At a glance

Overview

FourLeaf Federal Credit Union works best for Long Island residents who want easy access to physical branches. While FourLeaf accounts with low or no minimum balance requirements, the interest rates on most accounts are extremely low. So, if you’re primarily looking to earn high interest on your savings, you’ll need to look elsewhere.

Highlights:

Low Min Balance Reward Checking

Highlights:

Low Min Balance Reward Checking

4.0

Bankrate Score

CDs

4.1 /5

Checking

4.6 /5

Savings

3.0 /5

MMA

3.4 /5

Overall

FourLeaf Federal Credit Union offers all the standard deposits accounts you'd expect, including a wide array of certificates of deposit (CDs) and savings, checking and money market accounts. It’s important to check the annual percentage yield (APY) for each account since rates vary. As a credit union, FourLeaf protects all deposit accounts up to $250,000 through the National Credit Union Administration.

Pros

FourLeaf FCU offers a full range of deposit and loan products.
Anyone who is at least 21 years of age and opens a savings account with $5 can become a FourLeaf member.
Members have access to free financial education resources, including financial counseling.
FourLeaf’s mobile app, which is highly rated, comes with modern digital banking features, including access to Zelle and digital wallets across multiple platforms.

Cons

Higher yields on most FourLeaf accounts can be found elsewhere.
Branch access outside of Long Island is limited.

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FourLeaf Federal Credit Union banking products

FourLeaf FCU Savings account

3.0

/5

See methodology Compare savings rates

SCORE BREAKDOWN

APY offering:

0.10%

1/5

Minimum balance for APY:

$5.00

5/5

Monthly service fee:

$0.00

5/5

Minimum balance to avoid fee:

$0.00

5/5

Access to funds:

Great

5/5

Pros

FourLeaf’s Savings account requires only $5 to open the account and earn interest.
There’s no monthly maintenance fee.
The savings account comes with an ATM card.
FourLeaf offers two accounts for young savers.

Cons

The yield for the savings account is near rock bottom.
Significantly higher yields can easily be found elsewhere.
The yield for the standard savings account is low compared with other options.

FourLeaf FCU certificates of deposit

4.1

/5

See methodology Compare CD rates

Pros

Only a $50 deposit is needed to open an account.
The credit union offers a bump-up certificate.
FourLeaf FCU offers a wide range of CD terms.

Cons

Though some are solid, most of FourLeaf’s CD yields are not competitive.
CDs with higher yields can be found at other credit unions.

FourLeaf FCU Money Market Account

3.4

/5

See methodology Compare MMA rates

SCORE BREAKDOWN

APY offering:

0.20%

2/5

Minimum balance for APY:

$0.00

5/5

Monthly service fee:

$0.00

5/5

Minimum balance to avoid fee:

$0.00

5/5

Check writing:

No

3/5

Debit/ATM access:

Good

4/5

Pros

The minimum balance required to earn a slightly higher interest rate is $500, which may be easy to meet for some account holders.

Cons

You need a minimum balance of $500,000 to earn the top yield, which is still rather small.
Higher-yielding accounts with smaller minimum balances can easily be found elsewhere.
Some banks offer higher MMA rates.

FourLeaf FCU Free Checking account

4.6

/5

See methodology Compare checking rates

Pros

The Free Checking account is free with the ability to earn interest if certain criteria are met.
There’s no monthly service fee or minimum balance requirement.
Customers have free access to over 30,000 CO-OP ATMs.

Cons

FourLeaf maintains a convoluted overdraft policy, and those that don’t meet certain criteria can be charged as much as $30 per overdrawn transaction.
The account charges a high overdraft fee.

Compare more: Bankrate's best saving account offers

How Four LeafFederal Credit Union compares to other banks

Compare different account types offered by FourLeaf Federal Credit Union. Annual percentage yields (APYs) shown were updated between Feb. 27, 2025 and March 5, 2025.

