Money Management Accounts
A Money Management account earns a higher interest rate than a regular share account when balances are over $5,000.
Interest is tiered based upon the balance in the account; the higher the balance in the account the higher the interest rate the more you earn!
Get yours today!
- Existing members can add a Money Managmenet to their account through Virtual Branch
- New members can get started at at one of our four branch offices or by opening their own account online.
- Account is limited to six electronic transactions a month. These consist of transactions made through Virtual Branch, Magic Touch (24-hour telephone access), and overdraft transfers.
- Money Management accounts cannot be accessed through an ATM.
|Money Management Accounts|
|Effective Date: May 1, 2017|
|Minimum Balance||Dividend Rate||APY*||Dividend Paid|
|$0.01 to $2,499.99||$0.01||0.10%||0.10%||Mo|
|$2,500 to $4,999.99||$2,500.00||0.20%||0.20%||Mo|
|$5,000 to $24,999.99||$5,000.00||0.25%||0.25%||Mo|
|$25,000 to $149,999.99||$25,000.00||0.30%||0.30%||Mo|
|$150,000 and up||$150,000.00||0.35%||0.35%||Mo|
|*APY = Annual Percentage Yield. Annual Percentage Yield is the total amount of dividends paid on an account, based on the dividend rate and the frequency of monthly compounding for a 365-day period, and expressed as a percentage.|
Go to main navigation