Money Market Accounts
Money Market accounts help you save money with flexible account options
Higher Returns, Easy Access
A Money Market account offers a higher interest rate than a regular savings account with a minimum balance requirement of $2,500. Dividends are compounded and paid monthly.
To earn the stated Annual Percentage Yield (APY), you must meet the minimum balance requirement for each money market tier:
Tier One
$2,500 minimum balance
Tier Two
$20,000 minimum balance
Tier Three
$100,000 minimum balance
Deposits may be made at any time
No maturity date restrictions
Up to six pre-authorized, automatic or electronic transfers may be made to another Credit Union account in any month. Up to three of these six transfers may be made by check. However, there is no ATM access for money market accounts. A Money Market account can also be opened as an Individual Retirement Account.
Your Money Market account savings are insured up to at least $250,000.
Your Money Market account savings are insured up to at least $250,000.
Open a Money Market Account
Money Market accounts from Educational Systems Federal Credit Union offer a higher interest rate to help you earn more on your savings.
MAXIMIZE YOUR SAVINGS
Unlock smart strategies to save more money and reach your goals.
- Take advantage of higher-yield savings accounts or certificates to earn more interest
- Apply the 50/30/20 budget rule: 50% to needs, 30% to wants, and 20% to savings and debt repayment
- Save windfalls like tax refunds, bonuses, or gift money rather than spending them
- Review your subscriptions and recurring expenses quarterly to cancel services you not longer use
