Money Market

Enjoy the benefits of higher interest rates and flexible access, with the security of knowing your money is working for you.

Earn More with Easy Access at N.E.W. Credit Union

At N.E.W. Credit Union, we’re committed to helping you save and secure your financial future.

Money Market Rates

Money Market
Money Market Tiers*1 APY*2 COMPOUNDED*3
$500 – $2,499
0.65%
MONTHLY
$2,500 – $9,999
0.70%
MONTHLY
$10,000 – $24,999
0.75%
MONTHLY
$25,000+
1.00%
MONTHLY
*1A monthly service charge will be assessed if the balance falls below the minimum requirement of $500. *2Annual Percentage Yields (APYs) effective as 03/02/25 and are subject to change. *3Dividends are compounded and credited to the account monthly.

*1Annual Percentage Rates (APRs) effective as of 03/02/25 and are subject to change. Please be aware that individual rates and terms may vary based on down payment, age of collateral, mileage, credit history, and credit score. All loans are subject to approval.

FAQs

What is a money market account?
A money market account is a type of savings account that typically offers higher interest rates than a regular savings account. Money markets still allow check writing, and debit card use – but it’s more limited than a savings account. Money markets also typically require members to maintain a higher minimum balance than you would have to with a savings account.
What should I use my money market account for?
Money market accounts are ideal for saving larger amounts of money that you want to earn a higher interest on. They are useful savings tools for expenses like emergency funds or down payments, where you want to earn more interest, but still be able to access your money when needed.
Are money market accounts insured by NCUA?
Yes! You can rest assured that your money is fully backed by the National Credit Union Administration.

Ready to Make Your Savings Work Harder?

Visit your nearest branch or Contact Us to open your Money Market now!

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