Your Preferred Financial Partner For Life

Quick Links

Home » Deposits » Money Market Accounts

Money Market Accounts

Money Market Accounts are another way to save at higher rates without tying up your money for long time periods. Because they have higher rates, higher balances are required to earn dividends. MSDFCU has three tiers based on the amount you deposit into the account:

  • $2,500-$19,999
  • $20,000-$79,999
  • $80,000 and more

Provided your Money Market Account falls within the specified range, you earn the associated rate. You must maintain a minimum of $2,500 to earn dividends.  There are no penalties for withdrawal, no minimum balance fees, and you can access your account through Online Banking or by requesting checks for the account. There is a fee to purchase the checks and a minimum withdrawal of $500 per check. The Money Market Account cannot be tied to overdraft services. If you use Online Banking to transfer and access your Money Market funds, there are no fees.  Money Market Accounts are insured up to $250,000 by NCUA.

To open a Money Market Account, you must complete the Account Change Form and submit it with a minimum deposit of $1, or open it through your Online Banking Account.

 
facebook twitter
Merck Stock Activity Equal Housing Lender NCUA Your savings fedarally insured to at least $250,000 and backed by the full faith and credit of the United States Governmennt
MSDFCU's ABA Number: 231386645
335 West Butler Avenue, Chalfont, PA 18914|(215) 996-3700
Privacy Policy| Disclosures |Careers|Site Map

External Website Disclaimer

You are now leaving the Merck Sharp Dohme FCU website. The third-party website you are going to is not operated by MSDFCU. The privacy and security policy may differ from those practiced by MSDFCU. Please review their privacy and security policies. MSDFCU does not endorse nor regularly review the materials of the third-party website, and does not represent either the third party or member if the two parties enter into a transaction.