Give your Savings Plan a Boost!
With a Money Market Account from MIT Federal Credit Union, you have the ability to build a financial cushion while maintaining easy access to funds.
- Tiered dividends (link to rates) are compounded daily and paid monthly, starting at $1,000
- No maintenance fee, no term requirement
- Funds are accessible at MIT Federal Credit Union branches or through e-Branch
Three Tiers to earn dividends that match your deposit level:
Tier I - Starting at $1,000
Tier II - Starting at $10,000
Tier III - Starting at $50,000
| Account Type | Minimum Daily Balance to Earn | Dividend Rate | APY** | Apply Now |
|---|---|---|---|---|
| Money Market | $50,000.00 | 0.10% | 0.10% | |
| $10,000.00 | 0.10% | 0.10% | ||
| $1,000.00 | 0.05% | 0.05% |
*A $5.00 balance is required to open a Savings Account, which is required for membership at MIT Federal Credit Union. To earn a dividend, you must maintain the Minimum Daily Balance listed above. No dividend will be paid on days when the balance falls below the required minimum. The rate may change after account opening. Fees could reduce earnings on the account.
** APY=Annual Percentage Yield. Share Certificate APY assumes dividends are retained in the Certificate; there may be a penalty for early withdrawal. The required Minimum Daily Balance must be maintained at all times. Other terms and conditions apply. Rates are accurate as of the current date. Rates are subject to change without notice. Please consult a Representative for complete savings information.