FourLeaf Federal Credit Union Review 2026
Written by
Edited by
The Bankrate promise
At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict , this post may contain references to products from our partners. Here's an explanation for .
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. If you’re primarily looking to earn high interest on your savings, you’ll need to look elsewhere.
Highlights:
Low Min Balance Reward CheckingHighlights:
CDs
Checking
Savings
MMA
Customer Experience
Offers featured here have been sponsored which impacts how, where, and in what order the products appear. Not all offers are displayed on this page.
These are sponsored offers rated highly by us for competitive rates, fees, and minimums.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
Bankrate Savings rating = 4.5/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
Bankrate Savings rating = 4.6/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
Bankrate Savings rating = 4.4/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
Offers featured here have been sponsored which impacts how, where, and in what order the products appear. Not all offers are displayed on this page.
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
FourLeaf Federal Credit Union pros and cons
Pros
-
FourLeaf FCU offers a full range of deposit and loan products.
-
Very open membership requirements.
-
Free financial education resources, including financial counseling.
-
FourLeaf’s mobile app is highly rated.
Cons
-
Higher yields can be found elsewhere.
-
Branch access outside of Long Island is limited.
We want to know what you think about Four Leaf Federal Credit Union
Do you have experience with Four Leaf Federal Credit Union? Let us know your thoughts.
FourLeaf Federal Credit Union banking products
FourLeaf FCU Savings account
Pros
-
Only $5 to open the account and earn interest.
-
No monthly maintenance fee.
-
Comes with an ATM card.
Cons
-
Yield is near rock bottom.
-
Inactive account fee of $5 assessed monthly.
In terms of savings accounts, FourLeaf has a number of features that make it appealing, but falls down when it comes to arguably the most important part — the annual percentage yield (APY) offered. You can find much better yields elsewhere, often with similar benefits, like low minimum balance requirements and no monthly maintenance fees.
FourLeaf FCU certificates of deposit
Pros
-
Only a $50 deposit is needed to open an account.
-
Bump-up and IRA certificates available.
-
Wide range of CD terms.
Cons
-
Most of FourLeaf’s CD yields are not competitive.
Similar to FourLeaf's savings account, its certificates of deposit (CDs) have a number of features that make them appealing, but are undermined by low yields almost completely across the board. While its nine-month CD earns a decent yield, all other certificates earn yields far below what you can find with other banks and credit unions.
Even so, FourLeaf has a very low minimum deposit. It also offers a bump-up CD and a selection of IRA CDs, including a bump-up IRA certificate.
FourLeaf FCU Money Market Account
Pros
-
Minimum deposit of only $5.
-
No monthly fee.
Cons
-
Top yield requires $500,000 or more.
-
Higher yields available elsewhere.
-
No check writing privileges or ATM card.
While its low minimum deposit amount and no monthly fee make FourLeaf an attractive money market account (MMA) option on the surface, it suffers when it comes to APYs. In order to get close to the current average MMA rate, you have to deposit at least $250,000. Even its top tier APY, which is only available for balances of $500,000 or more, earns a third of what the best MMAs on the market offer.
FourLeaf FCU Free Checking account
Pros
-
Qualifying accounts can earn interest.
-
No monthly service fee.
-
Over 30,000 fee-free CO-OP ATMs.
Cons
-
Insufficient funds and uncollected funds fees of $30 each.
-
Limited information available on how the overdraft system works.
Of its products, FourLeaf's checking account is probably one of its most solid products. It doesn't charge a monthly service fee, it offers fee-free access to over 30,000 ATMs through its network partnership and qualifying accounts can earn a small amount of interest.
Where it falls down is its unclear overdraft policy. Where some banks have done away with overdraft fees entirely, FourLeaf charges insufficient and uncollected funds fees — both of which are a steep $30. On top of charging these fees, FourLeaf doesn't have explicit information on how the overdraft policy works or how to avoid the fees on its website.
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.
Customer support. Service representatives can be reached from 7:30 a.m. to 7 p.m. ET on weekdays, and 8 a.m. until 2 p.m. on Saturday. Live chat is also available Monday through Friday from 8 a.m. to 5 p.m. ET on the website. 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. FourLeaf users get access to modern digital features, including access to Zelle and digital wallets across multiple platforms.
How FourLeaf Federal Credit Union compares to other banks
Compare different account types offered by FourLeaf Federal Credit Union. Annual percentage yields (APYs) shown were updated between March 27, 2026 and April 2, 2026.
|
Selected bank
FourLeaf Federal Credit Union savings account
Bankrate score
2.7
Bankrate Savings rating = 2.7/5 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
Bankrate score
2.7
Bankrate Savings rating = 2.7/5 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. |
Search for or select a bank:
No banks found
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. |
|---|---|---|
|
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 March 27, 2026 and April 2, 2026.
|
||
| 0.10% | 0.01% | |
|
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 | $5 | |
| In terms of savings accounts, FourLeaf has a number of features that make it appealing, but falls down when it comes to arguably the most important part — the annual percentage yield (APY) offered. You can find much better yields elsewhere, often with similar benefits, like low minimum balance requirements and no monthly maintenance fees. | 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. | |
|
|
N/A
|
|
|
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 deposit for APY:
$5.00
4/5
The minimum deposit amount a financial institution requires in order to open a savings account.
Monthly service fee:
$0.00
5/5
A monthly charge a financial institution deducts from an account; can sometimes be waived if certain requirements are met.
Minimum balance to avoid fee:
$0.00
5/5
The lowest balance an account must maintain to avoid a monthly fee.
Access to funds:
Average
4/5
Access to funds scores how many and which ways you can withdraw and deposit funds from a savings account.
Additional savings tools:
No
0/5
Additional savings tools include features such as sub-accounts, roundup savings or other automatic savings features.
|
APY offering:
0.01%
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 deposit for APY:
$100.00
3/5
The minimum deposit amount a financial institution requires in order to open a savings account.
Monthly service fee:
$0.00
5/5
A monthly charge a financial institution deducts from an account; can sometimes be waived if certain requirements are met.
Minimum balance to avoid fee:
$5.00
5/5
The lowest balance an account must maintain to avoid a monthly fee.
Access to funds:
Great
5/5
Access to funds scores how many and which ways you can withdraw and deposit funds from a savings account.
Additional savings tools:
No
0/5
Additional savings tools include features such as sub-accounts, roundup savings or other automatic savings features.
|
APY, or annual percentage yield, is the yearly return on a bank or investment account. APY includes the effects of compounding interest.
The minimum deposit amount a financial institution requires in order to open a savings account.
A monthly charge a financial institution deducts from an account; can sometimes be waived if certain requirements are met.
The lowest balance an account must maintain to avoid a monthly fee.
Access to funds scores how many and which ways you can withdraw and deposit funds from a savings account.
Additional savings tools include features such as sub-accounts, roundup savings or other automatic savings features.
Bankrate does not currently track additional product details for this bank.
|
Review methodology
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.
