Money Market Account
Getting serious about saving? The more you save, the more interest you receive with Union's Money Market Account.
- Interest rate is variable and tiered according to balance maintained
- $2,500 minimum to open
- Checks available at no charge
Money Market Rates:
| Lower Tier | Upper Tier | Interest Rate | Annual Percentage Yield |
|---|
| $0 | $9,999.99 | .05% | .05% |
| $10,000 | $24,999.99 | .10% | .10% |
| $25,000 | $49,999.99 | .15% | .15% |
| $50,000 | $99,999.99 | .20% | .20% |
| $100,000 | $499,999.99 | .25% | .25% |
| $500,000+ | | .30% | .30% |
Minimum fees and restrictions:
- $10 monthly fee if balance drops below $2,500
- Transfers from a Money Market account to another account or to third parties by preauthorized, automatic, computer, or telephone transfer are limited to six per statement cycle. The six transfers may now include checks, debit card, or similar order to third parties. $10 fee for each transaction in excess of six per statement cycle.
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