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News ItemMoney Market AccountsMoney Market Accounts Interest Rate based on Fed Funds Rate as quoted on www.federalreserve.gov/fomc/fundsrate.htm 1,000.00 to 24,999.00 Fed Rate Less 1.50% 25,000.00 to 74,999 Fed Rate Less 1.35% 75,000 and up Fed Rate Less 1.25% Example: Fed Funds Rate 4.75% 1,000.00 to 24,999.00 Fed Rate Less 1.50% is 3.25% 25,000.00 to 74,999 Fed Rate Less 1.35% is 3.40% 75,000 and up Fed Rate Less 1.25% is 3.50% Maximum 6 withdraws per month Excess withdraw fee of $5.00 per withdraw Low Balance fee $10.00 per month is charged if the account goes below minimum balance any time during the month. Interest is calculated daily and posted monthly. Subject to change without notice. The Credit Union Board of Directors has set the rates for the Money Market account above the formula rate. Click on share rates to view the current Money Market rates. |
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