Money Market Account - Earn higher rates on your savings and still have access to your funds?
Community Alliance CU is the right place, we offer two Money Market Accounts that allow up to six electronic transactions per month and unlimited transactions in person. Interest is computed daily, paid and compounded monthly.
Money Market Account - Maintain a minimum balance of $2,500
Premium Money Market Account - Maintain a minimum balance of $25,000 or more
Money Market Accounts Have Higher Rates Than Savings with Flexibility to Withdrawal Funds
Both Money Market Accounts Offer:
- 24/7 Access to your money
- Deposit your money with Direct Deposit
- Check writing capabilities
- Up to six electronic debit transactions per month
- Dividends are earned daily, paid and compounded monthly
- Unlimited transactions in person at the Credit Union or Service Center
Tiered rates based on your balance:
|Money Market||Share 85||$2,500 - $24,999|
|Premium Money Market||Share 86||$25,000 - $49,999|
|Premium Money Market||Share 86||$50,000 - $99,999|
Interest will not be paid on days the minimum balance is not maintained. This account is not accessible through automatic teller machines or Visa debit cards. There are no overdraft protection options available for this account. You must maintain your minimum average daily balance requirement in your account to avoid a minimum balance fee of $7.50 per month. If more than six transactions are submitted for payment with a calendar month, your account may be assessed a $25 fee per excess item and the item(s) may be returned unpaid.
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