Traditionally, the interest paid on Money Market Accounts is higher than it is on Savings and Checking Accounts. When interest rates eventually do go up, the interest paid on Money Market Accounts will likely go up faster than on Regular Savings Accounts. If you have at least $2,500 and think the money will be there a while, opening a Money Market Account might be the right way to go.
Low minimum opening balance
Minimum opening balance $2,500
High Yield Money Market minimum deposit $50,000
Maintain Cash Access
Make up to six outgoing transfers or withdrawals per month with no fee. These transactions may be made in person, on the phone or online. Transactions exceeding six in any given month are subject to account fees.
Insured Safe by NCUA
Your deposits are insured safe to $250,000 by the National Credit Union Administration, an agency of the U.S. Government