Money Market Savings
Get a higher yield on your savings.
TwinStar Credit Union's money market savings accounts give you a higher-yield alternative for savings with a minimum deposit of $1,000.
TwinStar Credit Union's Money Market savings accounts give you a high yield savings account with a minimum deposit of $1,000. The more you deposit, the more you can earn.
When does a Money Market account make sense?
Traditional share savings accounts typically offer a low base divided rate. If you have more than $1,000 in a basic savings account, a Money Market is a great option to earn a higher rate. While a CD (Certificate of Deposit) is also a good option, your money is locked in until that CD matures. Money Market accounts are a great choice for earning a higher rate while still giving you access to your money when you need it. You can make free withdrawals and deposits anytime, online or at your local branch.
It's a simple way to earn more on your savings.
Opening a Money Market account
You can open a Money Market savings account by stopping by any branch or calling 800.258.3115. Online opening is not currently available for Money Market Savings. You will need a minimum deposit of $1000 to get started, but there are no account minimums required in your Money Market account once your account is open.*
Money Market Savings
| Balance Range | APY* |
|---|---|
| $0 - $999.99 | 0.15% |
| $1,000 - $9,999.99 | 0.15% |
| $10,000 - $24,999.99 | 0.25% |
| $25,000 - $49,999.99 | 0.30% |
| $50,000 - $99,999.99 | 0.35% |
| $100,000 - $149,999.99 | 1.51% |
| $150,000 - $249,999.99 | 1.76% |
| $250,000 and up | 1.85% |
*APY = Annual Percentage Yield. Rates may vary after account opening. Rates accurate as of 1/2/205. Rates, terms, and conditions are subject to change. Fees may reduce earnings. The terms applicable to your Deposit Accounts at TwinStar are provided in the Membership and Account Agreement. Prime/Regular Savings requires $100 minimum daily balance to earn dividends. $1,000 minimum balance required to open a Money Market account, but does not require a minimum balance be maintained to earn dividends. An adult 18 or over must accompany a minor as a joint account owner on any minor accounts. Dividends are calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day. Dividends are compounded and credited monthly. For complete details, please contact TwinStar Credit Union at 360.357.9911 or 1.800.258.3115.