What Is A Money Market Account & How Does It Work?
What is a money market savings account and how does it work?
Read MoreHome > Spend & Save > Savings > Money Market Savings
Earn more and access
your money anytime.
Our Money Market Account allows you to earn more on your money than a traditional savings account, all while having access to your funds anytime. Plus, as your savings grow, you earn additional dividends.
| Deposit | APYAPY is Annual Percentage Yield. Rates and terms are effective as of 10/24/2024. $2,500 minimum balance is required. Otherwise, a $15 monthly fee is assessed. Fees may reduce earnings. Offer subject to change. Certain exclusions may apply. |
|---|---|
| Less than $1,000 | 0.01% |
| $1,000.00 – $24,999,99 | 0.50% |
| $25,000.00 – $49,999.99 | 0.60% |
| $50,000.00 – $999,999.99 | 0.75% |
| $1,000,000.00+ | 0.75% |
A smart way to save, all while keeping easy access to your money. As your savings grow, you earn additional dividends.

With tiered rates, the more you save, the more you earn.

Your earnings are not affected by changes in the stock market.

Easily withdraw or deposit money from your account anytime.APY is Annual Percentage Yield. Rates and terms are effective as of 10/24/2024. $2,500 minimum balance is required. Otherwise, a $15 monthly fee is assessed. Fees may reduce earnings. Offer subject to change. Certain exclusions may apply.

| Requirements | Details |
|---|---|
| Minimum opening deposit | No minimum |
| Minimum daily balance | $2,500 (to avoid monthly fee)1 |
| Monthly low balance fee | $15 ($0 if min. balance maintained)APY is Annual Percentage Yield. Rates and terms are effective as of 10/24/2024. $2,500 minimum balance is required. Otherwise, a $15 monthly fee is assessed. Fees may reduce earnings. Offer subject to change. Certain exclusions may apply. |
What is a money market savings account and how does it work?
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Money market accounts are a combination of savings and checking accounts with higher earning and spending power.
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Storing your savings in a money market account can help you build your savings.
Read MoreOpen your account online from the comfort of home.
Have questions? Call us at 800.456.3000 or visit your local branch.