Money Market Account
Earn More With Withdrawal Capability
When you want to earn more on your savings, but still want your funds to be within reach, a Money Market may be the option for you. This type of savings account requires just one cent deposit to open or to start earning dividends, allows deposits and withdrawals, and if you’re a Member, you can open it through Online Banking. If you’re not yet a Member, call us to get started.
What is a Money Market account?
A money market account is a savings account that generally offers higher dividend rates than a classic savings or checking account, and still affords you access to your funds with fewer restrictions than a Term Share Certificate.
Money Market Earnings
A Money Market account offers a tiered rate structure, so you receive a higher rate of return, and generally higher dividends, the more you have in your account. While dividend rates have traditionally been a bit higher than those for basic savings accounts, they are sometimes similar, depending on market conditions. Some features of a Money Market:
Choose What’s Right For You
If you’re ready to build your savings with penalty-free access to your funds, a Money Market account may be right for you.
If you’re not ready to apply for a Money Market account, and have questions, we are here to help. Call 315-735-8571 to discuss the details or make an appointment with one of our friendly and knowledgeable representatives today.
Earning More: Term Share Certificates
Looking to earn even more and don’t need immediate access to your funds? Our Term Share Certificate could be right for you.
Term Share Certificates: Learn More
Security
Under the National Credit Union Administration, your investment receives federal insurance protection up to $250,000 (similar to FDIC coverage in banks).
Interested In Learning More?
To see what other services are available with a First Source Savings Account, visit our Savings Account Options overview page.