Money Market Accounts
The More You Save, the Higher Your Dividend RateThe right account for serious savers
Money markets are savings accounts with a twist: The more you contribute, the higher your dividend rate. Your funds are federally insured up to $250,000 and you can withdraw your cash if you need to.
The minimum balance to earn dividends for our money markets is $2,500*; if you’ve built up at least that much savings, a money market is a good place to put it. You’ll earn even higher dividends if you deposit $25,000 or $100,000, no direct deposit required.
Service Credit Union Money Market Rates
| MINIMUM DAILY BALANCE TO OBTAIN APY | DIVIDEND RATE | ANNUAL PERCENTAGE YIELD | ||
|---|---|---|---|---|
| $2,500.00 | Tier 1 | 0.549% | 0.55% | Open a money market account Now |
| $25,000.00 | Tier 2 | 0.698% | 0.70% | Open a money market account Now |
| $100,000.00 | Tier 3 | 1.687% | 1.70% | Open a money market account Now |
Rates accurate as of 02/01/24.
Money Market Calculator
Use our APY calculator to see how much your Money Market balance would grow at any tier level.
*Annual Percentage Yield (APY) is accurate as of the last dividend declaration date 06/01/2024 and subject to change without notice. Minimum balance to earn dividends is $2,500.00; variable APY of 0.50%. For balances of $25,000.00 to $99,999.99; variable APY of .60%. For balances $100,000.00 or greater; variable APY of .75%. If at any time during the month the money market daily balance drops below $2,500.00, a fee will be assessed. Please see the fee schedule for the monthly fee amount. Fees could reduce the earnings on the account. Must be a member of Service CU or establish membership with $5 in a Primary Savings Account.