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
- $5.00 maintenance fee if your 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, October 30th, 2020
Minimum Deposit Dividend Rate APY*
$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. Rates subject to change daily. 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.
