Rates reflect dividends for the period of October 1, 2023 - December 31, 2023. For updated information, inquire at any FedChoice Financial Service Center location or contact our Member Care Center at 301.699.6151 • 800.969.6151.
Money Markets
Type of Account |
Minimum Opening Balance |
Minimum Daily Balance
to
Earn Declared Rate |
APY* |
Earn More† |
Money Market |
$1,500.00 |
$1,500.00 to $20,000.00 |
1.40% |
1.50% |
|
$20,000.01 |
$20,000.01 to $50,000.00 |
1.45% |
1.55% |
|
$50,000.01 |
$50,000.01 to $100,000.00 |
1.50% |
1.60% |
|
$100,000.01 |
$100,000.01 & Over |
1.65% |
1.75% |
Dividends Compounded and Credited: Monthly
Balance Method: Average Daily Balance, Limitations: Refer to Membership and Account Agreement including Disclosures.
*Fees: Refer to Service Fees.
†Earn More Money Market = FedChoice Federal Credit Union checking account with Money Market - Money Market earns an extra .10% BONUS
*Any APY (Annual Percentage Yield) provided in this disclosure assumes dividends will remain on deposit until maturity for accounts with terms, or for at least one year for accounts with no terms. A withdrawal will reduce earnings. Rates for variable-rate accounts are in effect through the period disclosed. See your account disclosure for additional information about your account.
All rates subject to change without notice. Please call the Credit Union to confirm posted rates. Your savings are insured up to $500,000. The first $250,000 per member is insured by the National Credit Union Administration(NCUA), a U.S. Government Agency, with an additional $250,000 of coverage provided by Excess Share Insurance Corporation (ESI), a private corporation.