Want to save at a higher rate and enjoy flexible access to your money? The Credit Union’s got just the account for you!
Increasing your savings at a higher rate doesn't have to mean sacrificing freedom. Here's the proof.
A Money Market account means:
- No minimum balance to open.
- No minimum monthly balance required and no monthly maintenance fees.
- Easy transfers from any account—even external institutions.
- Up to six withdrawals1 each month without penalty.
- A higher interest than a typical savings account.
1During any statement cycle, no more than six withdrawals or transfers to another credit union account or to a third party by means of a preauthorized, automatic, or computer transfer or telephonic order or instruction. No more than three of the six transfers may be made by check, draft, check card (if applicable), or similar order to a third party. Exceeding the withdrawal limit will result in a $3 fee for each additional transaction and the account may be subject to closure by the credit union. Balances that fall below $1,000 will earn the Regular savings rate.
The dividend rate and annual percentage yield (APY) may change at any time. Dividends are calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day. The dividend period for this account is monthly. Dividends will begin to accrue on the business day non-cash items are placed (for example checks) into the account.
IRA Money Market dividends are calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day. The dividend period for this account is monthly. Dividends will begin to accrue on the business day you place non-cash items (for example checks) to your account. IRA Money Markets are not available in Puerto Rico.