Quorum Federal Credit Union Review 2022
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At a glance
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Checking
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The credit union is a great option for consumers who want free access to thousands of ATMs, in-person banking and modern bank technologies.
Highlights
- Digital Leader
- Free Checking
Overall
Quorum Federal Credit Union is based in Purchase, New York, and serves members nationwide.
Pros
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The credit union offers plenty of ATM access for free.
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It’s easy to become a member.
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Accounts work with Apple Pay, Samsung Pay and Android Pay.
Cons
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There’s no P2P money transfer offering such as Zelle.
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Customer service representatives aren’t available by phone on the weekends.
Quorum Federal Credit Union bank products
Quorum Federal Credit Union savings overview
Pros
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There’s no minimum balance requirement to earn the top APY.
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The account doesn’t charge a fee for customers enrolled in e-statements.
Cons
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The APY is very competitive; those looking for the absolute best rate, however, will still want to shop around.
Bank experience
Quorum Federal Credit Union shines in a number of ways, including with its ATM access.
With the QClassic checking account, you will have access to more than 90,000 ATMs for free across the country.
If you want to do in-person banking, you can. Checking account holders have more than 5,000 shared service centers where they can withdraw cash, make transfers and more.
There is a more limited window to reach a credit union representative on the phone. They aren’t available on weekends, for instance.
On the other hand, you will have access to modern technologies, like Apple Pay, Samsung Pay and Android Pay.
About Quorum Federal Credit Union
Quorum Federal Credit Union was founded in 1934 as the credit union for employees of Kraft Foods. Now, Quorum serves more than 50 companies nationwide. It offers a variety of products, including savings accounts, checking accounts, certificates of deposit and money market accounts.
At Quorum, you can do your banking online as well as in person through one of the credit union's shared service centers. You will also have access to Apple Pay, Samsung Pay and Android Pay.
Anybody can join the credit union by becoming a member of the American Consumer Council or the Select Savers Club.
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.
