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.
You Get:
- 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 5/29/2020, 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 |
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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.