PEFCU’s Money Market Account
There are many ways to grow your money, and with PEFCUs Money Market options, you can benefit from the higher returns on your deposits without being locked into a fixed rate or committing to a lengthy term.
The advantages of a money market account make a difference when you need it! You can tap into your funds to pay for that unexpected auto repair or spontaneous weekend getaway. There is no limit on the number of deposits you make, and you can use it for direct deposits.
Money Market
For savers who want flexibility! PEFCU’s Money Market account is a versatile savings account option but with higher earnings than a traditional savings account—and you keep the flexibility of having access to your funds when you need them.
- Competitive rates
- Convenient access
- Easy transfers between your accounts
- Easy access to your funds without withdrawal penalties
- Low-risk, safe investment
An initial deposit of $1,000 is required to open a money market account.
High-Yield Money Market
Savings YOUR way! Earn more from every dollar with PEFCU’s High-Yield Money Market account—an account that pays you back.
- Higher earnings than traditional savings, money market accounts, and even some CDs
- Different tiers to fit your earning goals - the more you save, the more you’ll earn!
- Unlimited transactions and check-writing privileges
- No monthly fees
- No maturity date
- Low-risk, safe investment
The minimum to open a high-yield money market is $25,000, and the rate of return is based on the daily balance in your account. Rates are subject to change. To qualify for the High-Yield Money Market account, the daily balance must meet the criteria listed and you must be an engaged member with a checking account with a debit card, or have an active and current loan with PEFCU.
Open a Money Market Account Today
Ready to open a money market account? Click the button below to apply online or visit your local branch or call (800) 226-6673.