Selected bank FourLeaf Federal Credit Union savings account Member FDIC Bankrate score Rating: 3 stars out of 5 3.0 Bankrate Savings rating = 3.0/5 Bankrate scores are objectively determined by our editorial team. Annual percentage yields (APYs), minimum opening deposit requirements and minimum balances to avoid monthly service fees are some of the things that make up Bankrate’s score.	Most comparable Connexus Credit Union savings account NCUA Insured Bankrate score Rating: 2.9 stars out of 5 2.9 Bankrate Savings rating = 2.9/5 Bankrate scores are objectively determined by our editorial team. Annual percentage yields (APYs), minimum opening deposit requirements and minimum balances to avoid monthly service fees are some of the things that make up Bankrate’s score. Read review	Search for or select a bank: Bankrate score Bankrate Savings rating Bankrate scores are objectively determined by our editorial team. Annual percentage yields (APYs), minimum opening deposit requirements and minimum balances to avoid monthly service fees are some of the things that make up Bankrate’s score. Read review
APY APY, or annual percentage yield, is the yearly return on a bank or investment account. APY includes the effects of compounding interest. APYs last updated between Feb. 27, 2025 and March 5, 2025.
0.10%	0.10%
Minimum balance for APY
$5.00	$100.00
Estimated earnings Interest earned calculation based on a $50,000 deposit amount for a period of 1 year and is rounded to the nearest dollar. Exact earnings are dependent on calendar year, balance, and compounding frequency. Minimum deposit rules may apply.
$50	$50

FourLeaf’s savings account comes with a near rock-bottom yield. Customers need $5 to open an account and earn interest. The account comes with an ATM card and access to more than 30,000 fee-free ATMs nationwide through the Co-op ATM network.	The Connexus savings account is required to maintain membership in the credit union. Customers must maintain a minimum daily balance of $100 to earn interest, which is very low. There’s a $5 minimum balance requirement.

The account comes with an ATM card. Only $5 is needed to open a Four Leaf savings account.	There are no monthly fees. Customers need just $100 to start earning interest.	N/A
FourLeaf’s savings account earns a very low yield.	There’s a $5 minimum balance requirement. Connexus’ savings account earns a very low yield. There’s a $5 per month inactivity fee.	N/A

APY offering: 0.10% 1/5 APY, or annual percentage yield, is the yearly return on a bank or investment account. APY includes the effects of compounding interest. Minimum balance for APY: $5.00 5/5 The lowest deposit amount an account must have before it can earn interest. Monthly service fee: $0.00 5/5 A monthly charge a financial institution deducts from an account if certain requirements are not met. Minimum balance to avoid fee: $0.00 5/5 The lowest balance an account must maintain in order to avoid a fee. Access to funds: Great 5/5 A procedure that allows an individual or organization to access and manage the funds of another account holder.	APY offering: 0.10% 1/5 APY, or annual percentage yield, is the yearly return on a bank or investment account. APY includes the effects of compounding interest. Minimum balance for APY: $100.00 4/5 The lowest deposit amount an account must have before it can earn interest. Monthly service fee: $0.00 5/5 A monthly charge a financial institution deducts from an account if certain requirements are not met. Minimum balance to avoid fee: $0.00 5/5 The lowest balance an account must maintain in order to avoid a fee. Access to funds: Great 5/5 A procedure that allows an individual or organization to access and manage the funds of another account holder.	APY, or annual percentage yield, is the yearly return on a bank or investment account. APY includes the effects of compounding interest. The lowest deposit amount an account must have before it can earn interest. A monthly charge a financial institution deducts from an account if certain requirements are not met. The lowest balance an account must maintain in order to avoid a fee. A procedure that allows an individual or organization to access and manage the funds of another account holder. Bankrate does not currently track additional product details for this bank.

Selected bank FourLeaf Federal Credit Union CD NCUA Insured Bankrate score Rating: 4.1 stars out of 5 4.1 Bankrate CD rating = 4.1/5 Bankrate scores are objectively determined by our editorial team. Annual percentage yields (APYs) and minimum deposits are some of the things that make up Bankrate’s score.	Most comparable Vio Bank CD Member FDIC Bankrate score Rating: 4.2 stars out of 5 4.2 Bankrate CD rating = 4.2/5 Bankrate scores are objectively determined by our editorial team. Annual percentage yields (APYs) and minimum deposits are some of the things that make up Bankrate’s score. Read review	Search for or select a bank: Bankrate score Bankrate CD rating Bankrate scores are objectively determined by our editorial team. Annual percentage yields (APYs) and minimum deposits are some of the things that make up Bankrate’s score. Read review
APY APY, or annual percentage yield, is the yearly return on a bank or investment account. APY includes the effects of compounding interest. APYs last updated between Feb. 27, 2025 and March 5, 2025.
4.50%	4.15%
Minimum deposit
$50.00	$500.00
Term
7 mos	9 mos

FourLeaf Federal Credit Union offers a wide array of CDs, with terms ranging from three months to five years. Yields range from solid to high, and there is one bump-up CD option, which allows customers to increase their yield once during the CD’s term. All CDs can be opened with just $50.	Vio Bank is an online bank that offers competitive yields on its CDs and you’ll only need $500 to open one. Nearly every term you’d need for a CD ladder is available. It's one of the few banks that offers a 10-year CD.

