Savers value two things: competitive rates and flexibility to access funds. A money market account offers both. At Park Community, you can open a money market with as little as $1,000. Maintain that balance to avoid the $10 monthly fee and enjoy dividends that grow your savings month after month.
Key Features and Benefits
- Competitive rates: Tiered dividends on balances over $1,000, calculated daily and paid monthly
- Flexibility: Access funds through limited checks and transfers, so your savings are available when you need them
- Automatic deposits: Add to your account through payroll deduction or direct deposit for consistent growth
- Clear tracking: Monthly statements provide peace of mind and help you stay on top of your savings
- Security: Funds are insured up to $250,000 by the NCUA (aggregate share balance, excluding IRAs)
Why Choose a Money Market?
A money market account is well-suited for members who:
- Have funds set aside that they want to earn more on than a traditional savings account provides
- Prefer to keep at least $1,000 in the account to avoid fees and earn dividends
- Plan for occasional withdrawals (no more than six per month) of $250 or more
- Want flexible access to funds without the need for debit cards, overdraft, or bill pay services tied to the account
Earn Higher Rates with Park Perks
Thryve Checking account holders who opt in and maintain Park Perks eligibility have the opportunity to earn even higher money market rates. It’s one more way Park rewards members who stay active and engaged.
Ready to start earning?
Open your Money Market account at Park Community Credit Union today and put your savings to work.
