Similar to a savings account, Money Market accounts allow you to readily access your cash, but with greater earning potential. All you have to do is maintain a minimum balance of $2,500. And with great earning rates, your money will grow right before your eyes.
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Minimum Opening Balance: $2,500
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Monthly Service Charge: $10 if balance drops below minimum of $2,500
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Withdrawals/Transfers: Allowed up to six (6) pre-authorized, automatic, online banking, telephone transfers or withdrawals to another Credit Union account, or to a third party during any statement period. No more than three (3) of the six (6) transfers may be made by check, draft, debit card or similar order to a third party.
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This account can be used as an overdraft protection tool and the transfer would count towards the six (6) pre-authorized transfers that are allowed per month
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Dividends are figured on the average daily balance and compounded monthly
No matter how much you can swing, saving money is always a good decision for the short and long term. We’re here to help take a look at your financial situation to see if a Money Market, or an alternative option is the right savings path for you.
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