,500 - Learn More
Clearview
Restrictions
0.14% 1.17x $25,000 - Learn More
0.13% 1.04x $2,500 - Learn More
Clearview
Restrictions
0.12% 1.00x $10,000 - Learn More
Diamond
Restrictions
0.12% 1.00x $10,000 - Learn More
American Heritage
Restrictions
0.11% 0.92x $2,500 - Learn More
Star Usa
Restrictions
0.10% 0.83x $10 - Learn More
Hershey
Restrictions
0.10% 0.83x $2,500 - Learn More
Erie
Restrictions
0.10% 0.83x $2,500 - Learn More
Widget
Restrictions
0.10% 0.83x $2,500 - Learn More
Tendto
Restrictions
0.10% 0.83x $2,500 - Learn More
First Heritage
Restrictions
0.10% 0.83x $2,500 - Learn More
0.10% 0.83x $2,500 - Learn More
Palco Fcu
Restrictions
0.10% 0.83x $2,500 - Learn More
South Jersey
Restrictions
0.10% 0.83x $2,500 - Learn More
0.10% 0.83x $2,500 - Learn More
Philadelphia
Restrictions
0.10% 0.83x $2,500 - Learn More
Pentagon
Restrictions
0.10% 0.83x $10,000 - Learn More
Net
Restrictions
0.10% 0.83x $2,500 - Learn More
Clearview
Restrictions
0.10% 0.83x $2,500 - Learn More
Usx
Restrictions
0.10% 0.83x $2,500 - Learn More
0.10% 0.83x $2,500 - Learn More
0.10% 0.83x $2,500 - Learn More
Century Heritage
Restrictions
0.10% 0.83x $2,500 - Learn More
Chrome
Restrictions
0.10% 0.83x $2,500 - Learn More
Merho
Restrictions
0.10% 0.83x $2,500 - Learn More
Everence
Restrictions
0.10% 0.83x $2,500 - Learn More
Americhoice
Restrictions
0.10% 0.83x $2,500 - Learn More
Members 1st
Restrictions
0.10% 0.83x $2,500 - Learn More
0.10% 0.83x $2,500 - Learn More
Patriot
Restrictions
0.10% 0.83x $2,500 - Learn More
0.10% 0.83x $2,500 - Learn More
First Capital
Restrictions
0.10% 0.83x $2,500 - Learn More
Heritage Valley
Restrictions
0.10% 0.83x $2,500 - Learn More
White Rose
Restrictions
0.10% 0.83x $2,500 - Learn More
Parda
Restrictions
0.10% 0.83x $2,500 - Learn More
Eagle One
Restrictions
0.10% 0.83x $2,500 - Learn More
Lanco
Restrictions
0.10% 0.83x $2,500 - Learn More
Hidden River
Restrictions
0.10% 0.83x $2,500 - Learn More
Riverfront
Restrictions
0.10% 0.83x $2,500 - Learn More
Discovery
Restrictions
0.10% 0.83x $2,500 - Learn More
Sun
Restrictions
0.10% 0.83x $2,500 - Learn More
Diamond
Restrictions
0.10% 0.83x $2,500 - Learn More
Benchmark
Restrictions
0.10% 0.83x $2,500 - Learn More
Reliance
Restrictions
0.10% 0.83x $2,500 - Learn More
Trumark Financial
Restrictions
0.10% 0.83x $2,500 - Learn More
Franklin Mint
Restrictions
0.10% 0.83x $2,500 - Learn More
Sun East
Restrictions
0.10% 0.83x $2,500 - Learn More
0.10% 0.83x $25,000 - Learn More
Tri County Area
Restrictions
0.10% 0.83x $2,500 - Learn More
Norristown Bell
Restrictions
0.10% 0.83x $2,500 - Learn More
0.10% 0.83x $2,500 - Learn More
Police & Fire
Restrictions
0.10% 0.83x $2,500 - Learn More
0.10% 0.83x $2,500 - Learn More
Viriva Community
Restrictions
0.10% 0.83x $2,500 - Learn More
Ardent
Restrictions
0.10% 0.83x $2,500 - Learn More
Gold
Restrictions
0.10% 0.83x $2,500 - Learn More
0.10% 0.83x $2,500 - Learn More
Fedchoice
Restrictions
0.10% 0.83x $2,500 - Learn More
Star Usa
Restrictions
0.05% 0.42x $5 - Learn More
Lebanon
Restrictions
0.05% 0.42x $2,500 - Learn More
Century Heritage
Restrictions
0.05% 0.42x $10 - Learn More
Guthrie
Restrictions
0.05% 0.42x $2,500 - Learn More
0.05% 0.42x $2,500 - Learn More
Penn East
Restrictions
0.05% 0.42x $2,500 - Learn More
Horizon
Restrictions
0.05% 0.42x $2,500 - Learn More
0.05% 0.42x $2,500 - Learn More
0.05% 0.42x $2,500 - Learn More
Pentagon
Restrictions
0.05% 0.42x $2,500 - Learn More
Net
Restrictions
0.05% 0.42x $2,500 - Learn More
People First
Restrictions
0.05% 0.42x $2,500 - Learn More
Irco Community
Restrictions
0.05% 0.42x $2,500 - Learn More
Everence
Restrictions
0.05% 0.42x $2,500 - Learn More
Xceed Financial
Restrictions
0.05% 0.42x $2,500 - Learn More
White Rose
Restrictions
0.05% 0.42x $2,500 - Learn More
Parda
Restrictions
0.05% 0.42x $2,500 - Learn More
Citadel
Restrictions
0.05% 0.42x $2,500 - Learn More
Discovery
Restrictions
0.05% 0.42x $2,500 - Learn More
Benchmark
Restrictions
0.05% 0.42x $2,500 - Learn More
0.05% 0.42x $2,500 - Learn More
Tri County Area
Restrictions
0.05% 0.42x $2,500 - Learn More
0.05% 0.42x $2,500 - Learn More
Ardent
Restrictions
0.05% 0.42x $2,500 - Learn More
0.05% 0.42x $2,500 - Learn More
Inspire
Restrictions
0.05% 0.42x $2,500 - Learn More
Spirit Financial
Restrictions
0.05% 0.42x $2,500 - Learn More
Fedchoice
Restrictions
0.05% 0.42x $2,500 - Learn More
0.05% 0.42x $2,500 - Learn More
0.05% 0.42x $2,500 - Learn More
Sun East
Restrictions
0.04% 0.33x $2,500 - Learn More
Cross Valley
Restrictions
0.03% 0.25x $2,500 - Learn More
0.03% 0.25x $2,500 - Learn More
Ufcw Community
Restrictions
0.02% 0.17x $2,500 - Learn More
Spe
Restrictions
0.02% 0.17x $2,500 - Learn More
Edu
Restrictions
0.01% 0.08x $1 - Learn More
Widget
Restrictions
0.01% 0.08x $2,500 - Learn More
Cross Valley
Restrictions
0.01% 0.08x $2,500 - Learn More
Penn State
Restrictions
0.01% 0.08x $2,500 - Learn More
0.01% 0.08x $2,500 - Learn More
Lanco
Restrictions
0.01% 0.08x $2,500 - Learn More
Bellco
Restrictions
0.01% 0.08x $2,500 - Learn More
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

Find out how much extra money you can earn by moving your bank money into an account that pays more.