Money Market Account
every step matters. make strides.
Every step on the way to a goal is important. With a Money Market account, you can cover more ground with higher yields, monthly dividends, automatic deposits and no fees. Why take the time to walk when you can run?
Higher Yields
The dividends on your Money Market account are compounded and paid monthly
No Monthly Fees
Get the flexibility you need with no minimum balance and no monthly service charge
Transfer Funds
Move money securely via WebBanking, Mobile App, or phone banking into your other accounts. Perform up to six transfers or withdrawals per month with no fee.
Automatic Transfers
Set up recurring transfers to your Money Market account for no-effort, automatic saving
Access Checks
Request one free package of checks* via WebBanking or phone to use within your monthly transaction limit.
Digital Services
Mobile banking, text alerts, eStatements and WebBanking put all the tools in your hands
*Each money market account is eligible to receive up to one package of pre-selected standard, duplicate-style Allegacy checks per year. Allegacy provides eStatements as a free service; however, you must sign up for eStatements to receive them. On WebBanking, some restrictions may apply. To use mobile banking or to get text alerts, you must first sign up for them. Allegacy does not charge a fee for these services, but your mobile carrier’s normal data rates apply.
Balance | Dividend | APY* |
|---|---|---|
*APY = Annual Percentage Yield. Rates are variable and subject to change. View Truth in Savings Disclosure. | ||
$100,000 or more | 0.35% | 0.35% |
$50,000 or more | 0.30% | 0.30% |
$25,000 or more | 0.25% | 0.25% |
$2,500 or more | 0.20% | 0.20% |
Up to $2,500 | 0% | 0% |
Specialty Money Markets
A higher yield, better return account that offers you safety and stability while providing you the liquidity you need with your funds. The more you save the more you earn.
- Premium rates earned on balances of $100,000 and greater
- The higher your balance, the more you earn
- Flexible with no minimum balance and no monthly fees
- Product available for retail consumers only
- Checks for this account will be issued upon request
- Offer including rates or terms may be modified or eliminated at any time
Balance | Dividend | APY* |
|---|---|---|
*APY = Annual Percentage Yield. Rates are variable and subject to change. View Truth in Savings Disclosure. | ||
$500,000.00 or more | 0.60% | 0.60% |
$250,000.00 to $499,999.99 | 0.55% | 0.55% |
$100,000.00 to $249,999.99 | 0.50% | 0.50% |
Up to $99,999.99 | 0.05% | 0.05% |
Open an account
Get your Money Market Account started today.You might like ...
What is a Money Market Account?
What’s the big deal? A money market account is similar to having a savings account, but with the flexibility of…
Stay Balanced: Avoiding Overdraft Fees
Staying balanced is essential for living a healthy life. We all know that physical activity and a well-balanced diet help…
A checking account that pays you.
At Allegacy Federal Credit Union, we believe in doing the right thing for your wellbeing and that includes making sure…Become a member
Make plans. Create your tomorrow.Disclosures
*Each money market account is eligible to receive up to one package of pre-selected standard, duplicate-style Allegacy checks per year.
All requirements must be met to earn highest dividends. Some transfer/withdrawal limitations and restrictions may apply. Fees may reduce the earnings.
Allegacy provides eStatements as a free service; however, you must sign up for eStatements to receive them.
On WebBanking, some restrictions may apply.
To use mobile banking or to get text alerts, you must first sign up for them. Allegacy does not charge a fee for these services, but your mobile carrier’s normal data rates apply.
Third Party Site Disclaimer
You are now leaving the Allegacy Federal Credit Union website. The Credit Union does not operate this alternate site to which you are linking and is not responsible for the content of the website nor any transactions performed on this website. Privacy and security policies may differ from those practiced by the Credit Union.