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A Money Market account is a special savings account that offers a higher interest rate than traditional savings and is more flexible than a CD. With a Money Market account, enjoy the convenience of having quick access to your funds while achieving your savings goals faster because you are earning more interest.You can deposit, transfer, and withdraw funds anytime without penalty, just like a traditional savings account.
To help get you started, we are offering a 2.00% APY* interest rate on deposits over $10,000. Or, you can start smaller and still enjoy a competitive rate above what you will get in a regular savings account.
SECU offers two types of Money Market accounts to meet your unique needs:
Enjoy competitive rates with a lower minimum deposit. Start with just $2,000 and watch your savings grow with our tiered rates. Open a new Money Manager account with a minimum $10,000 deposit, and enjoy a 2.00% APY* intro rate.
Money Market Advantage:
Designed for people who want to earn top interest rates to achieve savings goals. Minimum deposit requirement is $25,000. Earn our special 2.00% APY* intro rate on all new Money Market Advantage accounts.
*This offer is valid on new Money Manager, Advantage Money Manager or Business Money Market accounts opened between now and July 31, 2019 with a minimum opening deposit of $10,000 and maximum of $5,000,000. The introductory annual percentage yield (APY) of 2.00% will apply for 6 months from the date of account opening. Regular APY will apply thereafter. If balance goes above $5,000,000, regular APY will apply to the entire balance. Transfers from existing SECU accounts will not be eligible for the introductory rate. Fees may reduce the earnings. SECU reserves the right to cease offering the promotion to new accounts prior to the end date.
Federal Reserve Board Reg D limits the number of transfers and withdrawals from a Money Market account to 6 per month.
Promotional Money Market Intro Rate Frequently Asked Questions