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- Choice Money Market
Boost your hard-earned money with rates starting at 4.59% APY*
Our new Choice Money Market Share offers its highest APY, on the first $5,000 deposited. Funds deposited above $5,000 earn lower rates that are applied in tiers. This tiered high-yield money market share is perfect to build a savings and meet your financial goals.
Let's calculate your savings!
Deposited Amount | APY |
---|---|
0-$5,000 | 4.59% |
$5,001-$10,000 | 2.27% |
$10,001-$15,000 | 1.51% |
$15,001-$25,000 | .75% |
$25,001 + | .60% |
CHOICE MONEY MARKET FAQs
Who is the Choice Money Market Share designed for?
The Choice Money Market Share is designed for anyone who wants to earn a high-yield on their deposits while keeping funds easily accessible. The Choice Money Market Share is a great way to begin savings habits, save for a specific purpose, or enjoy higher earnings than a regular share.
Is there a minimum balance requirement?
There is no minimum balance requirement to open or keep a Choice Money Market Share.
How many Choice Money Market shares can I open?
One Choice Money Market Share can be opened per MFCU account.
Can I Move funds from another existing money market share?
Yes, transfers may be made online through our website or mobile app, over chat, by contacting us at 800.225.3967 or by visiting a branch.
Can the Choice Money Market share be linked for overdraft protection?
Yes, your Choice Money Market Share can be established as an overdraft protection source. No more than six (6) preauthorized, automatic, or telephone transfers may be made per month.
Can I use a debit card or write checks with my Choice Money Market Share?
No, the Choice Money Market Share is not designed to act as a draft account. Please see our available checking products for access to a debit card or checks.
Can I use the Choice Money Market Share as a funding source for Zelle?
No, Zelle is only available for checking shares.
Ready to get started? There are four easy ways to start:
1. Complete this form and we'll contact you
2. Visit any branch and mention this special
3. Call us at 910.577.7333 or 800.225.3967
4. Chat with us!
*Annual Percentage Yield. All credit union programs and promotions are subject to change without notice. Rates are accurate as of 09/27/2024. Refer to the Truth-in-Saving Act Rate and Fee Schedule for more details. Membership eligibility is required. Calculator is for illustrative purposes only and does not reflect the actual results of any specific deposit amount.