Insured Money Market Account
If you seek security and flexibility in your savings plans, consider an Insured Money Market account.
With an Insured Money Market account, you can deposit funds as often as you want – allowing you to increase your balance and earn higher interest rates.
Benefits of an Insured Money Market Account:
- No minimum balance requirement to open or maintain
- Dividend earnings based on tiered balance amounts
- Add money at any time
- No monthly service fee
- Unlimited in-person withdrawals
- NCUA insurance
Already a Member?
Manage your account 24/7.
With free online and mobile banking tools you can manage your Insured Money Market anytime, anywhere.
Frequently Asked Questions
-
What is an Insured Money Market Account?
An Insured Money Market account is a savings account that offers flexible access to funds while earning tiered dividend rates based on account balances. -
Do I have to maintain a minimum balance on my Money Market Account?
No, there is no minimum balance required to maintain or open an Insured Money Market Account. -
How many withdrawals can I make from my Money Market Account?
Members can make deposits into the account at any time. -
How does an Insured Money Market work?
Members can deposit money into the account at any time and earn higher dividend rates as their balance grows. -
What are tiered dividend rates?
Tiered dividend rates allow members with higher account balances to earn higher dividend rates. -
Is an Insured Money Market account good for flexible savings?
Yes. Insured Money Market accounts are designed for members who want flexible access to savings while earning competitive dividend rates. -
Is an Insured Money Market account federally insured?
Insured Money Market accounts are federally insured by the National Credit Union Administration up to applicable limits. -
What is the difference between an Insured Money Market account and a Traditional Savings account?
Insured Money Market accounts typically offer tiered dividend rates and flexible access to funds while allowing members to earn more as balances increase.