Money Market Accounts
Savings to Fit Your Goals
Our Money Market accounts help you save while keeping your funds liquid and accessible—earning more without the risks of traditional investments. With above-market rates and tiered interest levels, the more you save, the more you earn.
When to Choose a Money Market Account
Money market accounts function like a hybrid savings-checking account, with higher returns on savings without locking your funds into a long-term certificate of deposit, but they typically require higher minimum holdings than basic savings accounts to maintain growth.
Money Market Terms & Requirements
Our money market accounts are offered in tiers, beginning with a minimum required balance of $1,000. This minimum balance must be maintained to receive the higher savings rate on the account and avoid fees.
Key Features & Benefits:
- Tiered Interest Rates: Earn more as your balance grows, with interest paid monthly.
- Fluid & Flexible: As long as your minimum deposit is met, you can add or withdraw your savings as needed, without losing your return on funds left in the account.*
- 24/7 Access: Manage your funds anytime through online and mobile banking.
- Safety You Can Trust: Your money is safely insured, giving you peace of mind as you save.
Not sure if a money market account is for you? We also have a Liquid Saver Account for individuals looking to meet a lower minimum holding, while still earning higher returns on their savings. Let’s compare the two below:
| Money Market | Liquid Saver | |
|---|---|---|
| Rates: | See Rates | See Rates |
| Tiers: | Earn on 6 Tiers - $2,500-$250,000+ | Earn on 6 Tiers - $250-$50,000+ |
| Minimum to Open: | $1,000 Minimum balance fee will be charged monthly at the end of the month if balance falls below $1,000 at any point during the month. | $250 |
| Deposits: | Unlimited | Unlimited free deposits $250 or more. |
| Withdrawals: | Up to three free withdrawals per month without fee. | Unlimited free withdrawals of $250 or more. |
| Best for: | Savings account that allows you to earn a higher competitive rate of interest on your deposits like a certificate but without being stuck to a term. | Ideal for anyone who wants to help their savings grow but may need more frequent access to their funds than a money market. |
*APY = Annual Percentage Yield. Rates subject to change. Offer available for a limited time only. Interest is compounded and credited monthly. Rates are not available to businesses. Fees may reduce earnings. See fee Schedule.
Start Earning More Today!
Reach out to discuss our current, competitive rates and see how easy it is to make your money work harder for you.