For smart savers, it’s the next step up.
Those words – “Money Market Account” – aren’t necessarily part of everyone’s financial vocabulary. But they should be. This popular interest-bearing savings account gives your finances an upward kick by out-earning most traditional savings accounts. Money market accounts are insured and guaranteed by the NCUA, making it a safe and secure high interest savings account option.
- Access funds through Digital Banking, or at KEMBA Financial Credit Union branches¹
- No monthly fees with average daily balance of $1,000 or more.
- $10 monthly fee if the minimum balance of $1,000 is not met²
- Earn an even higher Annual Percentage Yield (APY)3 with our exclusive Advantage4 membership
- Secure savings with all deposits insured by National Credit Union Administration (NCUA)
Tiered Rate Structure
A money market account is like a savings and checking account rolled into one. However, there are added benefits which set a money market account apart. A money market account provides a higher interest rate of return than a standard savings or checking account, meaning you earn more interest on your money. Plus, the more you save, the more you earn based on savings tiers. Rates increase according to the following schedule:
- $0 - $999.99
- $1,000 - $9,999.99
- $10,000 - $24,999.99
- $25,000 - $49,999.99
- $50,000 - $99,999.99
- $100,000 - $249,999.99
- $250,000 and up