High Yield Money Market Accounts
Looking to earn a higher yield but still access your funds? Merrimack Valley Credit Union and Bridgewater Credit Union, a division of Merrimack Valley Credit Union, can help you grow your balance with the Money Market account:
- 6 tier interest rate based on account balance
- A $5.00 low balance fee will be charged if your daily balance falls below $2,500
- Maximum 6 withdrawals per month
- Online banking transfers and over-the-counter cash withdrawals count against the 6 withdrawal limit per month
Money Market Accounts Effective Date: Friday, April 23rd, 2021
Minimum to open the account Minimum to Earn APY Dividend Rate APY*
$25.00
$0.00-$2,499.99
0.05%
0.05%
$2,500-$24,999.99
0.05%
0.05%
$25,000-$49,999.99
0.10%
0.10%
$50,000-$99,999.99
0.10%
0.10%
$100,000-$249,999.99
0.10%
0.10%
$250,000+
0.10%
0.10%
APY - Annual Percentage Yield assumes that all funds, including dividends, remain on deposit for 365 days. Fees may reduce earnings. Rates subject to change daily and may change after the account is opened. Accounts are insured by NCUA up to $250,000. Shares and Deposits in excess of NCUA limits are fully insured by MSIC.
*Minimum balance to open is $25.00. APY earned on balances of $0.01 and above. Fees can reduce earnings. Rates may change after the account is opened.
