MONEY MARKET SAVINGS ACCOUNT
Make an Investment in Your Future Today.
Open a high interest Money Market account at Novartis Federal Credit Union.
At Novartis Federal Credit Union, we want to help you reach your financial goal faster with a money market account. Whether you’re saving for your children’s education, for a down payment on a new home, or just planning for a rainy day, you can watch your money grow.
- Competitive Tiered interest rates based on your current balance.
- Daily compounding of interest with monthly posting.
- $500 minimum balance requirement.*
- Easy redemption of your funds.
- Deposits are federally insured up to $250,000 by NCUA.
Money Market Rates
Effective Date 3/20/2020, Rates Subject to Change
|Money Market* Tiered Rates||Rate||APY**|
|$500 - $2,499||0.75%||0.75%|
|$2,500 - $24,999||1.05%||1.05%|
|$25,000 and up||1.25%||1.25%|
|*Money Market Accounts have a minimum balance requirement of $500 and withdrawals are limited to 3 per month.
**APY = ANNUAL PERCENTAGE YIELD
To learn more about our Money Market options or to open a money market account, please visit our Novartis Federal Credit Union office or call 973-947-1000.