Money Market
Flexibility to Earn with Total Liquidity
Your money is always available.
A UFCU Money Market account1 offers high-yield, short-term savings that earns interest while giving you access to your funds without penalty at any time.
You’ll need $2,500 to open an account, and tiered-rate earnings pay you more as your balance grows.
Ideal for Higher Yield, Short-Term Savings
A Money Market Account lets you maximize your earnings at a higher rate than a regular savings account while accessing your funds anytime without penalty. Keep access to your funds when you need them through Online Banking and the Mobile app.
Your funds are safe with NCUA federal deposit insurance, which covers up to $250,000 per individual depositor.
Get paid more as your balances grow, thanks to our tiered rates.
Qualifying accounts can earn a higher dividend with our Bonus Dividend option: Earn more on balances less than $10,000 in Money Market Share deposits. We’ll automatically apply your bonus dividend rate when you perform at least 10 qualifying checking account transactions in a single month, including debit card purchases.
Rates
| Money Market Tier | Rate | APY Range | APY Range (with Bonus Dividend)* |
|---|---|---|---|
| $0 to $10,000 | 0.010% | 0.01% | 0.01% |
| $0 to $10,000 w/ Bonus Dividend * | 0.060% | 0.06% | 0.06% |
| $10,000 to $49,999.99 | 0.150% | 0.01-0.12% | 0.06–0.13% |
| $50,000 to $99,999.99 | 0.499% | 0.12-0.31% | 0.13-0.32% |
| $100,000 to $499,999.99 | 0.995% | 0.31-0.86% | 0.32-0.86% |
| $500,000 to $999,999.99 | 2.472% | 0.86-1.68% | 0.86-1.68% |
| $1,000,000 and Greater | 3.203% | 1.68-3.25% | 1.68-3.25% |
FAQs
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A money market account offers flexible, high-yield savings that earns interest while continuing to provide access to your funds any time, day or night. You can access your funds without penalty anytime.
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You can view and access your available money market funds immediately through UFCU Online Banking, Mobile Banking, Phone Banking, or by stopping by any location.
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There is a minimum deposit required to open a money market account ($2,500). When money market accounts have a zero balance, they will be closed automatically. But any account with a balance of $.01 or more can remain open.
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Interest is posted monthly to your money market account. The transaction description will appear in your account history and statement as “dividend.”
Related Products and Services
Plus Checking Account
The Plus Checking Account earns dividends and other extras. The monthly fee is automatically waived when you meet the requirements.
Premier Banking
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