Money Market Accounts
Full Access to Your Funds
Flexible Rate Options
Funds Federally Insured up to $250,000
Money Market Accounts give you higher rates without tying up your funds. Unlike a Certificate which locks in your money for a set period of time, you have full access to your funds. You can make deposits and withdrawals. This type of liquid account is ideal for earning higher dividends while offering availability for any emergency needs that might arise.
Compare Money Market account types.
Features
- Earn Dividends: Varying rates depending on the type of Money Market.
- Checks: Optional check writing with the FlexTier Money Market account. For more information about the FlexTier Money Market, view the FAQs.
- Safe: Elevations Credit Union Money Market Accounts are insured by the National Credit Union Administration (NCUA).
Transaction Options
The federal government requires financial institutions to limit monthly money market account transactions to protect the security of our members. There is a limit of 6 total electronic phone withdrawals or transfer transactions per month. This includes:
- 3 FREE Each Month: You can make up to 3 free electronic phone withdrawals or transfers from your account per month.
- 3 ADDITIONAL Each Month: At a processing fee of $25 per transaction, you can make an additional 3 electronic phone withdrawals or transfers per month. Transfers to pay Elevations loan accounts are not included in this six (total) transfer limitation. Read more about transaction limits at Regulation D.
Resources
Do You Have a Personal Savings Plan?
Dividends are paid monthly and are calculated daily based on the balance of the account. The rate may change if the balance drops below the minimum balance or a rate tier threshold. Rates are variable. Fees may reduce earnings.
