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Money Market Account

Money Market Account

Open A Money Market Account

A Money Market Account is similar to a Checking Account however it pays a higher interest rate as long as you maintain a minimum balance of $2,000. If your Checking Account typically has a balance over $2,000 you may want to consider opening a Money Market Account to earn interest.

You can open a Money Market Account with an initial deposit of $2,500. As long as your balance stays over $2,000 you’ll continue to receive interest on your funds. There are no monthly service fees unless your account balance drops below $500.

A Money Market Account is not the type of account you pay your daily bills from. It’s designed as a way to keep a sizeable amount of savings available so you can write a sizeable check at any time.

Money Market Account Features

  • Write up to four checks per month without a penalty.
  • Make up to three non-check withdrawals per month.
  • Authorize up to six pre-authorized drafts per month.
  • Receive low-cost custom Money Market checks.
 
Coins falling out of jar

Money Market Account Rates 

Account Type Interest rate* Annual Percentage Yield (APY)* Interest Calculation Method Interest Paid Interest Paid on Amount Over
TEXT
Preferred Money Market
TEXT
0.05%
TEXT
0.05%
TEXT
Daily Balance
TEXT
Monthly
TEXT
$2,000.00
Effective October 1, 2019
Account Type

Preferred Money Market

Interest rate*

0.05%

Annual Percentage Yield (APY)*

0.05%

Interest Calculation Method

Daily Balance

Interest Paid

Monthly

Interest Paid on Amount Over

$2,000.00

Effective October 1, 2019

* Fees could reduce the earnings. Rate/Yield on the above account is subject to change daily. Questions? Call 1-800-543-2811.

Money Market Account Resources

Budget ebook cover and spineBudgeting Your Savings

It’s essential that you have good budgeting habits to increase your savings. Whether you’re budgeting and saving for a one-time event like a wedding, saving for a major life change like having a baby, or getting better at managing daily spending and saving in general, this eBook will help!

Full of budget templates and tips about creating a budget and tricks for sticking to it, this guide is essential for your future saving goals. With some organization and a good plan, you’ll be adding deposits to your Savings Account regularly.

Claim Your Copy!


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Open a Money Market Account Today!

Open A Money Market Account