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.
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+
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.
|Name||Rate||APY||Minimum Opening Deposit||Minimum Balance to Avoid Service Fees||Minimum Balance to Earn Stated APY||Balance 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.