Money Market Accounts
Ideal for members who want to earn higher returns than a regular savings account with the flexibility to access their funds.
Overview
What is a Money Market Account?
A Money Market Account offers the perfect balance between growth and flexibility. With a competitive, tiered-rate structure that rewards higher balances, this account is ideal for members who want to earn more than a standard savings account without locking their money away in a certificate. Start earning dividends with just $500, enjoy up to six penalty-free withdrawals each month, and manage your funds easily through online and mobile banking.
5-Tier Dividend Rates:
- Tier 1: $500 – $1,999 (Lowest APY)
- Tier 2: $2,000 – $9,999
- Tier 3: $10,000 – $24,999
- Tier 4: $25,000 – $49,999
- Tier 5: $50,000+ $99,999
- Tier 6: $100,000+ (Highest APY)
A Base Shares, Youth Savings, or Business account is required to open a Money Market Account. A $10.00 monthly fee will be assessed for accounts that fall under the minimum balance.
Today’s Rates
All Rates Effective April 1, 2025
Money Markets
| Rate | APY | Minimum Balance |
|---|---|---|
0.50% | 0.50% | $500-1,999 |
0.75% | 0.75% | $2,000-9,999 |
1.00% | 1.00% | $10,000-24,999 |
1.24% | 1.25% | $25,000-49,999 |
1.74% | 1.75% | $50,000-99,999 |
1.78% | 1.80% | $100,000.00+ |
Dividends paid monthly.
Member-Focused. Locally Rooted.
Put Your Savings to Work
Earn more with a Money Market Account that offers flexibility and competitive returns. Perfect for growing balances.
product Benefits
Flexible Saving With a Higher Yield
Competitive, Tiered APY
Earn more as your balance grows. Our five-tier structure starts at $500 and increases with your deposit level.
Flexible Withdrawals
Access your money when you need it with up to six penalty-free withdrawals per month. A $5 fee applies to each additional withdrawal.
No Lock-In Period
Unlike certificates, Money Market Accounts let you grow your funds without tying them up for months or years.
Convenient Account Management
Track your savings and access funds with ease through digital banking tools or by consolidating statements with your other 802CU accounts.
Frequently Asked Questions
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More Than a Member
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Testimonials
Hear From Our Members!
Real stories from real people who’ve found their financial home.
I recently moved to Vermont and was looking for a new financial institution. Several people recommended 802 Credit Union. Kim helped me set up my accounts, my direct deposit and got me started with online banking. She showed me how to use Bill Pay, which I never used at my previous bank. What a huge convenience! I highly recommend 802 Credit Union and all the staff at the Windsor branch.
Sarah
Windsor, VT
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