Money Market Accounts
Take advantage of our money-market accounts to earn higher interest rates on your savings balances while keeping 24/7 access to your money with PowerLink or TARA.
Member's Advantage Money Market (tiered account)
Earn our highest money market rates with a minimum balance of $1,000 without the risk and cost of a brokered account. This tiered account gives you the great advantage of rates automatically going up as your balance increases.
| Money Market Accounts |
| Effective Date: October 6, 2008 |
| Account Type | Minimum
Amount | Interest
Rate | APY* |
| Member's Advantage Money Market Tiered Account. This tiered account gives you the great advantage of rates automatically going up as your balance increases. |
| Member's Advantage Money Market |
$1,000 |
1.490% |
1.50% |
| Member's Advantage Money Market |
$10,000 |
1.736% |
1.75% |
| Member's Advantage Money Market |
$25,000 |
1.982% |
2.00% |
| Member's Advantage Money Market |
$50,000 |
2.227% |
2.25% |
| Member's Advantage Money Market |
$100,000 |
2.472% |
2.50% |
| Member's Advantage Money Market |
$350,000 |
2.960% |
3.00% |
| |
| |
| Premium-Rate Money Market |
$25,000 |
0.499% |
0.50% |
| Premium-Rate Money Market |
$200,000 |
0.747% |
0.75% |
| First-Rate Money Market |
$10,000 |
0.499% |
0.50% |
| Ideal-Rate Money Market |
$1,000 |
0.494% |
0.50% |
Combined with a United Federal Credit Union checking and VISA credit card, our money-market account allows you online, real-time money management – No more interest lost on a check in the mail!
Interest is calculated daily and paid monthly on your account.
During any statement period, you may not make more than six withdrawals or transfers to another credit union account of yours or to a third party by means of a preauthorized or automatic transfer, computer transfer or telephonic order or instruction. No more than three of the six transfers may be made by check, draft, debit card (if applicable), or similar order to a third party. Members Advantage Money Market Disclosure.
Your savings are insured to at least $500,000; a combination of $250,000 provided by the National Credit Union Administration (NCUA), a U.S. federal government agency, and $250,000 by Excess Share Insurance (ESI), a private deposit insurance company.
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