Credit union · NCUA insured
Town of Hempstead Employees Federal Credit Union Savings Rates
Top CarrotTown of Hempstead Employees Federal Credit Union’s best savings rate is 0.20% APY on $10,000, with its Money Market. Rates checked October 16, 2026.
How Town of Hempstead Employees Federal Credit Union’s savings rates compare
Compared with banks and credit unions near New York, NY-NJ, where Town of Hempstead Employees Federal Credit Union has the most branches. $10,000, best rate first.
This credit union’s best
Town of Hempstead Employees Federal Credit Union
0.20%APY
- Requires
- None
- Minimum
- $2,500
- Earns on $10,000 a year
- $20
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
Town of Hempstead Employees Federal Credit Union savings score
68
Savings score
Higher than 22% of U.S. banks and credit unions
- $1,000 balance$1,0000.05%
- $10,000 balance$10,0000.20%
- $100,000 balance$100,0000.50%
- QualifiedQualified0.20%
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 Town of Hempstead Employees 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
Up to 0.20%APY
Opening deposit of $2,500.00 required. Check writing privileges limited to up to 6 checks per month for a minimum of $250 each. If account falls below $2,500.00, it automatically earns the regular savings dividend rate. If account falls below $500.00 at any time during a month, a monthly service fee applies for that month.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $2,500 and upTier minimum balance $2,500.00 to earn stated APY/Dividend Rate. | 0.15% | $15 | Tier minimum balance $2,500.00 to earn stated APY/Dividend Rate. |
| $10,000 and upTier minimum balance $10,000.00 to earn stated APY/Dividend Rate. | 0.20% | $20 | Tier minimum balance $10,000.00 to earn stated APY/Dividend Rate. |
| $25,000 and upTier minimum balance $25,000.00 to earn stated APY/Dividend Rate. | 0.30% | — | Tier minimum balance $25,000.00 to earn stated APY/Dividend Rate. |
| $50,000 and upTier minimum balance $50,000.00 to earn stated APY/Dividend Rate. | 0.50% | — | Tier minimum balance $50,000.00 to earn stated APY/Dividend Rate. |
Sources (3)
- tohefcu.org/rates-and-fees/account-rates
- tohefcu.org/accounts/savings-and-money-markets
- tohefcu.org/accounts/savings-a…markets/money-market-faq
All captured Sep 17, 2026
Escrow Accounts
0.05%APY
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| $5 and up | 0.05% | $5 |
Sources (1)
- tohefcu.org/rates-and-fees/account-rates · captured Sep 17, 2026
Primary Savings
0.05%APY
Required for TOHEFCU membership.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $5 and upDividends paid monthly, calculated daily. $5.00 minimum balance.$5 and up | 0.05% | $5 | Dividends paid monthly, calculated daily. $5.00 minimum balance. |
Sources (2)
All captured Sep 17, 2026
Special-purpose accounts
Kids Club Accounts
0.20%APY
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $5 and upDividends are calculated daily and paid quarterly.$5 and up | 0.20% | $20 | Dividends are calculated daily and paid quarterly. |
Sources (2)
All captured Sep 17, 2026
Christmas Club
0.05%APY
Christmas Club balances are transferred electronically into your savings accounts during the first week of October. Account is automatically renewed.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $5 and upWithdrawal restrictions apply.$5 and up | 0.05% | $5 | Withdrawal restrictions apply. |
Sources (2)
All captured Sep 17, 2026
Vacation Club
0.05%APY
Vacation Club accounts permit three withdrawals per calendar year at your convenience.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| $5 and up | 0.05% | $5 |
Sources (2)
All captured Sep 17, 2026
Who can join Town of Hempstead Employees Federal Credit Union
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Membership is open to members or employees of the Baldwin Chamber of Commerce.
- Membership is open to employees of South Shore Association For Independent Living, Inc.
Military, government and schools
- Membership is open to members or employees of the Bellerose Terrace Fire District.
- Membership is open to employees of the Library districts within the Town of Hempstead.
- Membership is open to employees of the Sanitary districts within the Town of Hempstead.
- Membership is open to employees of the Town of Hempstead, New York.
8 more ways to join
Military, government and schools
- Membership is open to employees of the Village of Atlantic Beach, New York.
- Membership is open to employees of the Village of East Rockaway, New York.
- Membership is open to employees of the Village of Freeport, New York.
- Membership is open to employees of the Village of Hempstead, New York.
- Membership is open to employees of the Village of Island Park, New York.
- Membership is open to employees of the Village of Lynbrook, New York.
- Membership is open to volunteer firefighters within the Town of Hempstead.
Family and household
- All family members of eligible persons, including parents, grandparents, husband, wife, children, grandchildren, brothers, sisters and their spouses and children, are eligible for membership.
Membership information collected October 5, 2026.