Money Market accounts disclosures, rates and fees
Each account holder agrees to the terms set forth on this Account Rate Schedule and acknowledges that it and the Truth in Savings Disclosure are part of the Membership and Account Agreement. Federal Regulation D limits pre-authorized, automatic telephone transfers and online transfers from savings and money market accounts to another account of yours or to a third party in any amount to no more than six per month. The credit union may offer other rates in the future. Fees or other conditions may reduce the earnings of an account.
|Account||Minimum balance to earn dividends*||Dividend rate||Annual Percentage Yield (APY)|
|Investor's Money Market||$10,000.00||See chart below||See chart below|
Minimum balance to open a Money Market account is $5.00.
Minimum balance to open an Investor's Money Market account is $10,000.00.
|* Minimum balance that must be maintained each day to earn dividends.|
|For account balances of||Dividend rate||Annual Percentage Yield (APY)|
|$10,000 - $24,999||0.35%||0.35%|
|$25,000 - $49,999||0.50%||0.50%|
|$50,000 - $99,999||0.60%||0.60%|
|$100,000 and more||0.75%||0.75%|
|Premier, Enhanced and Essential are categories of the Member Merits program, a program that rewards members based on the member’s relationship with the credit union. Enhanced and Premier Member Merits categories enjoy reduced rates on consumer loans, increased rates on certificate account types and a reduction in account fees. See the Member Merits reward program page for details.|
Balances of $1,000 of more
Balances of less than $1,000
|Investor's Money Market|
Balances of $10,000 or more
Balances less than $10,000
Early closure fee (accounts held less than 90 days)