A money market account rate provides Waterbury, CT depositors with high yield potential and greater convenience. Waterbury Connecticut Teachers Credit Union offers 0.80% APY on their money market accounts, helping members save money without sacrificing accessibility and freedom. Members planning on saving for upcoming milestone goals like growing a family, purchasing a new car or savings for an upcoming vacation can benefit from this type of deposit account. When life throws you a curve ball, you’ll also have the relief of withdrawal flexibility and easy access to liquid funds.
Money Market Account Rate Terms and Conditions
A daily minimum balance of $10,000 is required in order to take advantage of this money market account rate. Should balances exceed $19,999, members will earn dividends at the next money market account rate tier. Interest is compounded and issued monthly to Waterbury Connecticut Teachers Credit Union members. Money market accounts are a relatively safe, low-risk investment option as they are insured by the National Credit Union Association for balances up to $250,000.
About Waterbury Connecticut Teachers Credit Union
Waterbury Connecticut Teachers Credit Union has been serving members in need of financial assistance since 1934. When founded, the institution had seven members pool their funds in an effort to help one another with their financial goals. Since their early inception, they have grown massively to become the largest teacher’s credit union in the state of Connecticut. Today, they serve public and private schools within 27 towns in the area, and their membership is in excess of 15,000 members encompassing over $200,000,000 in assets.
Other Terms and Conditions may apply. Additionally, rates may have changed since this offer was posted. Please contact the financial institution for the most recent rate updates and to review the terms of the offer.