Money Market

Consider it a new kind of "Super Market" with super rates and super flexibility. Money Market Accounts can bring the best of both worlds for the saver who doesn't like their money too far out of reach.

If you like the flexibility of being able to withdraw funds from your savings account, but enjoy earning a higher dividend rate on your deposit - then a Money Market Account from Loudoun CU seems like a great match for you.

Rate Information

Dividends are calculated based on the average daily balance method and are paid and compounded monthly. Dividends on Money Market Accounts are paid on the last day of each month.

Rates are structured based upon the following tier:

  $0
    $2,500
    Minimum Balance
    
  

  $2,500.01
    $19,999.99
    Tier One
    Rate 1
  

  $20,000.00
    $49,999.99
    Tier Two
    Rate 2
  

  $50,000.00
    Over
    Tier Three
    Rate 3
  

A minimum daily balance of $2,500 in the account each day to earn the disclosed annual percentage yield.

MINIMUM BALANCE REQUIREMENTS

Minimum to open - $2,500

TRANSACTION LIMITATIONS

Minimum deposit allowed - $250
Minimum withdrawal - $500
Maximum withdrawals per month - two
The credit union reserves the right to require a seven (7) day notice of withdrawal
Subject to Regulation D

FEES / CHARGES

Excessive Withdrawal Fee (over two withdrawals per month)
Minimum Withdrawal Fee (any withdrawal less than $500)
Monthly Service Charge if balance falls below $2,500 at any time
Deposit Less than Minimum ($250)

Benefits:

Accessibility to Funds

Money Market Accounts allow you two withdrawals per month with no penalty.

Higher Dividend Rates

Earn a higher rate on a Loudoun CU Money Market Account vs. a regular Share Savings Account.

No Monthly Fees

There are no hidden fees or small print to be weary of when it comes to your Money Market Account. Trust us, you'll never see "Monthly Service Fee" on your transaction history.

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