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Our Money Market Savings Accounts offer great rates and easy accessibility.
The Money Market Account (MMA) is a high-yield savings account that earns money market rates and allows daily access with no early withdrawal penalties. MMAs are a great alternative to locking your money into a Term Certificate account. Deposits and withdrawals have no maturity date restrictions with MMAs.
An initial deposit of $2,500 is required to open a MMA, and the daily balance must be at least $2,500 to earn the money market dividend rate. The MMA is a tiered rate account which means higher balances earn higher dividends. Dividend rates are based on current market conditions and may change periodically.
Other features Include:
- Competitive tiered divided rates, compounded daily and paid monthly.
- Easy access to your money through checks, transfers, and online banking. There is a limit of 6 withdrawals per month, only 3 of which can be by check.*
- No monthly service fee when you maintain a minimum daily balance of $2,500. Service fees may apply if balance falls below the minimum.
- There is no early withdrawal penalty.
- MMA balances below $2,500 minimum, earn interest at the current regular share draft/checking rate.
- Your first box of MMA checks are free.
- Multiple deposit options including direct deposit and automatic transfers.
- 24/7 account access with TellerPhone, and Online Banking.
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APY** |
| $100.00 - $2,499.99 |
0.35% |
| $2,500.00 - $9,999.99 |
1.77% |
| $10,000.00 - $24,999.99 |
2.28% |
| $25,000.00 - $49,999.99 |
2.53% |
| $50,000.00 - $99,999.99 |
2.79% |
| $100,000.00 + |
3.04% |
*Transaction limitations apply.
**APY means Annual Percentage Yield. The assessment of any applicable fees will reduce the APY. Rates are subject to change without notice.
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