Routing #272481004

Become a Member
Money Market | Senior couple walking on beach

Money Market

We are excited to announce our new tiered savings account - Money Market. This account will make you money by automatically updating its rate based on your actual balance. The new Money Market savings has replaces your current Gold Savings.

Beginning April 1, 2022, you will notice in Online Banking and the Mobile App that your Gold Savings account is now called "Money Market." Your funds will not be affected from the introduction of the Money Market account.

Reference the table below for the tiered rate structure of our new Money Market account and how your balance could affect your rate going forward.

Money Market Truth in Savings

Money Market Account Details

Minimum Balance: $1.00          Dividend Period: Monthly


Tiered Rate Structure

Tier For Balance Greater Than Rate APY
Tier 0 (Base) $1.00 .20% .20%
Tier 1 $2,500.00 .30% .30%
Tier 2 $5,000.00 .40% .40%

Rate Information

The current Rate and Annual Percentage Yield (APY) on these accounts were last declared as shown above. The Current Dividend Rate ad Annual Percentage Yield (APY) may change every dividend period. The Money Market is a tiered rate account. See the Tiered Rate Structure above. Once a tier is met, the Interest Rate and Annual Percentage Yield for that tier will apply to the full balance on your account.


Nature of Dividends

Dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period.


Compounding and Crediting

Dividends will be compounded and credited according to the Dividend Periods shown above. The dividend period begins on the first calendar day of the month and ends on the last calendar day of the month. If you close your account before dividends are paid, you will not receive the accrued dividends.


Minimum Balance Requirements

The minimum balance required to open this account is $1.00. We reserve the right to transfer the funds to savings and close the Money Market if the account balance remains below the minimum for an extended period.


Balance Computation Method

Dividends are calculated by the average daily balance method which applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the balance in the account for each day of the period and dividing that figure by the number of days.


Accrual of Dividends on Non-Cash Deposits

Dividends will begin to accrue on the business day you deposit non-cash items (e.g. checks) to your account.


Transaction Limitations

There are no transaction limitations on this account.

* Rates Accurate As of May 23, 2024

Note: Fees could reduce earnings on the account.

*APY is Annual Percentage Yield.


Working together as the most trusted resource to help our members' financial lives be simply better.