Money Market Accounts
Looking to start investing while keeping easy access to your funds? A Money Market Account is a great way to earn higher interest rates compared to a standard savings account. With a minimum deposit of $500 to open and $2,500 required to earn dividends, you can take advantage of competitive rates on larger savings. Withdrawals are limited to five per month, with a $25 fee for any excess transactions. Plus, your money is NCUA insured, giving you peace of mind. If you're ready to grow your savings in a secure and flexible way, a Money Market Account with Florence Federal Credit Union is the ideal choice.
| Share Type | Percentage Rate | Yield |
|---|---|---|
| Money Market | 0.45 | 0.45% APY |
Money Market Accounts are variable rate accounts. The dividend rates are determined quarterly by the Credit Union board of directors. The annual percentage yields (APY's) are accurate as of the last dividend declared date. The minimum to open a share account is $25.00 plus a $1.00 membership fee. A balance of $200.00 is required to earn dividends. | ||
APY = Annual Percentage Yield | ||
How to Open an Account
Contact us at (256) 767-4700 or (256) 766-7264 to get started or simply visit your closest Florence Federal Credit Union location.
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