Money Market Accounts

Offers slightly more interest - and slightly less flexibility than a traditional savings account

guaranteed return on investment
rates set weekly, reflecting short term market rates for U.S. government securities
no service fees as long as balance remains at or above $2000*
six free withdrawals allowed monthly
can use pre-printed checks to draw on account
free 24-hour bank-by-phone account access (TESS)
federally insured by National Credit Union Administration (NCUA) up to $250,000
additional private insurance coverage from Excess Share Insurance (ESI) of up to $250,000 per member, for total coverage up to $500,000

* Fees could reduce earnings on the account.