FourLeaf Federal Credit Union Review 2025

FourLeaf Federal Credit Union (formerly Bethpage Federal Credit Union) is on our list of the best credit unions. Business Insider's personal finance team found that it's an industry leader for credit unions because you can earn high interest rates on checking, certificate, and money market accounts.

It pays a low interest rate on the savings account, though, so you may either want to save with the money market account instead or consider a different bank.

FourLeaf Federal Credit Union Pros and Cons

FourLeaf Federal Credit Union Pros

• Open accounts at a branch or online from anywhere in the U.S.
• Large free ATM network
• Easy to become a member (just open a savings account with $5)
• High interest rates on checking, certificate, and money market accounts
• No monthly service fees

FourLeaf Federal Credit Union Cons

• The only branches are in New York State and New Jersey
• Low interest rate on savings account

Open an Account

FourLeaf Federal Credit Union Free Checking Account

Insider’s Rating

4.25/5

Fees

no monthly service fee

Annual Percentage Yield (APY)

up to 0.40%

Minimum Opening Deposit

$0

Pros

• No monthly service fees
• No minimum opening deposit
• Ability to earn interest
• No out-of-network ATM fees

Cons

• $30 overdraft fee
• $5 fee when transferring money for overdraft protection
• Does not reimburse any fees charged by out-of-network ATM providers

Product Details

• Join FourLeaf Federal Credit Union by opening a savings account with $5
• 37 branches in New York State and New Jersey
• 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

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Compare FourLeaf Credit Union

Axos ONE Savings and Checking Bundle

Start banking

On Axos Bank's website

Insider’s Rating

4.5/5

Perks

Earn 4.86% APY on your savings account balance and 0.51% APY on your checking account balance with qualifying transactions. Access expanded FDIC coverage up to $265 million with Axos Bank InsureGuard+ Savings from IntraFi® Network.

Fees

no monthly service fee

Annual Percentage Yield (APY)

Earn 4.86% APY on your savings account balance and 0.51% APY on your checking account balance by getting at least $1,500 in monthly direct deposits by the 25th of each month and by maintaining an average daily balance of $1,500.

up to 4.86%

Minimum Opening Deposit

$0

Pros

• Early direct deposit
• Enhanced FDIC protection
• High interest if you can meet the requirements
• No monthly service fees
• No minimum opening deposit
• 24/7 customer service for banking products
• Large ATM network
• Interest compounds daily

Cons

• Low interest rate if you cannot meet requirements
• Cannot overdraft your account
• Online-only bank

Product Details

• Online-only bank
• Axos has around 91,000 ATMs in-network nationwide through Allpoint
• Axos has 24/7 customer support for personal banking products
• Earn 4.86% APY on your savings account balance and 0.51% APY on your checking account balance by getting at least $1,500 in monthly direct deposits by the 25th of each month and by maintaining an average daily balance of $1,500. If you don’t meet those requirements, you’ll earn 1.00% APY on savings account balances and no interest on checking account balances.
• No overdraft fees because you cannot overdraft your account
• Interest compounds daily and deposits monthly
• Member FDIC

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LendingClub LevelUp Savings Account

Start saving

On LendingClub's website

Insider’s Rating

4.75/5

Fees

no monthly service fee

Annual Percentage Yield (APY)

Earn 4.40% APY when you deposit at least $250 per month, earn 3.40% standard APY if minimum isn't met.

up to 4.40%

Minimum Opening Deposit

$0

Pros

• No minimum opening deposit
• No monthly service fee
• High interest rate on standard rate and LevelUp Rate
• Free ATM card

Cons

• Must meet certain requirement to earn LevelUp Rate, which is the highest APY
• Primarily an online-only financial institution

LendingClub LevelUp Savings Account review

Product Details

• Earn 4.40% APY by depositing $250 per month
• Earn 3.40% as the standard rate when you don’t meet the monthly deposit requirement
• Interest compounded and deposited monthly
• FDIC insured

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SoFi® Checking and Savings (Member FDIC)

