Money Market Accounts
- Higher rates
- Fast access to funds
- Strong returns
Put your savings in a really sweet spot
Who wants their money to earn more? Everyone. Who wants to tie up all their extra cash in long-term investments? Not you. With a Money Market, your savings get a boost from our higher dividend rates. But if you need it for any reason - next week, next month or further down the line - you can access it in an instant.
- Higher dividends than most typical savings accounts
- Tiered rate structure, meaning bigger balances can earn even more money
- $2,500 minimum balance for regular Money Market Accounts, $15,000 minimum balance for High-Yield Money Market Accounts
- Easy access to funds at ATMs, Purdue Federal branches, and through digital banking
- Deposits up to $250,000 insured by the National Credit Union Share Insurance Fund1.a
Money Market Rates
| Product1 | Dividend Rate22.a | APY22.a | Min. Opening Balance | Min. Balance to Earn Dividends22.a |
|---|---|---|---|---|
| Money Market Tier 1 | 0.10% | 0.10% | $2,500 | $0 |
| Money Market Tier 2 | 1.13% | 1.14% | $2,500 | $7,500 |
| Money Market Tier 3 | 1.47% | 1.48% | $2,500 | $25,000 |
| Money Market Tier 4 | 2.25% | 2.27% | $2,500 | $100,000 |
| Money Market Tier 5 | 3.00% | 3.04% | $2,500 | $250,000 |
High-Yield Money Market Rates
| Product1 | Dividend Rate22.a | APY22.a | Min. Opening Balance | Min. Balance to Earn Dividends22.a |
|---|---|---|---|---|
| High-Yield Tier 1 | 0.10% | 0.10% | $15,000 | $0 |
| High-Yield Tier 2 | 3.50% | 3.56% | $15,000 | $15,000 |
Discover How Much You Can Earn
Purdue Federal Credit Union serves members worldwide and operates branches throughout Greater Lafayette, Crown Point and La Porte, Indiana.
Helpful Resources
1.a Your shares with Purdue Federal Credit Union are federally insured. Share insurance under the National Credit Union Share Insurance Fund (NCUSIF) are insured by the National Credit Union Administration (NCUA), an independent government agency that regulates, charters and insures the nation's federal credit unions. The standard share insurance amount is $250,000 per share owner, per insured credit union, for each account ownership category.
22.a APY = Annual Percentage Yield. APY is the total amount of dividends paid on an account based on the dividend rate and frequency of compounding for an annual period and assumes that the principal amount remains in the account for the entire period or term of the account. Rates may change after account opening. Fees may reduce earnings. For full details refer to the Rate Sheet Truth-in-Savings Act Disclosure.