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The Money Market Account is available to members who want a higher rate of return and liquidity of their money with check writing ability. The minimum balance for this account is $2,500 and it offers limited check writing privileges. The dividend structure is tiered according to the account balance.
Product Features:
- $2,500 minimum balance required
- Account pays dividends monthly. If the account balance falls below $2,500 the funds will earn the Regular Share savings rate for that period of time.
- Dividends are tiered based on account balance.
- 6 withdrawals allowed per month including checks.
- $500 minimum check or withdrawal amount
- No ATM or debit card access
- Direct Deposit or Payroll Deduction available.
Product Benefits:
- Convenient. Funds can be deposited via direct deposit, payroll deduction or automatic transfers. Funds are accessible via branch, Touch Tone Teller or web site.
- Smart. Funds earn dividends but are still liquid and easy to access.
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