Schools Federal Credit Union Savings & Money Market Rates

How Schools Federal Credit Union’s savings rates compare

Compared with banks and credit unions near Los Angeles, CA, where Schools Federal Credit Union has the most branches. $10,000, best rate first.

This credit union’s best
Schools Federal Credit Union
0.90%APY
Requires
None
Minimum
$100
Earns on $10,000 a year
$90
Premium Money Market Account
Top rate
Woori America Bank
5.00%APY
Requires
Monthly account activity
Minimum
$1,000
Earns on $10,000 a year
$500
Woori America Bank rates
2nd-highest rate
Nuvision Credit Union
4.50%APY
Requires
Monthly account activity
Minimum
—
Earns on $10,000 a year
$450
Nuvision Credit Union rates

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Savings score

Higher than 66% of U.S. banks and credit unions

By balance

$1,000 balance$1,0000.80%
$10,000 balance$10,0000.90%
$100,000 balance$100,0001.00%
QualifiedQualified0.90%

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 Schools 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.

Premium Money Market Account

0.90%APY$100 to open

Tiered variable rate account. Opening minimum deposit is $100.00. A daily balance of at least $2,500.00 is required each day to obtain the disclosed APY. Dividends are calculated by the daily balance method and compound and credit monthly.

Earnings on $10,000 over a year.
Balance	APY	Earns on $10,000 a yearEarns	Requirement
Up to $2,499Must maintain a daily balance of at least $2,500.00 each day to obtain the disclosed APY.	0.80%	—	Must maintain a daily balance of at least $2,500.00 each day to obtain the disclosed APY.
$2,500 – $9,999	0.80%	—
$10,000 – $24,999	0.90%	$90
$25,000 – $49,999	0.90%	—
$50,000 and up	1.00%	—

Sources (3)

All captured Sep 16, 2026

Regular Shares

0.10%APY$5 to open

Dividends are calculated on daily balance and compound quarterly. Minimum opening deposit is $5.00.

Earnings on $10,000 over a year.
Balance	APY	Earns on $10,000 a yearEarns
$100 – $2,499	0.00%	—
$2,500 – $9,999	0.05%	—
$10,000 and up	0.10%	$10

Sources (3)

All captured Sep 16, 2026

You Name It

0.10%APY$10 to open

Tiered Variable Rate. Minimum opening balance is $10.00. Once established, a withdrawal must be equal to your entire account balance.

Earnings on $10,000 over a year.
Balance	APY	Earns on $10,000 a yearEarns
$100 – $2,499	0.00%	—
$2,500 – $9,999	0.05%	—
$10,000 and up	0.10%	$10

Sources (3)

All captured Sep 16, 2026

Special-purpose accounts

Summer Safeguard

6.60%APYBusiness

For school employees. Funds must originate from a qualified school district (such as LAUSD or LACCD) and NET direct deposit/payroll must be routed to a Schools FCU Checking Account. Maximum monthly contribution of $2,000. Limited to 2 off-cycle withdrawals per year. Entire balance automatically transfers to primary share savings account on the first business day in July.

Earnings on $10,000 over a year.
BalanceRequirement	APY	Earns on $10,000 a yearEarns	Requirement
Any balanceContributions limited to automatic contribution via payroll deduction, direct deposit, or automatic share to share transfer, up to $2,000 per month.Any balance	6.60%	$660	Contributions limited to automatic contribution via payroll deduction, direct deposit, or automatic share to share transfer, up to $2,000 per month.

Sources (3)

All captured Sep 16, 2026

Coverdell Education Savings Account

3.03%APYIRA$50 to open

For any child up to age 18. Contributions limited to $2,000 per year per beneficiary. Available only with direct deposit to checking account. Withdrawals are tax-free for qualified education expenses. Fixed rate. Minimum opening deposit is $100.00 (or $50 per rate table).

Earnings on $10,000 over a year.
BalanceRequirement	APY	Earns on $10,000 a yearEarns	Requirement
$50 and upAvailable only with direct deposit to checking account.$50 and up	3.03%	$303	Available only with direct deposit to checking account.

Sources (5)

All captured Sep 16, 2026

Teen Savings

1.00%APYKids and teens$10 to open

For minors. Requires a qualified adult joint owner.

Earnings on $10,000 over a year.
Balance	APY	Earns on $10,000 a yearEarns
$10 and up	1.00%	$100

Sources (3)

All captured Sep 16, 2026

IRA Accumulation

0.15%APYIRA$25 to open

Dividends are calculated on daily balance and compound quarterly. Anticipated rates declared at end of dividend period. IRAs may be transferred or rolled over. Minimum balance required to open an account is $25.00.

Earnings on $10,000 over a year.
BalanceRequirement	APY	Earns on $10,000 a yearEarns	Requirement
$100 and upMust maintain a daily balance at least equal to $100.00 to obtain disclosed APY.$100 and up	0.15%	$15	Must maintain a daily balance at least equal to $100.00 to obtain disclosed APY.

Sources (4)

All captured Sep 16, 2026

Christmas Club

0.10%APYClub$10 to open

Tiered Fixed Rate. Minimum opening balance is $10.00. Withdrawals permitted on the first business day of November.

Earnings on $10,000 over a year.
Balance	APY	Earns on $10,000 a yearEarns
$100 – $2,499	0.00%	—
$2,500 – $9,999	0.05%	—
$10,000 and up	0.10%	$10

Sources (3)

All captured Sep 16, 2026

Who can join Schools Federal Credit Union

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Visit institution website ↗Branches and institution details

← Schools Federal Credit Union overview

How Schools Federal Credit Union’s savings rates compare

Schools Federal Credit Union savings score

Current savings rates

Premium Money Market Account

Regular Shares

You Name It

Special-purpose accounts

Summer Safeguard

Coverdell Education Savings Account

Teen Savings

IRA Accumulation

Christmas Club

Who can join Schools Federal Credit Union