WHAT TO EXPECT
Make the most of your money. With a Money Market account, you can earn higher dividends than a share savings, but not have to tie up your money in a share certificate.
With your money market, you can withdrawal up to 3 times a month without a penalty.
A Money Market does not have a specified term and can be withdrawn at any time. You must maintain a minimum balance of $2,000 to earn dividends and the account to stay open.
Quick Facts
• Minimum $2,000.00 initial deposit
• 3 withdrawals per month
• $10.00 fee per withdrawal after 3 per month
• Dividends are paid quarterly and are calculated on an average daily balance. A member must maintain a $2,0000.00 minimum average day to day balance in order to receive dividends.
ACCOUNT TYPE RANGE | DIVIDEND | APY (1) |
---|---|---|
0 - $1,999.99 | 0.10% | 0.10% |
$2,000 - $24,999 | 0.75% | 0.75% |
$25,000 – $49,999 | 1.00% | 1.00% |
$50,000 - $99,999 | 2.25% | 2.27% |
$100,000 & UP | 2.50% | 2.52% |
ACCOUNT TYPE RANGE | DIVIDEND | APY (1) |
---|---|---|
0 - $1,999.99 | 0.10% | 0.10% |
$2,000 - $25,000 | 0.125% | 0.125% |
$25,001 – $250,000 | 0.15% | 0.15% |
$250,001 AND UP | 0.2% | 0.2% |