Earn More, Access More: Money Market Savings
Looking to grow your savings without sacrificing access to your funds? A Money Market Savings Account could be just what you need, combining flexible access with premium interest rates. You’ll enjoy competitive rates, convenient access, and the confidence to save with a trusted partner.
Enjoy flexibility and earn a premium interest rate
Money Market Plus account requires a minimum deposit of $1,000, offers interest calculated based upon the daily balance, and is paid and compounded monthly. Dividend rates are tiered, offering higher rates for higher balances!
Should I open a money market savings account?
Yes, if you want to build interest, have access to funds in a pinch, and plan to have balances over $1,000 combined with an insured credit union account’s safety.
Advantages
Money Market accounts have a higher interest rate than you would receive with a regular savings account. Plus, you can also write checks from the account.
Benefits
- Higher balances earn higher rates.
- Six (6) preauthorized transfers and/or withdrawals per statement cycle
- $1,000 minimum deposit to open
Money Market Account Rates
Rates Effective as of: 12-03-2024Minimum Deposit | Dividend/Interest Rate | APY² |
---|---|---|
$1,000 - $2,499 | 0.349% | 0.35% |
$2,500- $9,999 | 0.499% | 0.50% |
$10,000-$24,999 | 0.598% | 0.60% |
$25,000-$49,999 | 1.094% | 1.10% |
$50,000-$99,999 | 1.144% | 1.15% |
$100,000-$249,999 | 1.243% | 1.25% |
$250,000 and Above | 2.960% | 3.00% |
APY=Annual Percentage Yield
Money Market IRA Rates
Rates Effective as of: 12-03-2024Minimum Deposit | Dividend/Interest Rate | APY² |
---|---|---|
$1,000 to $4,999 | 0.349% | 0.35% |
$5,000 to $24,999 | 0.499% | 0.50% |
$25,000 to $49,999 | 1.094% | 1.10% |
Frequently Asked Questions
Disclosures
People Driven Credit Union savings are Federally insured to at least $250,000 by the NCUA and backed by the full faith and credit of the United States Government. Rates are effective as of today and may change at any time. Penalties apply for early withdrawal. View our Privacy Policy.