- Money Market Deposit Account Investopedia
- Money Market Deposit Accounts And Certificates Of Deposit Are Officially Called
Higher Yields + Unlimited Withdrawals
Take your deposits to the next level with a GFCU Money Market Deposit Account. Move up to an account that has the potential for higher returns over a traditional savings account. Benefit from higher rates and check writing privileges while saving for your next financial goal. This account is ideal for savers who maintain higher deposit balances.
- Money market account: Money market accounts are similar to savings accounts, but they require you to maintain a higher balance to avoid a monthly service fee. Where savings accounts usually have a fixed interest rate, these accounts have rates that vary regularly based on money markets.
- Open a money market account at Regions and start earning interest at competitive rates. Visit us online today to learn more about money market rates today! 30% discount on one safe deposit box rental with an additional 10% discount if payment is set up for auto debit from a Regions account.
Open an account for a minimum of $2,000 and benefit from unlimited in-person withdrawals and transfers.
Money Market Deposit Accounts are insured and allow you earn higher dividends as your balance increases.
- Open with a $2,000 minimum deposit
- Get a dividend rate as high as 0.35% APY*
- UNLIMITED in-person withdrawals and transfers
- Funds federally insured up to $250,000
A money market account is a type of savings deposit account that can be found at banks and credit unions. These high-rate money market accounts may pay a higher interest rate than traditional. Retirement Sweep Deposit Account: RSDA: Sweeps cash balances into E.TRADE's affiliated banks, E.TRADE Savings Bank and E.TRADE Bank: 0.01%: FDIC-insured up to $500,000 4 check View details: JPMorgan US Government Money Market Fund, Capital Class: OGVXX: A money market mutual fund seeking high current income with liquidity and stability of principal.
Money Market Rates
| Daily Balance | Dividend Rate | Annual Yield (APY) |
|---|---|---|
| $2,000-$25,000 | 0.25% | 0.25% |
| $25,000.01-$50,000 | 0.30% | 0.30% |
| $50,000.01+ | 0.35% | 0.35% |
Money Market Deposit Account Investopedia
All rates are Annual Percentage Yields (APY). The APY is as of 02/25/2021.
There are many ways to become a member, and you can establish your membership with just $5. There are also many benefits to becoming a member of a credit union, including access to dividend-yielding savings and deposit accounts, as well as competitive loans and credit products.
Money Market Deposit Accounts And Certificates Of Deposit Are Officially Called
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