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Classic Money Market

More cash, anytime access, with a guaranteed rate.




Lock in the win with a Classic Money Market Account

Ready to save up quickly while still having easy access to your cash? Our Classic Money Market account is perfect for short-term goals like gifts for family, a dream vacation, or something fun for your home. It’s like a regular savings account but with better interest, and the rate is locked in, so you’ll always earn more without any surprises.

Crush your goals and lock-in these competitive rates 

Balance Tiers Guaranteed Dividend Rates Dividend Rate APY*
$2,000 - $9,999.99 Fixed Rate1 0.10% 0.10%
$10,000 - $49,999.99 Fixed Rate1 0.10% 0.10%
$50,000 - and higher Fixed Rate1 0.15% 0.15%

Classic Money Market account benefits

This account offers higher savings rates while letting you access your cash whenever you need it. Use it to build up a vacation fund, save for a splurge, or stash away extra money for family gifts—all while you earn more on your savings.

  • Savings at a rate better than a traditional savings – Competitive, fixed dividend rates
  • Keep flexible access to your funds – No excessive withdrawal fees
  • No monthly fees – No monthly maintenance fees when you maintain a low minimum balance requirement of $2,000
  • Safe and secure savings – Funds are insured by the NCUA up to $250,000
  • Special Money Market checks available


Compare Money Market Accounts


 Maximum Money Market™ Classic Money Market
Minimum Balance to Earn Dividends $.01 $2,000
Dividend Type Below $50,000 – Fixed
Above $50,000 – Variable
Paid Monthly		 Fixed
Paid Monthly
Maximum Dividend Variable 3.04% APY* for balances over $1,000,0002

Or,  4.00% APY for all balances over $50,000 with 6-Month Promo Rate3		 Fixed 0.15% APY* for balances over $50,0001
Monthly Service Fee $0 $0
$15/month if balance is below $2,000
Transaction Limits No excessive withdrawal fees
Availability Personal, Business, and Fiduciary membership types

More Maximum Money Market Details More Classic Money Market Details

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Are you ready to boost your savings?

Open a Classic Money Market Account Online

Open a Classic Money Market Account in a Branch

To apply in person, visit a branch near you.
Current Members Choice members, you can “Quick Apply” for a new Classic Money Market account in online banking or your mobile app. Login(Opens in a new Window), and select the "Quick Apply" menu, then click on "Open an Account, CD or Loan" to get started (you may need to click on the “More” button to view).

Requirements

  • Available to all new and existing memberships—personal, business and fiduciary
  • No direct deposit requirement











Disclosures 


*Annual Percentage Yield (APY) is accurate as of January 8, 2025. Rates may change at any time without notice, before or after the account is opened. Fees could reduce earnings on the account. Minimum opening balance is $2,000.00. Minimum to earn dividends is $2,000.00. View complete list of deposit disclosures and Fee Schedule.


1 Classic Money Market Dividend Rates: The Fixed Dividend Rate and Annual Percentage Yield for the balance tier may change at any time without prior notice. Classic Money Market accounts are Tiered Rate Accounts. If the balance in the account falls within the range for a particular tier, the specified Dividend Rate for that tier will apply to the entire balance in the account. The annual percentage yields, which vary depending on the balance in the account, are shown for each tier. 

 

2 Maximum Money Market Dividend Rates: The Dividend Rate and Annual Percentage Yield for the lowest balance tier can change as determined by the Board of Directors. The Dividend Rate, Annual Percentage Yield, and Margin, for the other balance tiers will be adjusted at the sole discretion of the Credit Union on the first of the month following a change to the index, Wall Street Journal Prime (WSJP). The Dividend Rate will equal the Prime Rate as published in The Wall Street Journal, less the margin amount in the table of rates. Rate tiers, with the exception of the first tier, will have a floor rate of no less than 0.50% Annual Percentage Rate. Maximum MMAs, Classic MMAs, and Savings accounts are Tiered Rate Accounts. If the balance in the account falls within the range for a particular tier, the specified Dividend Rate for that tier will apply to the entire balance in the account. WSJP 7.50% -Current WSJP effective as of December 20, 2024. Variable dividend rate is adjusted on the first day of each month following a change in the index.  The annual percentage yields, which vary depending on the balance in the account, are shown for each tier. View complete list of balance tiers.

 

3 In order to be eligible for the Maximum Money Market Promotional Rate offer, $50,000 New Money must be deposited within twelve (12) days after date of account opening. “New Money” is defined as funds transferred from another financial institution via ACH, cash, or check. Checks or transfers from other Members Choice accounts do not qualify as "New Money.” APY applies for six (6) months after account opening (“Promotional Period”). After the Promotional Period, APY will be the then current applicable APY for the Maximum Money Market Account applicable tier. Promotion may end at any time. If $50,000 New Money is not deposited within twelve (12) days of account opening, applicable APY for Maximum Money Market Account applies.

The Maximum Money Market is available to all of the following new and existing membership types – personal, business and fiduciary. At our sole discretion, the number of Maximum Money Market Accounts per member may be limited.

 

If not currently a Members Choice member, a $5 deposit is needed to establish membership. All memberships are subject to approval including credit approval.