How the Money Market Account Works:
A Money Market is a type of checking account that offers higher interest rates than traditional checking accounts. The interest rate is tiered, which means that you earn more interest as your balance grows.
You can access your money in a Money Market Account by writing checks, using your debit card, or transferring money to another account. There is a minimum opening balance of $2000, but there are no monthly fees.
Who Should Open a Money Market Account?
The Money Market Account is a good option for people who want to save money and grow their balance while keeping their funds accessible. It’s also an excellent option if you maintain a higher balance and want to earn more interest.
How to Open a Money Market Account:
To open a Money Market Account, simply visit a CorePlus Credit Union branch or apply online. You’ll need to provide your personal information and make a minimum deposit of $2000.