Money Market Accounts
A Money Market is a great way to save! The dividends will be calculated from the date of deposit to date of withdrawal. Dividends are posted monthly on the first day of the following month.
Features
- Dividends posted monthly
- Easily Accessible
Requirements
- Money Market: $1,000 Minimum Opening Deposit
- Platinum Money Market: $50,000.00 Minimum Opening Deposit
| Money Market Accounts | APY* | Dividend Rate |
|---|---|---|
| Dividends Posted Monthly | ||
| $1,000-$19,999 | 0.65% | 0.65% |
| $20,000-$49,999 | 2.00% | 1.98% |
| $50,000-$99,999 | 2.25% | 2.23% |
| $100,000 or more | 2.75% | 2.72% |
| *APY = Annual Percentage Yield. Rates current as of 03/01/2024. All rates, terms, conditions, and programs are subject to change at the discretion of the Credit Union. Fees may reduce earnings. Minimum balance required to earn the stated APY listed above. MC Federal Credit Union membership is required. | ||
| Platinum Money Market (Min. $50k) | APY* | Dividend Rate |
|---|---|---|
| Dividends Posted Monthly | 2.25% | 2.23% |
| *APY = Annual Percentage Yield. Rates current as of 03/01/2024. All rates, terms, conditions, and programs are subject to change at the discretion of the Credit Union. Minimum $50,000 balance required to earn the stated APY. Fees may reduce earnings. MC Federal Credit Union membership is required. | ||
