Insured Money Market

An Insured Money Market account is a savings account with a tiered earning rate - the more money you save, the higher the interest rate you will earn! Transfers from an Insured Money Market account to another account or to third parties by pre authorized, automatic, telephone, or computer transfer or by check, draft, or similar order to third parties are limited to six per statement cycle.

The minimum opening deposit is $1,000. See fee schedule.

View Rates

Account has no monthly fee if a daily balance of at least $1,000 is maintained. If the daily balance falls below $1,000 a $10/month fee is charged. Fees could reduce earnings.

Ready to Open an Insured Money Market Account? Know What to Bring.

Safe and seamless. We’re here to make your banking experience just that. To help you quickly navigate the account-opening process at your local branch, let’s start with what you need to have on hand:

✓ Two forms of identification:

  • ONE primary ID*: Driver’s license, state ID card, passport, military photo ID or other government-issued photo ID
  • ONE secondary ID: Social Security card, credit or debit card, account statement from another financial institution, insurance card, birth certificate, pay stub, current student ID, utility bill, union membership card, voter registration card, W-2, tax return or lease agreement

✓ Personal information:

  • Full legal name
  • Date of birth
  • Social Security number
  • Address (physical and mailing)
  • Phone number (cell, home and work)
  • Email address
  • Employer
  • Occupation

If you’re opening a joint account – an account shared between two or more people – you will need to provide the above personal information for each account holder. To complete the account-opening process, each account holder will need to be present to provide his/her two forms of ID and signature.

✓ A minimum deposit of $1,000

✓ A security question and answer, to attach an extra layer of security to your account

*NOTE: If primary identification is less than 60 days old, address verification is required. Acceptable forms of address verification include:

  • Copy of lease agreement;
  • Utility bill
  • Car registration
  • Pay stub or tax return dated within the last 30 days
  • Bank or credit card statement dated within the last 30 days