Money Market

Money Market Accounts Help Build Your Savings

Looking for a higher-earning savings account and the freedom to access your money whenever you want? 

Why Is This The Best Account For Me?

Beach Municipal FCU's Money Market Account features:

  • Requires a minimum opening deposit of $2,500.
  • No monthly fees.
  • No early withdrawal penalties.
  • Up to six (6) free withdrawals a month.

Tiered-Rate Accounts

Our tiered-rate Money Market accounts boast variable rates. The more you save, the higher dividend you’ll earn!

  • Tier I — $0 to $2,499
  • Tier II — $2,500 to $9,999
  • Tier III — $10,000 to $24,999
  • Tier IV — $25,000 to $99,999
  • Tier V — $100,000+

Account limitations

Money Market accounts have the following limitations:

  • May not be used as overdraft protection or collateral for a loan.
  • Not accessible from an ATM or using your Debit Card.
  • Withdrawals in excess of six (6) per calendar month will be assessed an Excessive Withdrawal Fee of $10 per withdrawal.
Money Market Account Rates

Money Market Account Rates
Effective Date: Wednesday, November 1, 2023
NameRateAPYMinimum Opening DepositMinimum Balance to Avoid Service FeesMinimum Balance to Earn Stated APYBalance Method
Tier I 0.15% 0.15% $2,500.00 $0.00 $0 -$2,499.99 Daily
Tier II 0.60% 0.60% $2,500.00 $0.00 $2,500 -$9,999.99 Daily
Tier III 0.75% 0.75% $2,500.00 $0.00 $10,000 -$24,999.99 Daily
Tier IV 1.10% 1.11% $2,500.00 $0.00 $25,000 -$99,999.99 Daily
Tier V 1.70% 1.71% $2,500.00 $0.00 $100,000 & over Daily

Dividend Rate and Annual Percentage Yield were accurate as of the effective date above.  Rates are subject to change at any time and are not guaranteed. Rate may change after the account is open. Fees may reduce the earnings on the account. For additional information about fees, please see the Rate & Fee Schedule. For additional information on your account, please see your Membership & Account Agreement.  All deposits are federally insured up to $250,000.00 by the National Credit Union Administration (NCUA), a U.S. Government agency. Please visit their site for details.  If you have any questions or require assistance, please call the Credit Union at 757.333.7787.

Disclosures and other details.