Money Market Accounts
The Smart Money Market Account offers premium dividend rates for members who keep very large balances and incremental high rates while maintaining access to funds.
- Interest bearing (Dividends are calculated based on the Average Daily Balance and are paid monthly)
- No monthly service charge ($10 if balance falls below $2,500)
- Limited check writing capabilities*
- Online Banking access
- SmartLine access
|Money Market Account Details||Account Requirements|
|Minimum Opening Balance||$2,500|
|Monthly Service fee||$10 Monthly Service Charge, waived if minimum average daily balance of $2,500 is maintained|
|Money Market Account Rates|
|Effective Date: 02/01/2019|
|Minimum to Open||Minimum Balance||Interest Rate||APY||Minimum to avoid service fee|
|$2,500||$0-2,499.99||.30% on entire balance||.30%||$2,500|
|$2,500.00-9,999.99||.30% on entire balance||.30%|
|$10,000-24,999.99||.50% on entire balance||.50%|
|$25,000.00-49,999.99||.60% on entire balance||.60%|
|$50,000+||.70% on entire balance||.70%|
|$100,000+||1.00% on entire balance||1.00%|
To open an account, please visit a branch.
*Unlimited withdrawals in person or by mail. A maximum of six withdrawals may be made per month through SmartLine, automatic transfer, Virtual Branch, or telephone request. A maximum of three of these withdrawals may be made by check.