Money Market Checking
If you’re looking for a way to save time and money with more convenient banking, look no further than Community West Credit Union, which serves West Michigan out of our six locations. Opening an account is easy and gives you access to great member benefits and perks, too!
The Benefits of a Money Market Checking Account
The Money Market Checking account is the best of both worlds and allows you to spend a little while receiving an incentive to save a little. It has the benefits of a savings account with the convenience of a checking account. The higher the balance, the more you will earn, while still having easy access to your money as needed. The Money Market Checking account features:
- No minimum balance to open
- The account begins earning interest at $2,500
- Tiered interest rates – the higher the balance, the more you earn
- Up to six withdrawals per month without penalty
- Access to your money via debit card, checks, bill pay, transfers and more
- Interest paid monthly, computed on the average daily balance.
How to Get Started
To get started with a Money Market Checking account, simply open an account online today! Or make an appointment to meet with one of our representatives. There’s no minimum balance required, so opening your new account is easy! We strive for better solutions for our members, and now’s your chance to enjoy an interest-earning Money Market Checking account.
Rates effective as of today.
|Money Market ($2,500 – $9,999)||0.10% APR||0.10% APY|
|Money Market ($10,000 – $49,999)||0.20% APR||0.20% APY|
|Money Market ($50,000 – $99,999)||0.25% APR||0.25% APY|
|Money Market ($100,000+)||0.30% APR||0.30% APY|
APR = Annual Percentage Rate.
APY = Annual Percentage Yield. Rates Subject to Change
Account begins earning interest at $2,500 balance.
Fees may reduce earnings on the account. Click here for fee schedule.