premium money market account
Higher Rates for Higher Balances
If you're looking for a savings program that offers a secure way to save with convenient access to your funds, then our Premium Money Market Account may be for you. With a minimum opening deposit of $25,000, it's specially designed to reward you for your higher savings balance. The interest rate you earn is variable, and is generally higher than the rate on other insured savings accounts. At the same time, your money is accessible to you, and you can increase your balance with additional deposits at any time.
Access and manage your Premium Money Market Account online with Service1st@Home or through Teller-Phone 24 hours a day, 7 days a week. You can also set up Direct Deposit for your Premium Money Market Account or utilize our auto transfer service to make regular deposits to your Premium Money Market Account.
Add More Power to Your Money
The rate on the Premium Money Market Account is adjusted at regular intervals as current interest rates change. And you can increase your earning capacity with this high balance, high rate account. There are no fees as long as you maintain a minimum daily balance of $25,000 and do not exceed six withdrawals per month.* If your balance falls below $25,000 you'll be assessed a service fee.
A daily periodic rate is applied to the principal balance in your account each day. Dividends are compounded monthly and are posted to your account on a monthly basis.
premium money market:
|balances of $25,000 or more||$25,000.00||0.45%||0.45%
Funds insured up to $250,000 by the NCUA, National Credit Union Administration
*APY = Annual Percentage Yield. The APY is current as of 12/1/2018. Fees could reduce earnings to the account. All Credit Union programs, rates, terms and conditions are subject to change at any time without notice. Call us at 800.562.6049 for current information. Please review the Truth In Savings Disclosure for Share/Share Draft Accounts.
* Minimum withdrawal is $100. If you write more than three checks against your Premium Money Market Account per month, there is a charge per item.
** The Premium Money Market Account APY (Annual Percentage Yield) may change without notice. Fees could reduce earnings on the account.