A Money Market savings account offers a flexible investment option to help you reach your savings goals. With a Teachers Money Market account, you’ll benefit from tiered interest rates based on your account balance.
Teachers Money Market account is not committed to any term. Your money is available when you need it, without penalty or hassle.
The minimum balance is $2,500. A $5 monthly charge will be assessed for the period of time the account remains under $500.
Dividends are compounded daily and are declared, credited, and paid monthly.
Your savings are federally insured up to $250,000 and backed by the NCUA.
You can deposit to your Money Market account at any time, there is no minimum deposit amount.
Your monthly statement will list all account activity, noting deposits, withdrawals, and dividends earned.