Features
Maximize your savings and financial future! Whether you choose a Money Market or Super Saver account, you’ll earn a higher competitive yield and enjoy anytime, easy access to your money.
- Higher balances earn more with tiered rates
- Money Market requires $1,000 minimum deposit
- Super Saver requires $25,000 minimum deposit
- Money Market requires $1,000 minimum deposit
- No monthly fees
Money Market vs. Super Saver
Money Market | Super Saver |
Interest Compounded & Paid | |
Monthly | Quarterly |
Minimum Balance to Receive Interest | |
$1,000 | $25,000 |
Account Structure (Tiers) | |
$1,000 – $9,999 $10,000 - Above |
$25,000 – $49,999 $50,000 - Above |
Balance Falls Below 1st Tier | |
The member will receive 0.00% for the interest period. | The member will receive 0.00% for the interest period. |
Interest | |
* If the balance is above $1,000 and below $9,999 it will receive the 1st tier rate. (or) * If the balance is above $10,000 it will receive the 2nd tier rate on the entire balance. |
* If the balance is above $25,000 and below $49,999 it receives the 1st tier rate. (and) * The balance of $50,000 and above receives the 2nd tier rate. |
Compounding & Crediting Interest | |
Interest is compounded daily and credited monthly. | Interest is calculated on the actual daily balance without compounding and credited quarterly. |
How Withdrawals affect Interest | |
If funds are withdrawn, interest on those funds will not be paid past the date of withdrawal; only the remaining balance. | If funds are withdrawn, interest on those funds will not be paid past the date of withdrawal; only the remaining balance. |
Check Writing | |
Check writing allowed | No check writing on SSA |
Individual Retirement Accounts (IRAs) | |
No IRA available | IRA Super Saver Accounts are available |
Funds Availability | |
Same as Savings Account | Same as Savings Account |