| Money Market Accounts
If you're seeking a larger dividend rate for a higher savings balance, our Money Market Account may be the account for you. MLHEFCU’s Money Market Account offers tiered dividend rates. These variable yields are higher than traditional savings accounts and require no time commitment. Your funds are liquid and you can access them at anytime. Start earning more today!
Flexibility - No penalties for early withdrawal here and no set time commitment like share certificates of deposit.
- *No minimum balance or monthly service fee
- *$2,000.00 minimum to earn interest
- Tiered dividend rates
- Dividends are compounded daily and posted monthly
- Limit of 3 transactions per quarter
- $25.00 for additional check request
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Rate Schedule - September 2010
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APR/APY
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Account Type
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Annual
Percentage
Yield
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Minimum Balance to Earn the Stated APY/ Special Notes
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Checking
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0.00%
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No Fees
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Share Savings Account
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0.25%
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Money
Market
Savings
Account
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0.20%
0.30%
0.40%
0.50%
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$2,000.00 $10,000$10,001 to $25,000$25,001 to $75,000
$75,001 to $500,000
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Christmas Club
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0.25%
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Payroll Deduction-Matures Oct Each Year
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Vacation Club
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0.25%
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Payroll Deduction-You set the maturity
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Noahs Ark Savings
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0.25%
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Payroll Deduction
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CU Retirement Income Account
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2.19%
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Payroll Deduction Only
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Roth IRA
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0.75%
1.92%
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2 to 12 Months
13 Months to 5 yrs
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Traditional IRA
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0.75%
1.92%
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2 to 12 Months
13 Months to 5 yrs
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Coverdell IRA
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2.02%
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Payroll Deduction and/or Lump Sum
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Certificates *annual
percentage
yield
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3 mos. 0.35
6 mos. 0.45%
9 mos. 0.75% 12mos. 0.85% 15mos. 1.19% 18mos. 1.29% 24mos. 1.69% 30mos. 1.78% 36mos. 2.37% 48mos. 2.71%
60mos. 2.22%
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