Money Market Account

Would you like to earn a higher yield on large-balance savings accounts?  You may consider a  Money Market Account.

A Money Market Account is considered a savings, subject to certain restrictions. Restrictions include a minimum balance of $2,500.00 in the account and since the account is not considered a transaction account (checking account)  a limit of six withdrawal transactions to third parties are permitted per month.

Benefits Include:

Higher Yield Dividend Rate

A Money Market Account pays a higher dividend rate than a savings account and dividend rates are tiered based on account balance. View the rates page for tiers and current rates. As an added benefit, Superior Rewards members earn .15% above posted rates.

Withdrawals and Deposits Allowed

Withdrawals are allowed anytime in amounts of $250.00 or more as long as account does not drop below the $2,500.00 minimum balance. Make deposits to this account anytime in increments of $100.00 or more.

No Fees

There are no fees to open or maintain a money market account, and should you need to close this account you will not be assessed a penalty or fee.

Funds Are Insured

Funds are insured up to $250,000 be the National Credit Union Administration (NCUA)

A Harbor Pointe Credit Union Money Market Account has a limit of six (6) electronic debits per month. This includes online or phone banking transfers, online bill pay, and recurring electronic debits. See fee schedule for excessive withdrawal fee.  There is no limit on “in-person” access or transfers of funds to Harbor Pointe CU loans or withdrawals done at a branch.