Start saving

SoFi Bank, N.A., Member FDIC

Insider’s Rating

4.75/5

Perks

New and existing Checking and Savings members who have not previously enrolled in Direct Deposit with SoFi are eligible to earn a cash bonus of either $50 (with at least $1,000 total Direct Deposits received during the Direct Deposit Bonus Period) OR $300 (with at least $5,000 total Direct Deposits received during the Direct Deposit Bonus Period). Cash bonus will be based on the total amount of Direct Deposit. Direct Deposit Promotion begins on 12/7/2023 and will be available through 1/31/26. See full bonus and annual percentage yield (APY) terms at sofi.com/banking#1. SoFi members who enroll in SoFi Plus with Direct Deposit or by paying the SoFi Plus Subscription Fee every 30 days or with $5,000 or more in Qualifying Deposits during the 30-Day Evaluation Period can earn 3.80% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Direct Deposit amount required to qualify for the stated interest rate. Members without either SoFi Plus or Qualifying Deposits, during the 30-Day Evaluation Period will earn 1.00% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Only SoFi Plus members are eligible for other SoFi Plus benefits. Interest rates are variable and subject to change at any time. These rates are current as of 1/24/25. There is no minimum balance requirement. Additional information can be found at http://www.sofi.com/legal/banking-rate-sheet. See the SoFi Plus Terms and Conditions at https://www.sofi.com/terms-of-use/#plus. SoFi Bank is a member FDIC and does not provide more than $250,000 of FDIC insurance per depositor per legal category of account ownership, as described in the FDIC’s regulations. Any additional FDIC insurance is provided by the SoFi Insured Deposit Program. Deposits may be insured up to $3M through participation in the program. See full terms at SoFi.com/banking/fdic/sidpterms. See list of participating banks at SoFi.com/banking/fdic/participatingbanks.

Earn up to a $300 bonus with qualifying direct deposits for eligible customers through 1/31/2026. Earn up to 3.80% APY on savings balances (including Vaults) with direct deposit or qualifying deposit. Access to additional insurance up to $3M on deposits through a seamless network of participating banks.

Fees

no monthly service fee

Annual Percentage Yield (APY)

SoFi members who enroll in SoFi Plus with Direct Deposit or by paying the SoFi Plus Subscription Fee every 30 days or with $5,000 or more in Qualifying Deposits during the 30-Day Evaluation Period can earn 3.80% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Direct Deposit amount required to qualify for the stated interest rate. Members without either SoFi Plus or Qualifying Deposits, during the 30-Day Evaluation Period will earn 1.00% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Only SoFi Plus members are eligible for other SoFi Plus benefits. Interest rates are variable and subject to change at any time. These rates are current as of 1/24/25. There is no minimum balance requirement. Additional information can be found at http://www.sofi.com/legal/banking-rate-sheet. See the SoFi Plus Terms and Conditions at https://www.sofi.com/terms-of-use/#plus.

up to 3.80%

Minimum Opening Deposit

$0

Bonus

up to $300

Pros

• FDIC insured up to $3 million
• High interest rate
• Earn a higher interest rate with qualifying activities
• No minimum opening deposit
• No monthly service fees
• Up to $300 bonus with qualifying direct deposit (terms apply)
• Savings tools
• Early direct deposit
• Joint account available

Cons

• Declined purchase if you overdraw by more than $50
• Doesn't reimburse out-of-network ATM providers' fees
• May deposit cash at Green Dot locations but there's a $4.95 fee

Insider’s Take

SoFi Checking and Savings is a great account option if you don't mind keeping your savings and checking in one account.

SoFi® Checking and Savings (Member FDIC) review

Product Details

• Sign-up bonus of up to $300. When you sign up and set up direct deposit. Wait for direct deposit to hit account (typically 2-4 weeks). Collect cash bonus of $50 to $300 depending on direct deposit amount
• Up to 3.80% APY with direct deposit or $5,000 or more in qualifying deposits during the 30-day evaluation period
• FDIC Insured and covered up to $3 million in FDIC coverage through a network of participating banks
• 55,000+ fee-free ATMs

Show Pros, Cons, and More

FourLeaf Federal Credit Union Overview

FourLeaf Federal Credit Union FourLeaf Federal Credit Union Savings Account has 37 branches in New York and New Jersey. You may also open an account online if you don't live near a branch. To join FourLeaf FCU, you just need to open a FourLeaf Federal Credit Union Savings Account account with $5.

