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.
Tiered Money Market Levels
What you need to know about money markets:
You can open a money market account with a minimum of $2,500.
The money market pays dividends monthly, calculated on the daily balance.
You are able to write three (3) checks off of your money market monthly, and complete six (6) automated transactions per month.
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.