a money market designed to grow your mission
Non-profits like yours deserve more than just a place to save. You deserve a financial partner that understands your purpose.
Community Money Market Rates up to 4.00% APY*
What is a Community Money Market?
A Money Market is like a high-interest savings account with checking account privileges. Community Money Market Accounts are made specifically for non-profits.
- Tiered money market exclusively for non-profits
- Earn up to 4.00% APY* with flexibility and access to funds
- No term commitment: just real returns and community alignment
Community Money Market Benefits
Our Community Money Market is tailored to non-profits and allows you to earn higher rates as your balance grows, while still giving you access to your money when you need it.
Competitive Rates
Earn more as your funds grow with up to 4.00% APY*
Access When You Need It
No early withdrawal penalties plus online and in branch access
Mission-Aligned Banking
Your deposits help support community development and underserved populations
Personal Support
Guidance from local people who understand non-profits
Community Money Market Rates
| Tier | Range | Dividend Rate | APY* |
|---|---|---|---|
| Tier 1 | $1,000 to $49,999.99 | 2.956% | 3.00% |
| Tier 2 | $50,000 – $149,999.99 | 3.440% | 3.50% |
| Tier 3 | $150,000 – $249,999.99 | 3.682% | 3.75% |
| Tier 4 | $250,000 and higher | 3.922% | 4.00% |
Looking for more information?
Frequently Asked Questions
What is a money market account?
Money market accounts are a type of savings account that typically offers higher interest rates than regular savings accounts while providing limited check-writing and transaction capabilities. They are a good option for those seeking to earn more on their savings while maintaining some access to their funds.
How often can I withdrawal from a money market account?
Park Community money market accounts offer 6 free withdrawals per month with $250 minimum per withdraw.
Are money market accounts insured?
Yes, money market accounts are insured up to $250,000 by the NCUA.
How are money market dividends calculated and credited?
Money market account dividends are compounded and credited monthly.
Can I add money to a money market account after opening?
Yes, money market accounts allow you to add additional funds at any time.
What is the difference between a money market account and a share certificate?
A money market account and a share certificate are both savings vehicles that offer interest, but they differ in their liquidity and interest rate structures. Money market accounts provide easier access to your funds, while share certificates lock in your money for a fixed term, offering potentially higher interest rates in exchange for less liquidity.
Can money market accounts have joint ownership?
Money market accounts may be jointly owned. Ownership will be joint with full rights of survivorship, unless otherwise requested.
Ready to Grow Your Impact?
Fill out the quick form below to speak to a member of our team! You can also give us a call or stop by your nearest branch to get started.
Details
*APY = Annual Percentage Yield. The Community Money Market is a tiered rate account. APY is determined by account balance. Balances $1000.00-$49,999.99 will earn 3.00% APY, balances $50,000.00-$149,999.99 will earn 3.50% APY, balances $150,000.00-$249,999.99 will earn 3.75% APY, and all balances $250,000.00 and above will earn 4.00% APY. APY of 4.00% only applicable to balances over $250,000.00. APY current as of 5/1/2025 and is subject to change without notice. APY is accurate as of last dividend declaration date. Dividends are calculated by the average daily balance of at least $1000.00. No dividend will be earned on any dividend period if the average daily balance is below $1000.00. Rates may change after account is opened. $1000.00 minimum deposit required to open account. Fees may reduce earnings. Offer valid for non-profit organizations only. Must qualify for membership. Federally Insured by NCUA.