If you’re looking to earn a higher interest rate than a traditional savings account but want to maintain access to your funds, consider opening a Money Market Account.
- $5 minimum opening balance
- $2,500 minimum balance to earn interest
- Unlimited transactions, minimum $250 per transaction
Money Market Accounts
Effective Date: Monday, June 5th, 2023
Subject to change. Dividends are calculated daily and credited monthly.
| Type of Account | Annual Percentage Yield (APY) | Dividend Rate | Minimum to Earn Interest |
|---|---|---|---|
| Tiered Rates | 0.05% | 0.05% | $2,500 - $9,999.99 |
| 0.15% | 0.15% | $10,000 - $24,999.99 | |
| 0.20% | 0.20% | $25,000 - $49,999.00 | |
| 0.30% | 0.30% | $50,000 and up |