Money Market Account Offers:
- Free E-Statements
- Free 24/7 Access to Online Banking & Mobile Banking APP
- Remote Deposit
- $2,500.00 Minimum Balance
- No Monthly Service Charge if Minimum Balance is met
A Money Market Account is perfect for the serious saver who wants to maximize earnings, minimize risk, and keep funds accessible. There is a three free withdrawal limit per month, and this account has the potential to pay a higher dividend rate than our regular savings account as long as you maintain a minimum balance of $2,500. When the balance is below $2,500, there are no dividends paid, and a low balance fee will be charged to your account.
If you don’t have $2,500 to open a Money Market Account, you can open a Regular Savings Account with $1 and build your savings up to $2,500. Once you have saved $2,500, open a Money Market Account. You can easily save by having your money deposited into a Savings Account through payroll deduction or automatic transfer.
HOW TO OPEN AN ACCOUNT
To open an account, you must be a member.
You may print out a Membership Application and take it to the nearest location.
Existing members may fill out a Money Market Form through DocuSign—Call 516.822.1070 (Monday-Friday, 9 a.m. to 4 p.m.) when you need assistance.
All deposits in Members Credit Union are federally insured by the National Credit Union Administration, a U.S. Government agency, for up to $250,000.