You can open a Mutual Savings Credit Union Money Market Account with a minimum deposit of $1,000. With a Money Market Account, you'll earn higher dividends than you do in most bank savings accounts, however your funds will remain easily accessible. You'll have the option of Money Market checks and the peace of mind of knowing your funds are insured up to $250,000 by the National Credit Union Administration. A minimum average daily balance of $1,000 also is required to obtain Annual Percentage Yield and to avoid fees on your account.
Other Features include:
- Competitive dividend rates
- You are allowed six withdrawals or transfers per month
- 24 hour account access via Home Banking and Audio Response
- Monthly statements by mail or eStatements
Please contact us if you have any questions about Money Market Accounts.