Money Market accounts are ideal for emergency accounts or short-term savings without being locked into a fixed rate/long term commitment.
Open a tiered Money Market account and as your balance grows, your yield will increase. Your account pays monthly dividends and with your money market account you get:
- Competitive rates
- Up to six withdrawals per month
- By check
- Online
- In person
- Through any AgFed owned ATM
- Convenient account access and the freedom to manage your account online
- No early withdrawal penalty
Money Market FAQs
Money Market
| Balance Amount |
Dividend
Rate
|
Frequency |
APY* |
| $0 - $2,499 |
0.05% |
Monthly |
0.05% |
| $2,500 - $9,999 |
0.15% |
Monthly |
0.15% |
| $10,000 - $24,999 |
0.25% |
Monthly |
0.25% |
| $25,000 - $49,999 |
0.35% |
Monthly |
0.35% |
| $50,000 + |
0.45% |
Monthly |
0.45% |
*APY is Annual Percentage Yield. Rates are subject to change without notice. For share accounts in which transfer limitations apply, no more than six (6) pre-authorized, automatic, or telephone transactions may be made from these accounts to another account of yours or to a third party in any month. Withdrawals can be made by check, online, in person, or through any AgFed-owned ATM. The minimum check amount that can be written from a Money Market account is $500.00. It should state on the face of the check that it is not valid for less than $500.00