Money Market Accounts

The Money Market Deposit Account (MMDA) gives the Member a unique combination of benefits. It pays a higher yield than a Regular Share Account and keeps the Member’s money liquid.

  • Only $2,500 is required to open the MMDA.
  • The MMDA earns a higher yield than a Share Account.
  • Member’s money remains liquid in the MMDA.
  • If the balance falls below $2,500, the dividend earned will default to the current share rate.
  • Dividends are calculated on the daily balance and paid monthly.

The High Yield Money Market Account (HYMMA) gives the Member a unique combination of benefits. It pays a higher yield than the Money Market Deposit Account and keeps the Member’s money liquid.

  • $25,000 is required to open the HYMMA.
  • The HYMMA earns a higher yield than the Money Market Deposit Account.
  • Member’s money remains liquid in the HYMMA.
  • If the balance falls below $25,000, the dividend earned will default to the current share rate.
  • Up to three checks per month may be written on the HYMMA
  • Dividends are calculated on the Daily Balance and paid monthly.

How to Become a Member and Open Your Money Market Account – It’s Quick and It’s Easy

  • Fill Out Our On-Line Member Application.
  • Come By One of Our Convenient Locations with Identification and Sign the Signature Card
  • Make Your Initial Deposit of $2,500 or $25,000.

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