Open a Patelco Account Today: Low Minimum Deposit, High Rewards!

Finding a bank account that's easy to open and manage can feel like searching for a needle in a haystack. But with Patelco Credit Union, opening an account is a breeze – and it all starts with our minimum deposit to open an account at Patelco.

Patelco is a member-owned financial cooperative, which means our focus is on your financial well-being, not maximizing profits. That's why we've made opening an account with us as easy and affordable as possible.

Here's the key benefit you'll enjoy with Patelco:

• Low Minimum Deposit: You can open a Patelco account with just $1. That's right – no need to worry about hefty opening deposits.

This may seem too good to be true, but according to a study by the FDIC [Federal Deposit Insurance Corporation], the national average minimum deposit to open a checking account is \$100 [FDIC study on minimum deposit requirements], making Patelco's \$1 minimum a very attractive option.

Here's a table comparing Patelco's minimum deposit to the national average:

Success Stories:

Sarah H., a Patelco member for over 10 years, says, "I was hesitant to open a new account because I didn't have a lot of money to start with. But Patelco's low minimum deposit made it easy for me to get started. Now, I use my Patelco account for all my everyday banking needs, and I love that I'm a part of a member-owned cooperative that puts my needs first."

Tables aren't the only benefit, though. Here's what else you can expect with a Patelco account:

• Free Checking with No Minimum Balance: Patelco offers a Free Checking account that has no monthly fees and no minimum balance requirements. This means you can keep your money in your account without worrying about any unnecessary charges.
• Competitive Rates: Patelco offers competitive rates on savings accounts, money market accounts, and certificates of deposit (CDs).

Ready to experience the Patelco difference? Here's how to get started:

1. Become a Member: Membership is open to anyone who lives, works, worships, or attends school in Los Angeles, Orange, Riverside, San Bernardino, San Diego, Ventura, or Kern Counties. You can easily apply for membership online or at any Patelco branch.
2. Choose Your Account: Patelco offers a variety of checking and savings accounts to fit your needs.
3. Fund Your Account: With a minimum deposit to open an account at Patelco of just \$1, you can easily get started on your path to financial wellness.

Don't wait any longer. Open a Patelco account today and start experiencing the benefits of membership!