Credit union · NCUA insured
Penn State Federal Credit Union Savings Rates
Penn State Federal Credit Union’s best savings rate is 0.60% APY on $10,000, with its Money Market. Rates checked October 16, 2026.
How Penn State Federal Credit Union’s savings rates compare
Compared with banks and credit unions near State College, PA, where Penn State Federal Credit Union has the most branches. $10,000, best rate first.
This credit union’s best
Penn State Federal Credit Union
0.60%APY
- Requires
- None
- Minimum
- $1,500
- Earns on $10,000 a year
- $60
Money Market
Top rate
Northwest Bank
4.00%APY
- Requires
- None
- Minimum
- $1
- Earns on $10,000 a year
- $400
2nd-highest rate
Reliance Bank
2.00%APY
- Requires
- Another account
- Minimum
- $5,000
- Earns on $10,000 a year
- $200
Penn State Federal Credit Union savings score
81
Savings score
Higher than 56% of U.S. banks and credit unions
- $1,000 balance$1,0000.35%
- $10,000 balance$10,0000.60%
- $100,000 balance$100,0001.25%
- QualifiedQualified0.60%
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 Penn State 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
0.60%APY
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Up to $2,500 | 0.35% | — |
| $2,500 – $10,000 | 0.50% | — |
| $10,000 – $25,000 | 0.60% | $60 |
| $25,000 – $50,000 | 0.70% | — |
| $50,000 – $100,000 | 0.95% | — |
| $100,000 and up | 1.25% | — |
Sources (1)
- pennstatefederal.com/personal/save/savings-rates · captured Oct 6, 2026
Basic Share Savings Account
0.35%APY
Required for membership. $100 balance earns dividends.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $100 and up$100 minimum balance to obtain APY and earn dividends.$100 and up | 0.35% | $35 | $100 minimum balance to obtain APY and earn dividends. |
Sources (2)
All captured Oct 6, 2026
Special Share Savings Account
0.35%APY
No minimum balance requirements. $100 balance earns dividends. No withdrawal fee.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $100 and up$100 minimum balance to obtain APY and earn dividends.$100 and up | 0.35% | $35 | $100 minimum balance to obtain APY and earn dividends. |
Sources (2)
All captured Oct 6, 2026
Special-purpose accounts
Holiday Club Account
0.35%APY
October-to-October terms. Balance is transferred to Basic Share Savings and available on October 1. $100 balance earns dividends. Early withdrawal fee applies.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $100 and up$100 minimum balance to obtain APY and earn dividends.$100 and up | 0.35% | $35 | $100 minimum balance to obtain APY and earn dividends. |
Sources (2)
All captured Oct 6, 2026
IRA Accumulative Savings
0.35%APY
Available in Traditional, ROTH & Educational IRAs in accumulative terms. No fixed term. Adjustable dividend rates. $25 minimum balance and opening deposit. $100 balance earns dividends.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Any balance | 0.35% | $35 |
Sources (2)
- pennstatefederal.com/personal/…idual-retirement-account
- pennstatefederal.com/personal/save/savings-rates
All captured Oct 6, 2026
Kid's Club Savings
0.35%APY
Birth to age 12. Account requires an adult joint owner. $5 balance earns dividends.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $5 and up$5 minimum balance to obtain APY and earn dividends.$5 and up | 0.35% | $35 | $5 minimum balance to obtain APY and earn dividends. |
Sources (2)
- pennstatefederal.com/personal/save/kid-and-teen-accounts
- pennstatefederal.com/personal/save/savings-rates
All captured Oct 6, 2026
Teen Club Savings
0.35%APY
Ages 13 to 17. Account requires an adult joint owner. $5 balance earns dividends.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $5 and up$5 minimum balance to obtain APY and earn dividends.$5 and up | 0.35% | $35 | $5 minimum balance to obtain APY and earn dividends. |
Sources (2)
- pennstatefederal.com/personal/save/kid-and-teen-accounts
- pennstatefederal.com/personal/save/savings-rates
All captured Oct 6, 2026
Who can join Penn State Federal Credit Union
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Individuals who work for eligible partner local companies are eligible for membership.
- Individuals who work for Penn State Federal Credit Union are eligible for membership.
Military, government and schools
- Individuals who are a friend (or member) of the Centre County Chapter of the Penn State Alumni Association are eligible for membership.
- Individuals who work for, attend class at, or are retired from Penn State University are eligible for membership.
Family and household
- Family members or persons living in the same household as an eligible individual are eligible to join.
Membership information collected October 5, 2026.