Money Market Accounts

Our Money Market Deposit Accounts (MMDA) have incredible advantages over our standard savings accounts:

• Earns a higher quarterly interest dividend than a Share Account
• Your money is available to you anytime without any fees or penalties
• Your money is federally insured
• Deposits can be made by direct deposit or payroll deduction

If you are looking to save long term, but also want accessibility in case of an emergency, then a Money Market Deposit Account may be for you. It just requires $2,500 to start. Money Market Deposit Accounts (MMDA) provide unique benefits for members who maintain a high balance in their MMDA account but want the ability to access the funds regularly.

Our Elite Money Market Deposit Accounts (EMMDA) provides a high interest alternative for those looking to save long term. Benefits include:

• Earns a higher quarterly interest dividend than any other deposit account
• You may withdraw from this account 3 times per month without penalty
• Your money is federally insured
• Deposits can be made by direct deposit or payroll deduction

Check out our current Money Market Rates here.

If you are looking to save long term, are also looking for accessibility in case of an emergency and have $10,000 to start, then an Elite Money Market Deposit Account may be for you. Elite Money Market Deposit Accounts (EMMDA) provide higher interest for those that don’t need to use the money immediately, but would still like a more fluid option than a CD.