Credit union · NCUA insured
Essex County Teachers FCU Savings Rates
Essex County Teachers FCU’s best savings rate is 2.25% APY on $10,000, with its Money Market. Rates checked October 22, 2026.
How Essex County Teachers FCU’s savings rates compare
Compared with banks and credit unions near New York, NY-NJ, where Essex County Teachers FCU has the most branches. $10,000, best rate first.
This credit union’s best
Essex County Teachers FCU
2.25%APY
- Requires
- None
- Minimum
- —
- Earns on $10,000 a year
- $225
Money Market
Top rate
Woori America Bank
5.00%APY
- Requires
- Monthly account activity
- Minimum
- $1,000
- Earns on $10,000 a year
- $500
2nd-highest rate
HSBC USA
4.40%APY
- Requires
- Monthly account activity
- Minimum
- —
- Earns on $10,000 a year
- $440
Essex County Teachers FCU savings score
89
Savings score
Higher than 88% of U.S. banks and credit unions
- $1,000 balance$1,0000.10%
- $10,000 balance$10,0002.25%
- $100,000 balance$100,0002.75%
- QualifiedQualified2.25%
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 Essex County Teachers FCU 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
Up to 2.25%APY
Maximum 6 withdrawals per month. Interest rates are based on tiered minimum balances.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| $1 and up | 0.05% | $5 |
| Over $2,500 | 2.25% | $225 |
| Over $25,000 | 2.50% | — |
| Over $50,000 | 2.75% | — |
| Over $100,000 | 4.50% | — |
Regular Savings
0.10%APY
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| $50 and up | 0.10% | $10 |
Special-purpose accounts
Christmas Club
0.10%APY
Matures in October. Early withdrawals available.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceChristmas Club will mature on October 1. Penalty: $7.00.Any balance | 0.10% | $10 | Christmas Club will mature on October 1. Penalty: $7.00. |
Summer Club
0.10%APY
Receive full balance July 1 or half on July 15 and half on August 15. Early withdrawals available.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceSummer Savings Club maturity depends on club type. Penalty: $7.00.Any balance | 0.10% | $10 | Summer Savings Club maturity depends on club type. Penalty: $7.00. |
Who can join Essex County Teachers FCU
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Employees of Excalibur Abstract Company are eligible for membership.
- Employees of Montclair Police FOP are eligible for membership.
Military, government and schools
- Employees of most Boards of Education in Essex County are eligible for membership.
- Employees of the County of Essex are eligible for membership.
- Employees of the New Jersey court system who work in Essex County are eligible for membership.
Family and household
- Household and immediate family members of eligible individuals are eligible for membership.
1 more way to join
Other ways
- Retirees from any of the eligible employee groups are eligible for membership.
Membership information collected October 5, 2026.