Money Market Account
High yields, with fast access to your money when you need it.
Tiered Rate Account
$1,000 Opening Deposit
Use Checks or Transfers
6 Withdrawals Per Month‡
How It Works
A Money Market Account has the access and security of a normal savings account but earns you higher interest. You are able to use checks or make transfers from your account up to six (6) times per month‡. As a tiered rate account, you earn more when you save more but you must keep a minimum of $1,000 in your account to earn dividends.
|Minimum Opening Deposit:||$1,000|
|$1,000 - $9,999.99||0.10%||0.10%|
|$10,000 and over||0.10%||0.10%|
|Money Market Accounts with a balance below $1,000 will not earn dividends. Please see the Rates & Fees page for fee if minimum balance is not maintained.||Open Now|
Already a member and want to open another account online?
If you are already a member of Neighborhood CU and you would like to open a Money Market Account online, please log into your Online Banking account and look under the Additional Services tab.
Higher Rates than Banks
A relatively high rate compared to other savings or checking accounts.
Access to Your Money
Write checks, make withdrawals, and perform transfers‡.
Insured by the NCUA
Your Money Market Account is federally insured by the NCUA up to $250,000.
Want to compare savings accounts side by side?
Click the "Compare Accounts" button to explore in-depth.
Frequently Asked Questions
Once a particular range is met, the dividend rate and annual percentage yield for that balance range will apply to the full balance of your account.
Dividends are based on the daily balance and paid monthly.
Yes, your Money Market Account funds can be used as collateral on a loan with Neighborhood Credit Union.
No, they are not.
Yes, if you are withdrawing funds from your Money Market Account, it must be a minimum of $500.
‡APY=Annual Percentage Yield. Rates may change at any time. Account earns 0.00% on balances below $1,000. Account earns a rate of 0.10% and an APY of 0.10% on balances of $1,000 to $9,999.99. Account earns a rate of 0.10% and an APY of 0.10% on balances of $10,000 or more. Minimum deposit to open $1,000.00. Minimum daily balance to earn dividends and stated APY is $1,000.00. Dividends compounded and paid monthly. Minimum balance fee of $10 per month assessed on balances below $2,000. Account transfer and withdrawal limitations apply. See fee schedule for details. Fees may reduce earnings.