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Money Market Account
Higher Balances Deserve
Higher Rates
We know how difficult saving can be, so we think that your effort should earn you a higher dividend rate. That’s why our Money Market Account offers one of our most competitive dividends. So, the more you save, the more you earn and the faster your money grows.
It All Starts Here
The first step is opening a Basic Savings Account, instantly making you a Grow member. From there, you have complete access to all the benefits of membership in a credit union, including opening other high-dividend savings accounts best suited to your financial goals.
Already applied?
Open a Money Market Account in Online BankingWhat Exactly Is a Money Market Account?
A Money Market Account is a versatile savings account that earns dividends and functions similarly to a checking account. When you open a Money Market Account with Grow, you can:
Earn Dividends
Enjoy higher dividends with no minimum balance. Earn higher rates compared to a Basic Savings Account, with no early withdrawal penalties and no minimum balance required to start earning.
Get Anytime Access
Access your funds at any time. Your money is always within reach. Make withdrawals or deposits, transfer money into or out of the account and use checks to access your money. Plus, manage your account easily from anywhere with Grow Online and Mobile Banking.*
Enjoy Higher Returns
Earn more as you save more with our tiered rate structure. You’ll get a higher rate of return as you reach higher balances.
Why Choose a Money Market Account?
Whether you use it to save for an emergency fund, extra spending money, a down payment on a home or another financial goal, your Money Market Account will earn dividends while keeping your money accessible at all times. It’s a great tool for saving money for a rainy day while earning a competitive rate.
Tiered rates
Access to your money
No minimum balance
Insured by NCUA
Watch Your Savings Grow
Discover how much you could earn below.
Money Market Account Dividend Rate Annual Percentage Yield (APY) Balance less than $25,000 1.10% 1.11%1 Balance of $25,000 to $49,999.99 1.35% 1.36%1 Balance of $50,000 to $99,999.99 1.55% 1.56%1 Balance of $100,000 to $249,999.99 1.70% 1.71%1 Balance of $250,000 to $499,999.99 1.90% 1.92%1 Balance of $500,000 and more 2.10% 2.12%1 Dividend Rate 1.10% Annual Percentage Yield (APY) 1.11%1 1The APYs are accurate as of 12/15/2024 and may change without notice after the account is opened. This is a tiered account. Variable Rate Account. Fees could reduce earnings.
Get the Most Out of Your Savings
Our dedicated Grow team members have crafted this guide to help you understand and maximize your savings options.
See All Blogs
September 9, 2021Learn MoreOpen a Money Market Account for Better Rates and Access to Your Money
If you’re looking to earn one of our most competitive rates but still be able to get your hands on your money when you need it, opening a Money Market Account is the perfect solution.
April 4, 2024Learn MoreSave More to Earn More With Money Market Accounts
Earn one of our most competitive rates while still maintaining access to your funds with a Money Market Account.
March 11, 2024Learn MoreBeyond Basic Savings: More Savings Options at Grow
Grow membership starts with a Basics Savings Account, but your savings options don’t stop there. We make saving easier with smart accounts and competitive dividends that help you make the most of what you’ve got.
Important Information About Procedures for Opening a New Account
To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account. What this means for you: when you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.
Accounts are subject to approval.
*Additional data charges may apply. Please see your wireless carrier for more information.
