Credit union · NCUA insured
ElecTel Cooperative Federal Credit Union Savings Rates
Top CarrotElecTel Cooperative Federal Credit Union’s best savings rate is 2.70% APY on $10,000, with its Money Market. Rates checked October 22, 2026.
How ElecTel Cooperative Federal Credit Union’s savings rates compare
Compared with banks and credit unions near Raleigh, NC, where ElecTel Cooperative Federal Credit Union has the most branches. $10,000, best rate first.
This credit union’s best
ElecTel Cooperative Federal Credit Union
2.70%APY
- Requires
- None
- Minimum
- —
- Earns on $10,000 a year
- $270
Money Market
Top rate
Langley Credit Union
3.75%APY
- Requires
- None
- Minimum
- $0
- Earns on $10,000 a year
- $375
2nd-highest rate
Coastal Credit Union
3.25%APY
- Requires
- Monthly account activity
- Minimum
- $25
- Earns on $10,000 a year
- $325
ElecTel Cooperative Federal Credit Union savings score
89
Savings score
Higher than 90% of U.S. banks and credit unions
- $1,000 balance$1,0002.70%
- $10,000 balance$10,0002.70%
- $100,000 balance$100,0003.10%
- QualifiedQualified2.70%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where ElecTel Cooperative Federal Credit Union ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the credit union’s website. Earnings assume the rate doesn’t change.
Money Market
2.70%APY
$500.00 minimum daily balance to earn interest; no minimum balance to maintain account. Dividends compounded daily and posted monthly.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $500 – $15,000$500.00 minimum daily balance to earn interest; no minimum balance to maintain account. Dividends compounded daily and posted monthly. | 2.70% | $270 | $500.00 minimum daily balance to earn interest; no minimum balance to maintain account. Dividends compounded daily and posted monthly. |
| $15,000 – $50,000$500.00 minimum daily balance to earn interest; no minimum balance to maintain account. Dividends compounded daily and posted monthly. | 3.00% | — | $500.00 minimum daily balance to earn interest; no minimum balance to maintain account. Dividends compounded daily and posted monthly. |
| $50,000 – $150,000$500.00 minimum daily balance to earn interest; no minimum balance to maintain account. Dividends compounded daily and posted monthly. | 3.10% | — | $500.00 minimum daily balance to earn interest; no minimum balance to maintain account. Dividends compounded daily and posted monthly. |
| $150,000 and up$500.00 minimum daily balance to earn interest; no minimum balance to maintain account. Dividends compounded daily and posted monthly. | 2.90% | — | $500.00 minimum daily balance to earn interest; no minimum balance to maintain account. Dividends compounded daily and posted monthly. |
Sources (2)
All captured Sep 19, 2026
Regular Savings
0.50%APY
$1.00 minimum to open and maintain. Dividends compounded daily and posted monthly.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $1 and up$1.00 minimum. Dividends compounded daily and posted monthly.$1 and up | 0.50% | $50 | $1.00 minimum. Dividends compounded daily and posted monthly. |
Sources (1)
- electel.org/accounts/money-market-account · captured Sep 24, 2026
Special Savings
0.50%APY
$10.00 minimum to open and maintain. Dividends compounded daily and posted monthly.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $10 and up$10.00 minimum. Dividends compounded daily and posted monthly.$10 and up | 0.50% | $50 | $10.00 minimum. Dividends compounded daily and posted monthly. |
Sources (1)
- electel.org/accounts/money-market-account · captured Sep 24, 2026
Special-purpose accounts
IRA Money Market
2.27%APY
Applicable for both Roth and Traditional IRA Money Market Deposits. $500.00 minimum daily balance to earn interest; no minimum balance to maintain account. Dividends compounded daily and posted monthly.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $500 and upTerms listed are applicable for both Roth and Traditional IRA Money Market Deposits. $500.00 minimum daily balance to earn interest; no minimum balance to maintain account. Dividends compounded daily and posted monthly.$500 and up | 2.27% | $227 | Terms listed are applicable for both Roth and Traditional IRA Money Market Deposits. $500.00 minimum daily balance to earn interest; no minimum balance to maintain account. Dividends compounded daily and posted monthly. |
Sources (1)
- electel.org/accounts/current-rates · captured Sep 19, 2026
HSA
2.27%APY
$0 minimum. Dividends compounded daily and posted monthly.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balance$0 minimum. Dividends compounded daily and posted monthly.Any balance | 2.27% | $227 | $0 minimum. Dividends compounded daily and posted monthly. |
Sources (1)
- electel.org/accounts/money-market-account · captured Sep 24, 2026
Christmas Club
0.50%APY
$10.00 minimum to open and maintain. Dividends compounded daily and posted monthly.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $10 and up$10.00 minimum. Dividends compounded daily and posted monthly.$10 and up | 0.50% | $50 | $10.00 minimum. Dividends compounded daily and posted monthly. |
Sources (1)
- electel.org/accounts/money-market-account · captured Sep 24, 2026
IRA Savings
0.50%APY
$10.00 minimum. Applicable for both Roth and Traditional IRA Savings. Dividends compounded daily and posted monthly.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $10 and upApplicable for both Roth and Traditional IRA Savings. $10.00 minimum. Dividends compounded daily and posted monthly.$10 and up | 0.50% | $50 | Applicable for both Roth and Traditional IRA Savings. $10.00 minimum. Dividends compounded daily and posted monthly. |
Sources (1)
- electel.org/accounts/money-market-account · captured Sep 24, 2026
Who can join ElecTel Cooperative Federal Credit Union
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Employees, officers, and directors of specified electric and telephone cooperatives in North Carolina and Virginia are eligible for membership.
Family and household
- Immediate family members (spouse, child, sibling, parent, grandparent, grandchild, stepparents, stepchildren, stepsiblings, and adoptive relationships) of employees, officers, and directors of specified cooperatives are eligible for membership.
- Members of the immediate family or household of consumers/members of specified cooperatives are eligible for membership.
Other ways
- Consumers and members of specified electric and telephone cooperatives are eligible for membership.
Membership information collected October 4, 2026.