AAA Federal Credit Union offers Money Market Accounts. A Money Market Account can be used as a Savings Acccout or as a Checking Account. A Money Market Account is a great way to earn a higher interest rate if you don’t want to tie up funds for months in a Certificate of Deposit.
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Tiered Money Market Levels
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| $2,500-$9,999.99 | 0.25% APY |
| $10,000-$24,999.99 | 0.30% APY |
| $25,000-$49,999.99 | 0.35% APY |
| $50,000+ | 0.35% APY |
What you need to know about money markets:
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You can open a money market account with a minimum of $2,500.
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The money market pays dividends monthly, calculated on the daily balance.
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You are able to write three (3) checks off of your money market monthly, and complete six (6) automated transactions per month.
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We allow you to access your money and unlimited amount of times through teller transactions.
For more information about Money Market Accounts or to open a Money Market Account contact one of our three offices.
* If your money market balance should fall below $2,500.00 you will not receive dividends and will incur a $5.00 fee.
** APY = Annual Percentage Yield
Rates are subject to change and are current as of April 18, 2013.
