Money Market Accounts

 

MONEY MARKETS

*NO FEES!

 

A Money Market account is specifically designed for members who maintain high balance accounts. The minimum amount required to open a money market account is $20,000.00. The dividend rates on the money market accounts are paid monthly and are based on a tiered rate structure. We now have two distinct offers, the regular money market and the Platinum Plus Account.

**Notice of Newsletter**

On Page 3 of the Oct 2019 Newsletter , the 3rd quarter rates for the Platinum Plus account were listed incorrectly. The rates should have been listed as follows:

Balances below $250,000 = Rate of 0.05% and APY of 0.05%

Balances $250,000 and above = Rate of 2.00% and APY of 2.01%

Again please accept our apologies for any confusion this error may have caused.

Money market

Balance Rate APY
Balances below $19,999.99 0.05% 0.05%
$20,000.00 -$49,999.00 0.75% 0.75%
$50,000.00 - $99,999.99 1.00% 1.00%
$100,000.00-$499,999.99 1.25% 1.26%
$500,000.00-$999,999.00 1.50% 1.51%
Balances above $999,999.99 1.75% 1.76%

platinum Plus account

Balance Rate APY
Balances up to $249,999.99 0.05% 0.05%
Balances above $249,999.99 1.75% 1.76%
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Or Call Us At:   912.356.9225

FREQUENTLY ASKED QUESTIONS

+ Are there any fees?

  • Workmen’s Circle Credit Union does not charge fees on money market accounts.

+ What is the Minimum Deposit?

  • The minimum deposit for Money Markets is $20,000.00.

+ Is my money secure?

  • Your savings are federally insured to at least $250,000.00 by the National Credit Union Administration and backed by the full faith and credit of the United States Government.