Money Market Rates

MONEY MARKET RATES

money_growth

MONEY MARKET ACCOUNT

If you typically maintain a balance of $2,500 or more in your savings account, you could be earning a higher interest rate with one of our Money Market Accounts.

The Money Market Account pays interest monthly and is a great way to save for the future.  The interest rate is variable and may change daily.

Money Market accounts are a perfect combination of savings and checking. You earn more than a savings account. Open with as little as a $2,500 deposit.


Current Money Market Rates

Effective Date: October 1, 2020

Minimum Maximum Dividend Rate APY*
$ 2,500 $ 10,000 .15 % .15 %
$ 10,001 $ 25,000 .20 % .20 %
$ 25,001 $ 50,000 .25 % .25 %
$ 50,001 $ 100,000 .30 % .30 %
$ 100,001 $ No Limit .35 % .35 %


*APY= Annual Percentage Yield. Minimum deposit/balance and withdrawal restrictions apply. Dividend rate may change after account is opened. Fees could reduce the earnings on the account.  A penalty may be imposed for early withdrawal.

Calculate How Much You Can Save*

Initial Amount:
Monthly Deposit
Annual Interest (Compounded)
Number of Years:
 
*Calculators are for estimating purposes only. The accuracy of our calculators and there applicability to your circumstances are not guaranteed. You should consult with a qualified professional regarding your particular circumstances.


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