The TSCU Money Market Account offers you an account where you can earn high rates of return and enjoy the flexibility and accessibility of a checking account.
The MMA structure is as follows:
- Interest is compounded and paid monthly
- A total of 6 withdrawals allowed per month
- You must maintain a balance above $1000 at months end. There is a one time per month fee of $7 for falling below $1000 on the last day of the month.
- Checks may be written from your money market account.
Please refer to our current rate and fee schedule for all applicable fees. Use this link
(EFFECTIVE
9/21/2010) |
| MONEY
MARKET RATES |
ANNUAL
PERCENTAGE
YIELD |
Minimum
Opening
Balance
|
Minimum
Balance
To Earn
Annual Percentage Yield |
Money
Market
Savings |
0.03% |
$1,000.00 |
$1,000.00 |
| 0.03% |
$1,000.00 |
$5,000.00 |
| 0.03% |
$1,000.00 |
$10,000.00 |
| 0.03% |
$1,000.00 |
$25,000.00 |
| 0.03% |
$1,000.00 |
$50,000.00 |
| 0.03% |
$1,000.00 |
$100,000.00 |
APY (ANNUAL
PERCENTAGE YIELD) correct as of 9/21/2010. APY is variable
(except Share & IRA Certificates) and may change monthly.
Yield is calculated and credited monthly based on the
Daily Balance Method. The dividend period begins on the
first calendar day of the month and ends on the last day
of the month. First 3 checks and transfers per month free.
Fee will be assessed if balance falls below $1000 minimum.
Fees could reduce earnings. Because Share Savings and
Share Checking dividends are paid monthly, posted rates
are anticipated rates for the month. All rates subject
to change without notice. |
|
