Money Markets
Make your money work harder for you with this high-performance account. With balances as little as $500, you’ll be rewarded with higher rates and greater dividends.
Save More, Earn More
The same way a savings certificates rewards you with higher dividend rates for locking in a longer term, Money Market Savings accounts reward you with higher dividends for maintaining a higher balance.
A minimum balance requirement of only $500 assures your money earns more than a traditional savings account. Add to your balance and your dividend rate increases as you move up the tiers. Use new funds or transfer funds from your existing Blue Flame accounts to open your account today.
Balance to Earn Dividend | APY* |
---|---|
$500 to $10,000 | 0.25% |
$10,000.01 to $25,000 | 0.35% |
$25,000.01 to $50,000 | 0.45% |
$50,000.01 to $100,000 | 0.75% |
$100,000.01 to 250,000 | 1.00% |
$250,000.01 and up | 1.25% |
†Some withdrawal limitations apply to Money Markets. Dividends are compounded and paid monthly.
*APY = Annual Percentage Yield.
Money Market Savings Account Advantages:
- Funds earn interest daily and at a higher rate than Regular Savings.
- No penalty for or limit to the number of deposits.
- Withdrawals from Money Market Accounts are penalty free.
- When rates increase, every Money Market account benefits from the increase.