Only $50 is required to open a FourLeaf CD. All CDs come with solid yields, including one competitive rate. The credit union offers a bump-up CD.	With a 10-year CD, Vio Bank has some of the longest CD terms around. Vio Bank offers a competitive yield on most of its CDs.	N/A
Higher yields on CDs of various terms can be found elsewhere.	Vio Bank doesn’t offer CDs with a term of less than six months. Vio Bank doesn’t offer a no-penalty CD.	N/A

Bankrate does not currently track additional product details for this bank.	APY offering: 4.15% - 9 mos 4/5 APY, or annual percentage yield, is the yearly return on a bank or investment account. APY includes the effects of compounding interest. APYs are selected based on Bankrate reviews of the highest rates a bank offers between the term ranges of 7 and 17 months. This excludes jumbo CDs and applies when the minimum deposit is $25k or less. Minimum deposit: $500.00 5/5 The minimum deposit amount a financial institution requires in order to open a CD. Range of term lengths: 6 mos - 5 yrs 5/5 A designated amount of time that funds must be held within a CD. Early withdrawal penalty: Subpar 2/5 A penalty incurred when funds have been withdrawn from a CD before its maturity date. Offer no-penalty or bump-up CDs: No 0/5 A CD that doesn’t incur a penalty if funds are withdrawn before its maturity date. Offer IRA CDs: No 0/5 An IRA account which consists of CDs that typically earns fixed interest over a specified period of time.	APY, or annual percentage yield, is the yearly return on a bank or investment account. APY includes the effects of compounding interest. APYs are selected based on Bankrate reviews of the highest rates a bank offers between the term ranges of 7 and 17 months. This excludes jumbo CDs and applies when the minimum deposit is $25k or less. The minimum deposit amount a financial institution requires in order to open a CD. A designated amount of time that funds must be held within a CD. A penalty incurred when funds have been withdrawn from a CD before its maturity date. A CD that doesn’t incur a penalty if funds are withdrawn before its maturity date. An IRA account which consists of CDs that typically earns fixed interest over a specified period of time. Bankrate does not currently track additional product details for this bank.

Selected bank FourLeaf Federal Credit Union money market account Member FDIC Bankrate score Rating: 3.4 stars out of 5 3.4 Bankrate Money Market rating = 3.4/5 Bankrate scores are objectively determined by our editorial team. Annual percentage yields (APYs), minimum opening deposit requirements and minimum balances to avoid monthly service fees are some of the things that make up Bankrate’s score.	Most comparable CIBC Bank USA money market account Member FDIC Bankrate score Rating: 3.4 stars out of 5 3.4 Bankrate Money Market rating = 3.4/5 Bankrate scores are objectively determined by our editorial team. Annual percentage yields (APYs), minimum opening deposit requirements and minimum balances to avoid monthly service fees are some of the things that make up Bankrate’s score. Read review	Search for or select a bank: Bankrate score Bankrate Money Market rating Bankrate scores are objectively determined by our editorial team. Annual percentage yields (APYs), minimum opening deposit requirements and minimum balances to avoid monthly service fees are some of the things that make up Bankrate’s score. Read review
APY APY, or annual percentage yield, is the yearly return on a bank or investment account. APY includes the effects of compounding interest. APYs last updated between Feb. 27, 2025 and March 5, 2025.
0.20%	0.25%
Minimum balance for APY
$0.00	$10,000.00
Estimated earnings Interest earned calculation based on a $50,000 deposit amount for a period of 1 year and is rounded to the nearest dollar. Exact earnings are dependent on calendar year, balance, and compounding frequency. Minimum deposit rules may apply.
$100	$125

FourLeaf’s money market account is a tiered account, meaning higher balances earn higher yields. But the account isn’t very competitive, as there are many credit unions that offer higher rates for lower balances. That noted, customers need just $1 to open an account, and at least $500 to start earning a better rate.	The CIBC Bank USA Personal Money Market Account offers a tiered APY structure, but the yields are low. There’s also a steep $15 monthly fee, though you can waive it by maintaining a balance above $2,500.

