Are you looking for a savings solution that offers higher dividend rates but isn't trapped behind long terms? Look no further than a money market account. With a money market account, you can earn more on your savings while enjoying the safety and security of being Federally Insured by the NCUA.
With an Austin Telco Money Market account you'll enjoy:
- Competitive Rates
- Unlimited withdrawals
- Unlimited Deposits
- No monthly service/account fees
- Federally insured up to at least $250,000
Money Market Account - Anticipated Dividends
Effective as of November 1st, 2024
Truth-in-Savings Share Disclosure
| Balance | Dividend Rate | Annual Percentage Yield |
|---|---|---|
| Below $2,000 | 0.00% | 0.00% |
| $2,000 to $24,999 | 0.25% | 0.25% |
| $25,000 to $74,999 | 0.35% | 0.35% |
| $75,000 to $124,999 | 0.40% | 0.40% |
| $125,000 to $499,999 | 0.50% | 0.50% |
| $500,000 to $999,999 | 0.80% | 0.80% |
| $1,000,000 or greater | 0.95% | 0.95% |
- A minimum deposit of $50 is required to open this account.
- No monthly account/service fees.
- A daily balance of $2000 is required to obtain the Annual Percentage Yield for the monthly dividend period.
- Dividends are compounded and paid monthly.
- Please see Fee Schedule.
- Fees could reduce the earnings on the account.
- Rates subject to change without notice.