A Money Market Share Account is a type of savings account that offers a higher dividend for keeping a higher balance. The dividend rate paid is higher than the membership share account and lower than a share certificates.
You can access the funds in a Money Market Share Account as often as you like with no fee or penalty. A minimum balance of $500.00 is required to open the account and at least $500.00 must be in the account to earn the monthly dividend.
Dividends are paid on the last day of every month and are calculated using the account's average daily balance for the month. If you're currently a Member and want to add a Money Market account, simply contact us. Use our Membership application to become a Member and open your Money Market account all at once.
Set your Savings Goal and calculate how much you will need to save each month to reach your goal by a specific time.
Savings Accounts
Rates Effective November 8, 2024| Savings | Dividend Rate | APY | Term & Min. Req. to Earn Dividends |
| Share Savings Account Dividends Paid Quarterly | 0.35 | 0.35 | No Term, $25 Required Dividends paid on avg. daily bal. |
| Money Market Shares $500 Min. Bal. Req., Dividends Paid Monthly | Balance $500 - $9,999.00 1.50 | 1.51 | Term = 1 Mo., $500.00 Min. Req. Dividends paid monthly on avg. daily bal. |
| Balance $10,000 - $99,000 1.75 | 1.76 | ||
| Balance $100,000 & Above 2.00 | 2.02 | ||
| Christmas Club Account Dividends Paid Monthly | 0.20 | 0.20 | Term = 1 Mo., No Min. Req. Dividends paid on avg daily bal. |
| APY = Annual Percentage Yield. Rates are subject to change daily and without notice. Dividends are paid on the last day of the dividend period. | |||