FourLeaf’s money market account is tiered. The account offers check-writing privileges.	The account comes with an ATM card and check-writing privileges.	N/A
Higher yields for lower balances are easily found elsewhere.	Higher APYs can be found from other banks. There's a $15 monthly fee for accounts with less than $2,500.	N/A

APY offering: 0.20% 2/5 APY, or annual percentage yield, is the yearly return on a bank or investment account. APY includes the effects of compounding interest. Minimum balance for APY: $0.00 5/5 The lowest deposit amount an account must have before it can earn interest. Monthly service fee: $0.00 5/5 A monthly charge a financial institution deducts from an account if certain requirements are not met. Minimum balance to avoid fee: $0.00 5/5 The lowest balance an account must maintain in order to avoid a fee. Check writing: No 3/5 The ability to write a certain amount of checks within a statement cycle. Debit/ATM access: Good 4/5 The ability to withdraw funds from an account through the use of debit or ATM card	APY offering: 0.25% 2/5 APY, or annual percentage yield, is the yearly return on a bank or investment account. APY includes the effects of compounding interest. Minimum balance for APY: $1.00 5/5 The lowest deposit amount an account must have before it can earn interest. Monthly service fee: $0.00 5/5 A monthly charge a financial institution deducts from an account if certain requirements are not met. Minimum balance to avoid fee: $0.00 5/5 The lowest balance an account must maintain in order to avoid a fee. Check writing: No 3/5 The ability to write a certain amount of checks within a statement cycle. Debit/ATM access: Good 4/5 The ability to withdraw funds from an account through the use of debit or ATM card	APY, or annual percentage yield, is the yearly return on a bank or investment account. APY includes the effects of compounding interest. The lowest deposit amount an account must have before it can earn interest. A monthly charge a financial institution deducts from an account if certain requirements are not met. The lowest balance an account must maintain in order to avoid a fee. The ability to write a certain amount of checks within a statement cycle. The ability to withdraw funds from an account through the use of debit or ATM card Bankrate does not currently track additional product details for this bank.

Learn more: The best banks of 2024

Customer experience

FourLeaf Federal Credit Union shines in a number of areas. Not only does the credit union give members access to more than 30,000 free ATMs, it also offers numerous budgeting tools online and in its app. FourLeaf lets you do everything from searching transactions to creating a budget to checking your balance on your Apple Watch.

Customer support. Service representatives can be reached from 7:30 a.m. to 7 p.m. Eastern time, weekdays, and 8 a.m. until 2 p.m. on Saturday. Accounts can also be accessed virtually anytime online.

Digital experience. Customers can bank digitally via FourLeaf’s secure website or mobile app. The mobile app, in particular, is highly rated on the Apple App and Google Play stores. More than 90,000 users have rated the app across both platforms. FourLeaf users get access to modern digital features, including access to Zelle and digital wallets across multiple platforms.

Review methodology

With so many financial institutions to choose from, it can be hard to know who to trust. Bankrate’s ever-growing list of bank and credit union reviews is updated regularly. Our editorial team analyzes and reviews each institution across deposit products such as savings accounts, checking accounts, certificates of deposit (CDs) and money market accounts (MMAs). Banks are rated by important factors such as offered interest rates, fees, minimum balance requirements, access to funds and more.

We assign a score to each type of account and its features, weigh them carefully based on importance to account holders and determine an overall score. Read our full review methodology.

FourLeaf Federal Credit Union Review 2025

The Bankrate promise

At a glance

Overview

Highlights:

Highlights:

Overall

Pros

Cons

We want to know what you think about Four Leaf Federal Credit Union

FourLeaf Federal Credit Union banking products

FourLeaf FCU Savings account

Pros

Cons

FourLeaf FCU certificates of deposit

Pros

Cons

FourLeaf FCU Money Market Account

Pros

Cons

FourLeaf FCU Free Checking account

Pros

Cons

How Four LeafFederal Credit Union compares to other banks

Customer experience

Review methodology

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