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Jumpstart Your Savings with Money Marketplus.
Maximize your earning potential from the very beginning. Our Money Marketplus account is designed to reward you with higher dividends early on, giving your savings the boost they need to grow. As your balance increases, the unique reverse-tier structure continues to deliver a blended rate that outpaces other savings and money market accounts, ensuring your money works harder for you.
- Minimum Opening Deposit: $5,000
- Monthly Dividends: Earn dividends based on the average daily balance, paid monthly.
- Minimum Withdrawal Amount: $500
- Limit of two withdrawals per month without a fee. $25 for each additional withdrawal.
- Access money through Digital Banking, ATMs/ITMs and Voice Banking
- Requirement to earn Dividends: Must be enrolled in eStatements
- One account per member.
Check out how much you could earn compared to other popular savings accounts!
Account Type | Annual Percentage Yield (APY) | 1 Yr Earnings on $10,000 | 1 Yr Earnings on $25,000 | 1 Yr Earnings on $45,000 |
---|---|---|---|---|
Share Savings | 0.10% | $10 | $25 | $50 |
Money Market | 0.15% | $15 | $38 | $68 |
Money Marketplus | Blended % | $234.50 | $462.50 | $762.50 |
There's only upside
Your Money Marketplus balance earns dividends based on tiered rates, rewarding you with the highest yield on your initial balance. Here’s how the rates apply across different portions of your balance:
Balance Portion | Annual Percentage Yield (APY) | Dividend Rate | Minimum Opening Deposit |
---|---|---|---|
Up to $2,499.99 | 5.00% | 4.89% | $5,000.00 |
$2,500.00 - $49,999.99 | 1.50% | 1.49% | $5,000.00 |
$50,000- $499,999.99 | 1.00% | 1.00% | $5,000.00 |
$500,000.00 and above | 0.50% | 0.50% | $5,000.00 |