Your solution for a better savings rate without locking your money in a CD.

A Money Market Account is a Savings Account with some of the benefits and features of both a CD and a Checking Account. The interest rate on a Money Market Account will fall between a high CD rate and a low Savings Account rate.

  • Minimum required deposit of $2,500 for a Money Market Account
  • Dividends Paid Quarterly
  • Check Writing Privileges
  • Interest based on average daily balance.
  • Include up to 6 withdrawals or transfers per month for free. There is a $1 charge per withdrawal after that.
  • Insured up to $500,000 with us – NCUA for up to $250,000 and ESI up to $250,000.

It’s different from a Checking Account in that it does not allow a debit card and has a limit of no more than six withdrawals or transfers to another account or to a third party by means of a preauthorized transfer, by telephone order or instructions, or by check, draft or similar order per month.

Checking Savings Money Market CD
NCUA Insurance
Yes Yes Yes Yes
ESI Insurance
Yes Yes Yes Yes
Check-Writing Yes No Yes No
Debit/ATM Card
Yes No No No
Liquidity Yes Yes Yes No
Limited Transactions
No Yes – 6 withdrawals per month Yes – 6 withdrawals per month Yes – Penalties on withdrawals
Relative APY
Low Low High High
Interest Type
Variable Variable Variable Fixed