The Money Market Account is a complement to other HALLCO savings products. It offers more flexibility than a Certificate of Deposit (CD) and potentially much better interest rates than a traditional savings account. A HALLCO Money Market Account is simply another tool available to our members to assist with building wealth without the risk. Remember, the National Credit Union Share Insurance Fund federally insures savings deposits up to $250,000.
This account features a competitive interest rate paid monthly on accounts with average daily balances of $2,000 or more. As your account grows, so does your rate. There is a small monthly fee if your average daily balance falls below $2,000. This is a great account for managing those funds that you “might” need some day.
Access to your Money Market Account is easy, you can write a check (we’ll buy your first 50 checks), transfer money online, or call us for assistance. Hopefully this money can stay put for a while, but it’s very accessible if you need it. There is a fee per transaction if you exceed 6 withdrawals of any type during a month.
Please see our Fee Statement for any applicable fees, or contact us for more information about our money market accounts.
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