Grow Your Savings and Complement Your Portfolio With a Money Market Account
When you want to grow your savings, develop your portfolio and keep your money safe, a Money Market savings account can provide the stability you and your family are looking for.
There are many options for savings accounts, creating a choice that can be difficult for investors like you. Money Market accounts, however, offer many distinct advantages over traditional savings accounts that can a provide stable and reliable investment option that can stand along or serve as a risk-free component to your financial portfolio.
Money Market savings accounts are similar to savings accounts at a traditional bank with several distinct advantages. Money Market accounts offer higher than average interest rates that can increases with higher balances, offering savings and growth options beyond a flat rate interest structure. These Money Market rates can provide a more beneficial experience to grow your money in a safe and secure environment, expanding your investment portfolio in a more productive way.
- Minimum $2,000 balance required to open and maintain a Money Market savings account
- Multiple dividend tiers that provide a greater dividends for greater account balances
- Money Market savings rates that are beyond average savings account interest rates
- Unmatched liquidity while growing interest and keeping your money safe
- No penalty on Money Market withdrawals or closure of the account
- Daily figuring of dividends
- Monthly Money Market dividend payments
- Payroll deductions available to Money Market members
- FREE balance inquiries to Money Market members
- Potential for primary savings account functionality
- IRA investment options available
Are you ready to see your savings grow? Call today to speak with a Money Market expert at St. Cloud Financial Credit Union and learn more about what we can do for you.