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Posted in Money Market

F&A Federal Credit Union

F&A Federal Credit Union is presently offering a money market rate at an impressive 1.30% APY. This institution is insured under the National Credit Union Association (NCUA), so you can feel safe knowing that your money is invested in reliable hands.

Money Market Rate Terms and Conditions Money Market Account Rate Deal of the Day: F&A Federal Credit Union at 1.30% APY

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Posted in Money Market

railroad industrial credit union

Railroad & Industrial Federal Credit Union is currently offering a .40% APY return for mid-level money market accounts. Their commitment to providing excellent and unparalleled service is what sets this institution apart. An added benefit is their 4-tier money market system, which offers greater potential for higher returns. Money Market Account Rates Deal of the Day: Railroad & Industrial Federal Credit Union at .40% APY

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Posted in Money Market

utilities employees credit union

Utilities Employees Credit Union is here to provide you with solutions to all your financial needs. One of the great products they offer is the money market account that earns a possible .75% APY.

Money Market Account Rate Terms and Conditions Money Market Account Rates Deal of the Day: Utilities Employees Credit Union at .75% APY

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Posted in Money Market

trans texas southwest credit union

Trans Texas Southwest Credit  Union is known for having the best deposit account rates, and that includes today’s competitive money market account rate of .70% APY.

Money Market Account Rate Terms and Conditions Money Market Account Rates Deal of the Day: Trans Texas Southwest Credit Union at .70% APY

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Posted in Money Market

sacramento deposit bank

The Sacramento Deposit Bank excels at providing clients with high-quality financial products and services. Today, The Sacramento Deposit Bank is offering a money market account that earns up to .65% APY.

Money Market Account Rate Terms and Conditions Money Market Account Rates Deal of the Day: The Sacramento Deposit Bank at .65% APY

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Posted in Banking , Credit Union , Money Market

cloverbelt credit union

Cloverbelt Credit Union is committed to providing members with stellar customer service and exceptional financial products. Today’s deal of the day is a money-market account that earns up to .90% APY.

Money Market Rate Terms and Conditions Money Market Account Rates Deal of the Day: Cloverbelt Credit Union at .90% APY

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Posted in Banking , Money Market , Rates

Suma Yonkers Credit Union is a full-service financial institution that provides quality and affordable financial products and services for members. Today, Suma Yonkers Credit Union is offering a money market rate of up to 1.11% APY.

Money Market Rate Terms and Conditions Money Market Account Rates Deal of the Day: Suma Yonkers Credit Union at 1.11% APY

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Posted in Banking , Credit Union , Money Market , Rates

Citizens Community Bank is committed to helping you reach your financial goals. One of the ways they accomplish this is by providing you with the best interest rates on deposit accounts and loan products. Today, Citizens Community Bank is offering a money-market account that earns up to .50% APY.

In order to be eligible for this money market account rate, there is a minimum $10,000 balance required. Rates are subject to change at any time at Citizens Community Bank’s discretion. Any fees acquired may reduce the earnings on the money-market account. Please contact Citizens Community Bank for the latest details regarding this deposit account. Money Market Account Rates Deal of the Day: Citizens Community Bank at .50% APY

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Posted in Banking , Credit Union , Money Market , Rates

State Employees’ Credit Union of North Carolina is one of the few financial institutions that is offering a competitive money market account interest rate. In fact, today, they are offering a high-interest money market rate of 1.26% APY.

In order to be eligible for this money market account, there is a $250.00 opening deposit required. The specified rate is effective as of August 19, 2010, but rates are subject to change at any time at the discretion of the credit union. Please contact the credit union directly for the current details regarding this money market account. Money Market Account Rates Deal of the Day: State Employees’ Credit Union of North Carolina at 1.26% APY

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Posted in Banking , Local Banks , Money Market , Rates

Maspeth Federal Savings provides clients with a wide variety of financial services and products along with competitive interest rates. Today, Maspeth Federal Savings is offering a money market account rate of up to 1.00% APY.

In order to be eligible for the stated APY, there is a minimum $2,500 balance. Rates are subject to change without prior notice at Maspeth Federal Savings’s discretion. Any fees or penalties could reduce earnings. Please contact the financial institution for more information. Money Market Account Rates Deal of the Day: Maspeth Federal Savings at 1.00% APY

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Learn More About Money Markets Accounts

Money market accounts are similar to checking accounts, but they allow consumers the opportunity to make returns on deposited money. They are often compared to mutual funds; however, they are considered safer because they keep share prices at $1.

Money market accounts can be acquired through almost any local financial institution. As with checking accounts, opening money market accounts give you immediate and regular access to your funds through a checkbook. Also, they require no minimum transaction amount and allow for fast and easy cash deposits.

Once you invest in a money market account, a money manager will take your cash then invest it in t-bills, bonds, CDs, commercial papers or mutual funds. After interest is earned on your investment, the manager pays you your portion of the earnings. Unlike CDs that have interest rates that mature over time, money market accounts require additional deposits to benefit from higher interest returns.