Money Market Accounts
A Wanigas Credit Union Money Market Account is a safe and convenient way to save your money and get a higher yield than you would on a traditional savings account.
Our Money Market Accounts offer:
- Variable rates compounded and paid monthly. Fees may reduce earnings. A fee may be charged for early withdrawal of a fixed-term certificate or IRA.
- Tiered rates which mean higher rates for higher balances
- 24-hour access either online or with EZ Telephone Banking service
- Unlimited deposits
- Ability to write checks
We have two different money market accounts:
Cash Management Account
Our Money Market Cash Management Account is part money market account, part checking account – to give you the best of both worlds. You’ll get all of the benefits of our checking account plus monthly dividends*. Just maintain a balance of $2,500 or more and you’ll receive dividends at a variable rate set by our board of directors.
*If account balance dips below $2,500 you will not earn dividends. If account balance is between $2,500 - $49,999, you will earn regular savings dividends.
Power Saver Premium Money Market Account
If you’re a dedicated saver, then this is the account for you. The Power Saver Premium Money Market Account gives you an outstanding rate and moderate flexibility.
Our Power Saver Premium account offers:
- Up to six transactions per month, a minimum of $500 each†
- Great returns with insured savings
Discover what these accounts can do for you and your savings. Stop by or call one of our branches for more information.
†If transaction limit is exceeded, a $25 transaction fee will be imposed. In compliance with Regulation D, this account is limited to a total of six withdrawals or transfers per month. Of these transactions, three may be made payable to a third party via check, draft, debit card or similar order made by the depositor and payable to third parties.