Money Market Accounts


Earnings and Convenience on Your Terms

Combine the security of a savings account with the flexibility of checking in a money market account. Earn higher rates and get check-writing privileges*, and tiered dividend rates give you greater flexibility.

Unlike uninsured money market funds, MEFCU's money market accounts provide the security of federal insurance. The minimum opening deposit is $2,500.

*Make up to six preauthorized transfers monthly, including three checks; unlimited in-person transactions     

Regular Money Market

Effective Date: 07/01/2017

Rates

Daily Balance to Earn APY*
Prospective Dividend Rate
Prospective Annual Percentage Yield(APY)
Minimum Deposit to Open
$2500

to $49,999.99
0.15%
0.15%
$2,500
$50,000 or More
0.20%
0.20%
$2,500

After account is opened, rates may change at any time and without notice at the discretion of the Credit Union Board of Directors.

*You must maintain the average daily balance to obtain the disclosed annual percentage yield. Fees may reduce earnings on accounts. See Schedule of Account Fees for more information.

Need more flexibility for higher balances?


 

If you maintain a combined share/loan balance of $50,000 or more, consider MEFCU Concierge Gold and open a Concierge Money Market for even higher earnings.
 

Concierge Gold Money Market

Effective Date: 07/01/2017

Rates

Daily Balance to Earn APY
Prospective Dividend Rate
Prospective Annual Percentage Yield(APY)
Minimum Deposit to Open
$2500

to $49,999.99
0.20%
0.20%
$2,500
$50,000 or More
0.25%
0.25%
$2,500

After account is opened, rates may change at any time and without notice at the discretion of the Credit Union Board of Directors.
 

 
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