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The bottom line: Partners Federal Credit Union is geared mainly toward employees of the Walt Disney Company and their families. You might like this credit union if you prefer a local financial institution over a national bank or CDs with solid interest rates. If you do not qualify to become a member, you can refer to our best credit unions guide.
Partners Federal Credit Union: Overall Credit Union Rating
Insider rating (out of 5)
Money Market Account
In our Partners Federal Credit Union review, we rate checking accounts, savings accounts, CDs, and money market accounts by looking at features like minimum opening requirements, monthly service fees, and customer support available. Learn more about our methodology for rating bank accounts.
Partners Federal Credit Union: Pros and Cons
Certified as a community development financial institution, so it primarily serves low-income and disadvantaged communities
Solid interest rates on money market accounts and share certificates
Standard-to-low CD early withdrawal penalties
Part of the CO-OP Shared Branch and ATM networks
Possible to waive monthly service fee
To become a member, you or a family member must be a current or retired employee of the Walt Disney Company, a subsidiary, or a Select Employee Group
Low interest rate on savings account
Monthly service fee on savings account
Partners Federal Credit Union Primary Savings – Product Name Only
All members must open Partners Federal Credit Union Primary Savings – Product Name Only with at least Partners Federal Credit Union Primary Savings – Minimum Deposit.
If you’re looking for a competitive interest rate, you’ll want to open the credit union’s money market account or find a high-yield savings account at another financial institution.
Partners Federal Credit Union Basic Checking – Product Name Only
Partners Federal Credit Union Basic Checking – Product Name Only could be a good choice if you do not want to deal with monthly service fees or minimum balance requirements.
Depending on your account balance, you’ll also be eligible for Relationship Rewards, like monthly ATM fee reimbursements and free check orders.
Partners Federal Credit Union Share Certificates – Product Name Only
Partners Federal Credit Union might be an appealing option for CDs. …read more
Source:: Business Insider