1.60% APY high interest savings account with TwinStar Credit Union

December 17th, 2010 Jonathan Chamberlain Leave a comment Go to comments

Twin Star Credit Union offers a good scheme for those who want to save. They offer a high yield savings account called Planned Savings which practically helps one to save for vacations, holidays, birthdays, anniversaries, and other future spending. The current interest rate for this savings account is 1.60% APY.

The planned savings account with the credit union allows the account holder to set a goal for the savings account and also set the deadline for the goal. The credit union then will determine who much should be saved every month in line with your goal. If you are able to stick to your planned savings, they will reward you with the high interest rates. The earnings of the savings account will be transferred to your elected account with TwinStar.

The Planned Savings account has a rate higher by 1.5% to 2.00% compared to the regular or prime savings account offered by the union. The earnings are accrued on a daily basis and credited every month.

Another important to take note of is that the minimum term for this savings account is six months while the maximum is 36 months. The maximum deposit you can do per month is $500 per member.

Membership to the credit union is open for individuals who work, or live in the counties of King, Kitsap, Kittitas, Wahkiakum, Pacific, Cowlitz, Mason, Snohomish, Whatcom, Pierce, Clark, Grays Harbor, Lewis, and Thurston in Washington.

They operate branches in the cities of Olympia, Onalaska, Ocean Shores, Tacoma, and Vancouver. You can contact them through 1800-258-3115

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