|Balance Tier*||Dividend Rate||APY*|
|$0.01 – $2,499.99||0.05||0.05|
|$2,500.00 – $9,999.99||0.05||0.05|
|$10,000.00 – $24,999.99||0.05||0.05|
|$25,000.00 – $49,999.99||0.05||0.05|
|$50,000.00 or more||0.05||0.05|
A Money Market account offers you higher dividends than typical savings accounts. Unlike a share certificate or a bank’s certificate of deposit (CD), you maintain liquidity and can add more funds at any time. You can even set up a direct deposit to go into your Money Market account.
Open your Money Market account with at least $2,500.00. You may withdraw† from this account for free up to three (3) times per month. For each additional withdrawal or transfer, there is a Withdrawal Fee of $10 each.
†You may make up to six (6) withdrawals/transfers per calendar month to another account of yours or a third party by means of a check or share draft, preauthorized or automatic transfer, or telephonic (including data transmission) agreement.
*APY = Annual Percentage Yield. The Money Market account is a tiered rate account. Once a particular range is met, the dividend rate and APY for that balance range will apply to the full balance of your account. Dividend rates and APY may change after the account is opened without notice. Fees may reduce earnings. Rates stated effective as of March 15, 2020.