There are 5,000 shared branches around the U.S. 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.

FourLeaf 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. Some branches may vary in hours.

The FourLeaf 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 FourLeaf FCU shuts down.

Banking Options with FourLeaf Federal Credit Union

FourLeaf Federal Credit Union Savings Account

The FourLeaf 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 FourLeaf Federal Credit Union Money Market Account as your primary savings account instead.

FourLeaf Federal Credit Union Free Checking Account

The FourLeaf Federal Credit Union Free Checking Account pays a high interest rate each month if you complete all three of the following:

• Make at least 10 debit card transactions
• Receive a direct deposit
• Are enrolled in online banking

FourLeaf Federal Credit Union Certificate Account

FourLeaf Federal Credit Union only requires $50 to open a FourLeaf Federal Credit Union FourLeaf Federal Credit Union Certificate Account, which is much less than what most institutions ask for. It also pays excellent interest rates.

FourLeaf Federal Credit Union Money Market Account

The FourLeaf 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.

Is FourLeaf Federal Credit Union Trustworthy?

FourLeaf Federal Credit Union does not have any public controversies.

The Better Business Bureau focuses on consumer trust, and it gives FourLeaf FCU an A+ rating. The highest possible grade is an A+ but FourLeaf 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.

FourLeaf Federal Credit Union Alternatives

FourLeaf Federal Credit Union vs. Alliant Credit Union

FourLeaf Federal Credit Union and Alliant Credit Union are both available online. Alliant pays a higher interest rate on a savings account — the Alliant High-Rate Savings Account pays 3.10% APY, which is above the national average.

If you want a money market account though, Fourleaf FCU is the only option. Alliant doesn't offer one. The FourLeaf Federal Credit Union Money Market Account offers a decent rate at 0.10% to 1.20% APY, and offers more accessibility than savings accounts because it has checks and a debit card.

Blue Federal Credit Union Review

FourLeaf Federal Credit Union vs. Blue Federal Credit Union

You can access both credit unions online, and neither charge monthly service fees on bank accounts.

Blue FCU has the best savings account rates. Blue Federal Credit Union Accelerated Savings and Blue Federal Credit Union Sky High Savings offer the potential for a higher APY than FourLeaf Federal Credit Union savings accounts. However, if you want a money market account, FourLeaf FCU is the only option.

Alliant Credit Union Review

Why You Should Trust Us: How We Reviewed FourLeaf

We rate bank accounts on a scale from one to five stars. For FourLeaf'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

FourLeaf Federal Credit Union Overall Rating

FAQs

Sophia Acevedo

Banking Editor

Sophia Acevedo is a banking editor at Business Insider. She has spent three years as a personal finance journalist and is an expert across numerous banking topics. ExperienceSophia leads Personal Finance Insider's banking coverage, including reviews, guides, reference articles, and news. She edits and updates articles about banks, checking and savings accounts, CD rates, budgeting, and general saving. Sophia was also a part of Business Insider's 2024 series "My Financial Life," which focused on telling stories that could help people live and spend better.Before joining Business Insider, Sophia worked as a journalist at her college newspaper and was a freelance writer. She has spent seven years writing and editing as a journalist.Sophia was nominated for an Axel Springer Award for Change in 2023 for her coverage of ABLE Accounts, tax-free savings accounts for people with disabilities. She was also a winner of a 2018 California Journalism Awards Campus Contest for her photography.She loves helping people find the best solutions for their unique needs and hopes that more people will find the tools to solve their financial problems. She’s inspired by stories of everyday people adapting to their financial circumstances and overcoming their fears around money.ExpertiseSophia's expertise includes:

• Bank accounts
• Savings and CD rate trends
• Budgeting
• Saving
• How banks operate

EducationSophia graduated from California State University Fullerton with a degree in journalism and a minor in political science.Sophia is a member of the National Association of Hispanic Journalists.She is an avid reader across a variety of genres, and she started running in 2021. She ran in the 2024 Los Angeles Marathon.

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