Electrical Workers Local 58 Credit Union Savings & Money Market Rates

How Electrical Workers Local 58 Credit Union’s savings rates compare

Compared with banks and credit unions near Detroit, MI, where Electrical Workers Local 58 Credit Union has the most branches. $10,000, best rate first.

This credit union’s best
Electrical Workers Local 58 Credit Union
0.05%APY
Requires
None
Minimum
$25
Earns on $10,000 a year
$5
Share Accounts
Top rate
Ignite Credit Union
5.00%APY
Requires
Monthly account activity
Minimum
$0
Earns on $10,000 a year
$500
Ignite Credit Union rates
2nd-highest rate
Flagstar Bank
4.00%APY
Requires
None
Minimum
$1
Earns on $10,000 a year
$400
Flagstar Bank rates

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Savings score

Higher than 6% of U.S. banks and credit unions

By balance

$1,000 balance$1,0000.05%
$10,000 balance$10,0000.05%
$100,000 balance$100,0000.10%
QualifiedQualified0.05%

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.

How the score works →

Where Electrical Workers Local 58 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.

Share Accounts

0.05%APY$25 to open

May be started with as little as $25. Minimum 1 share ($25.00 par value) required for membership. Accounts over $99.99 earn dividends per webpage schedule ($100.00 minimum balance to earn the stated APY per disclosure). Dividends calculated daily (average daily balance method) and paid/credited quarterly. Once a balance tier range is met, the rate applies to the full balance.

Earnings on $10,000 over a year.
Balance	APY	Earns on $10,000 a yearEarns	Requirement
Up to $2,500Tier A ($99.99 - $2,499.99). Disclosure lists $100.00 to $2,499.99.	0.05%	—	Tier A ($99.99 - $2,499.99). Disclosure lists $100.00 to $2,499.99.
$2,500 – $25,000Tier B ($2,500.00 - 24,999.99)	0.05%	$5	Tier B ($2,500.00 - 24,999.99)
$25,000 – $100,000Tier C ($25,000.00 - $99,999.99)	0.08%	—	Tier C ($25,000.00 - $99,999.99)
$100,000 – $1,000,000Tier D ($100,000.00 - $999,999.99)	0.10%	—	Tier D ($100,000.00 - $999,999.99)
$1,000,000 and upTier E ($1,000,000.00 AND Greater)	1.00%	—	Tier E ($1,000,000.00 AND Greater)

Sources (2)

All captured Oct 16, 2026

Special-purpose accounts

Holiday Savings Club

0.15%APYClub

Deposit as much or as little as you like. Withdrawals/transfers are only available between October - December of the current year. Accounts over $99.99 earn a dividend according to webpage schedule. Dividends calculated daily and paid quarterly. Note: Truth-in-Savings Disclosure (effective 01/01/2026) lists 0.10% APY for $100.00+.

Earnings on $10,000 over a year.
BalanceRequirement	APY	Earns on $10,000 a yearEarns	Requirement
$100 and upTier A ($99.99 AND greater). Disclosed as 0.15% APY on the October 15, 2026 website rate schedule; Truth-in-Savings disclosure dated 01/01/2026 lists $100.00+ / 0.10% APY.$100 and up	0.15%	$15	Tier A ($99.99 AND greater). Disclosed as 0.15% APY on the October 15, 2026 website rate schedule; Truth-in-Savings disclosure dated 01/01/2026 lists $100.00+ / 0.10% APY.

Sources (2)

All captured Oct 16, 2026

Who can join Electrical Workers Local 58 Credit Union

This may be incomplete or out of date, so check with the credit union before you apply.

Family and household

Immediate family members (including spouse, children, brothers, sisters, and parents) of members are eligible for membership.

Membership information collected October 5, 2026.

Check membership requirements ↗Branches and institution details

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