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Money Market Savings Account (MMSA)
With our MMSA, you earn more than a share savings account, but the number of transactions per month is limited. The MMSA requires a minimum of $2,500 to earn dividends.
Four dividend rate tiers
The higher your account balance, the greater your earnings:
new! $50,000 and over
$25,000 - $49,999
$10,000 - $24,999
$0 - $9,999
The rate applies to the entire balance, not just the amount over the tier threshold.
MMSA features
- Provides easy access
- Allows up to a total of six withdrawals/transfers per calendar month by online,
phone or fax request (to include preauthorized transfers)—only three of which can be made by MMSA check
- Has unlimited withdrawals/transfers in person at a branch, ATM or by mail request
- Tiered rates are based on money market environment and may change weekly
- Dividends are compounded and paid monthly
- Additions are accepted in any amount, at any time
- Has no term restrictions or minimum balance to open
- Your account is included in our Safety and Soundness Guarantee
- The account balance counts toward your free Life Savings Insurance
Note: Funds in a MMSA cannot be used as collateral.
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