Get results right away with this high-performance account
Everyone wants their savings to work harder. But not everyone has the luxury of tying up their dollars for months or years at a time. A Mid American Money Market offers the best of both worlds - higher earnings than most standard savings accounts and easy access to funds right when you need them for expenses, purchases or special occasions.
Money Market Accounts
Regular Money Market
- $1,000 minimum deposit to open.
- Add to your balance as often as you like
- Tiered rate system means that bigger balances can have higher earning potential
- No minimum savings period
- Access funds through checks, Online and Mobile Banking and at Mid American locations
- A safe, secure saving strategy with balances up to $250,000 protected by National Credit Union Administration
- $10 monthly fee for balance less than $1,000
Premier Money Market
- $1,000 minimum deposit to open.
- Available to checking account members or to members adding $25,000 in new money
- Make additional deposits as often as you like
- Tiered rate system means that bigger balances can have higher earning potential
- No minimum savings period
- Access funds through checks, Online and Mobile Banking and at Mid American locations
- A safe, secure saving strategy with balances up to $250,000 protected by National Credit Union Administration
- $10 monthly fee for balance less than $1,000
Regular Money Market
| Balance | APY* |
|---|---|
| $0 - $9,999 | 0.05% |
| $10,000 - $49,999 | 0.10% |
| $50,000 - $99,999 | 0.15% |
| $100,000 - $499,999 | 0.20% |
| $500,000 - $999,999 | 0.25% |
| $1,000,000 and Up | 0.30% |
Premier Money Market
| Balance | APY* |
|---|---|
| $0 - $49,999 | 0.20% |
| $50,000 - $199,999 | 2.00% |
| $200,000 and Up | 3.00% |
*APY=Annual Percentage Yield. APY is variable and may change after account is opened. Minimum deposit to open a Money Market Account or a Premier Money Market Account is $1,000. Rates are effective April 1, 2023.