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Bethpage Federal Credit Union Savings Account
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Bethpage Federal Credit Union Free Checking Account
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Bethpage Federal Credit Union Certificate Account
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Bethpage Federal Credit Union Money Market Account
The bottom line: Bethpage Federal Credit Union is on our list of the best credit unions. It's a good option if you want to earn high interest rates on checking, certificate, or money market accounts. It pays a low interest rate on the savings account, so you may either want to save with the money market account instead or consider a different bank.
Bethpage Federal Credit Union Overall Rating
| Feature | Personal Finance Insider rating (out of 5) |
| Savings | 3.75 |
| Checking | 4.25 |
| Certificate | 4.75 |
| Money market account | 4.5 |
| Trustworthiness | 5 |
| Total | 4.45 |
Bethpage Federal Credit Union Pros and Cons
| Pros | Cons |
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Bethpage Federal Credit Union Savings Account
no monthly service fee
0.10%
$5
- $5 minimum opening deposit
- ATM card included
- No monthly service fees
- Low interest rate
- Join Bethpage by opening a savings account with $5
- 33 branches in New York State
- 33,000+ free ATMs, 5,000+ shared branches
- Interest compounded daily
- Federally insured by the NCUA
The Bethpage Federal Credit Union Savings Account is an affordable account with a low minimum opening deposit and no monthly service fee. It pays a low interest rate, though. You may want to consider a high-yield savings account with a different institution or use the Bethpage Federal Credit Union Money Market Account as your primary savings account instead.
Bethpage Federal Credit Union Free Checking Account
no monthly service fee
up to 0.40%
$0
- No monthly service fees
- No minimum opening deposit
- Ability to earn interest
- No out-of-network ATM fees
- $30 overdraft fee
- $5 fee when transferring money for overdraft protection
- Does not reimburse any fees charged by out-of-network ATM providers
- Join Bethpage by opening a savings account with $5
- 33 branches in New York State
- 30,000+ free ATMs, 5,000+ shared branch locations
- Earn APY for each month you receive a direct deposit, AND make 10 debit card transactions, AND are enrolled in online banking with e-statements
- Interest compounded daily
- Federally insured by the NCUA
The Bethpage Federal Credit Union Free Checking Account pays a high interest rate each month that you complete all three of the following:
- Make at least 10 debit card transactions
- Receive a direct deposit
- Are enrolled in online banking
Bethpage Federal Credit Union Certificate Account
1.75% to 4.25%
$50
- High interest rates
- $50 minimum deposit
- 39-month term lets you increase your rate once during the term (it will be to the current rate for a 3-year term)
- Must contact Bethpage FCU to ask about early withdrawal penalties
- Join Bethpage by opening a savings account with $5
- 33 branches in New York State
- 33,000+ free ATMs, 5,000+ shared branches
- Terms range from 3 months to 5 years
- Interest compounded daily
- Federally insured by the NCUA
Bethpage Federal Credit Union only requires $50 to open a certificate, which is much less than what most institutions ask for. It also pays excellent interest rates.
Bethpage Federal Credit Union Money Market Account
no monthly service fee
0.10% to 1.35%
$500
- High interest rate
- $500 minimum opening deposit
- No monthly service fees
- Includes a debit card and paper checks
- No out-of-network ATM fees
- Does not reimburse any fees charged by out-of-network ATM providers
- Join Bethpage by opening a savings account with $5
- 32 branches in New York State
- 33,000+ free ATMs, 5,000+ shared branches
- Interest compounded daily
- Federally insured by the NCUA
The Bethpage Federal Credit Union Money Market Account pays a higher interest rate than the regular savings account, so you may prefer to use it as your main savings account. It also makes it easy to access your savings with a debit card and paper checks. This makes the account a good place to stash your emergency fund in case you need money quickly.
How Bethpage Federal Credit Union Works
Bethpage Federal Credit Union has 32 branches around New York State. You may also open an account online if you don't live near a branch. To join Bethpage FCU, you just need to open a Bethpage Federal Credit Union Savings Account account with $5.
There are 5,000 shared branches around the US in the CO-OP network. You can't open an account at a shared branch, but you may visit and receive assistance. You also have free access to 30,000 ATMs in the CO-OP network.
Bethpage FCU branches are open Monday through Thursday from 9 a.m. to 5 p.m., Friday from 9 a.m. to 6 p.m., and Saturday from 9 a.m. to 2 p.m.
The Bethpage FCU mobile app has 4.8 out of 5 stars in the Apple and Google Play stores.
Your deposits are federally insured by the NCUA for up to $250,000, or up to $500,000 for a joint account. This means that your money is safe even if Bethpage FCU shuts down.
Bethpage Federal Credit Union BBB Rating and Trustworthiness
Bethpage Federal Credit Union does not have any public controversies.
The Better Business Bureau focuses on consumer trust, and it gives Bethpage FCU an A- rating. The highest possible grade is an A+ but Bethpage has an A- because it hasn't responded to a couple of customer complaints on the BBB website.
A strong BBB grade indicates that a company responds effectively to customer complaints, advertises honestly, and is transparent about business practices.
How Bethpage Federal Credit Union Compares
We've compared Bethpage Federal Credit Union to two other institutions in our best credit unions guide: Blue Federal Credit Union and Alliant Credit Union.
You can access all of these credit unions online, and none charge monthly service fees. Your choice between the three could come down to which accounts you want to open.
Alliant pays the highest interest rate on savings, while Blue FCU has the best checking account rates. If you want a money market account, Bethpage FCU is the only option.
The highest certificate rates could be with any of the three, depending on which term you choose. You might prefer Bethpage FCU if you don't have much money to open a certificate — it only requires $50, but Alliant and Blue FCU both require $1,000.
Why You Should Trust Us: How We Reviewed Bethpage
We rate bank accounts on a scale from one to five stars. For Bethpage's checking, savings, and money market accounts, we used Personal Finance Insider's bank account ratings methodology. The exact factors we evaluate vary depending on the type of account — for example, we look at overdraft fees for checking accounts and interest rates for savings and money market accounts.
For the credit union's CDs, we used our CD rating methodology which looks at interest rates, minimum opening deposits, early withdrawal penalties, CD variety, customer support availability, mobile app ratings, miscellaneous features, and the security and ethics of the company.
We use a weighted average to get our star rating, which means we weigh certain features, like interest rates and fees, at a higher weight percentage than others. We understand that these areas can more heavily impact a person's overall banking experience.
