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TrueCore Federal Credit Union

Money Markets

Money Market Accounts- Saving with convenience

 
A Money Market is one of the best savings accounts for earning higher interest rates, while keeping your money accessible. A TrueCore Money Market Account gives you the earnings of a term deposit, with the flexibility of limited check writing privileges.
 
 

What is a Money Market Account?

 
A Money Market Account is an interest-bearing account that typically pays a higher interest rate than a savings account and provides the account holder with limited check writing ability. Money Market Accounts have a higher minimum balance requirement than a savings account, but offer a tiered interest rate structure, so the more you save, the more you earn. And because a Money Market Account is insured by the NCUA, it’s a great way to securely earn more interest on your savings while keeping your funds accessible.
 
 

Money Market Rates

 
Money Market Rate
APY
$5,000 - $24,999.99 0.449%
0.45%
$25,000 - $49,999.99 0.499% 0.50%
$50,000 - $99,999.99 0.648% 0.65%
$100,000.00+ 0.995% 1.00%
 
 Rates have been reviewed and updated as of November 1, 2019. APY = Annual Percentage Yield. All dividends are compounded monthly. Dividend rates are variable and subject to change monthly without notice after the account is opened. The APY is based on the assumption that dividends remain within the account during the dividend period. A minimum daily balance of $5,000 is required in the account each day to earn dividends. Regulation D allows you to transfer funds from each savings and Money Market account to checking up to 6 times per month. Federally insured by NCUA.
 
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The right choice, right now, to keep tabs on daily spending and manage your money the way you like.
 
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