Missouri Credit Union Money Market Accounts

If you're looking to earn a higher rate on your savings, a Money Market Account from Missouri Credit Union might be for you! MCU members can earn money market rates without sacrificing security or liquidity with MCU's Money Market Account. As a benefit to our members, MCU offers this insured account with a low minimum balance of $1,000 (with no minimum balance fees) and pays a higher rate than other liquid accounts.

Money Market Account Features:

  • No minimum balance fees
  • No minimum withdrawal amount
  • No monthly service charges
  • No per check charges
  • Low cost personalized checks
  • Deposit automatically with payroll deposit
  • $1,000 average daily balance requirement to earn interest, but no below minimum balance fee
  • Competitive interest calculated on your average daily balance and paid each month

Money Market Account Rates and APY

Money Market Rates Rate APY
Avg. Daily Balance $100,000.00 or more 0.65% 0.65%
Avg. Daily Balance $50,000.00 - $99,999.99 0.45% 0.45%
Avg. Daily Balance $25,000.00 - $49,999.99 0.30% 0.30%
Avg. Daily Balance $10,000.00 - $24,999.99 0.20% 0.20%
Avg. Daily Balance $1,000.00 - $9,999.99 0.15% 0.15%

What's the Benefit of a Money Market Accounts?

Money Market Accounts offer two main benefits: they have a higher interest rate than traditional savings accounts, and they often have limited check-writing abilities. In this way, Money Market Accounts are a hybrid of checking and savings benefits. This type of account does require a higher deposit than other types of savings accounts and is NCUA & ESI insured.