Basic savings interest accounts at Beehive have a low minimum balance requirement of $25. Interest is paid quarterly on balances over $100.

With a Provo Beehive Credit Union money market account you can earn high interest and still have access to your money. Beehive offers three different types of high money market accounts for Utah credit union members.

Provo Beehive Credit Union’s traditional high money market account pays interest on balances over $5000. The interest rates increase as your balance grows. Orem credit union account holders can make six withdrawals per month without incurring any fees. See http://www.beehivecredit.com for money market account rates.

If you already do your banking online, an online money market account is probably the best type of money market account for you. The Provo Beehive Credit Union online high interest account is similar to the traditional money market account, however, it must be applied for and opened on Beehive’s Deposits website. (Most online bankers wouldn’t want to do it any other way.)

Provo Beehive Credit Union’s high yield money market savings account is for Utah credit union members who have a balance of $30,000 or more. These accounts pay monthly rates interest using a day-in-to-day-out computation method.

Provo Beehive Credit Union also offers interest earning checking accounts. Beehive’s Free Bee Checking pays interest monthly on average daily balances over $500.

If you need more information about these accounts, call 801-484-8811 to talk to a trustworthy account specialist.

There is no reason not to earn interest on your money at Provo Beehive Credit Union.

At Provo Beehive Credit Union, we provide credit union services designed to protect your information. E-Statements are a secure record of your account activity and cannot be stolen from your mailbox. When contacting us online, be sure to use our online secure form which can be accessed from http://www.beehivecredit.com.

Though online fraud is a continual threat for Provo credit union bankers, identity theft is more often committed offline.

A recent Javelin Identity Fraud Survey Report contains some surprising facts about identity theft:

The most frequently reported source of information used to commit fraud is a lost/stolen wallet or checkbook.

Among cases where the perpetrator’s identity is known, half of all identity fraud is committed by a friend, family member, relative, neighbor or in-home employee.

The majority of identity fraud crimes are self-detected.

It is important to review your Orem bank or credit union account activity on a regular basis. Obtaining and reading your credit report can also alert you to problems. Ironically, there are a multitude of credit report scams, so be sure to see http://www.beehivecredit.com for instructions on safely ordering a free credit report from an agency approved by the Federal Trade Commission.

If you haven’t read the Provo Beehive Credit Union fraud alerts on our website, we urge you to do it soon. We hope our members use the valuable information to help protect themselves from identity theft and banking scams.