Money Market Account
When you're in the market for high yields and anytime access, your money belongs here.
Can you do more with your money at Clearview? Absolutely! When you open a money market account at Clearview Federal Credit Union, you can grow your deposits at healthy rates while enjoying easy access to your money when you need it. This account works with your goals, whether you're saving for something special or futureproofing your finances. Your savings build up quickly here.
Relationship Money Market1
It's all about relationships, and you'll enjoy an enriching one with us. When you have an Absolute Checking® account, you can open a Relationship Money Market account and earn 4.00% APY* on your deposits. Plus, if you set up automatic transfers or automatic payroll deductions, you'll generate even more savings. Just keep a $1,000 average daily balance in this account and complete one of these qualifying actions for this special rate:
- Maintain an active Absolute Checking® account with more than $5,000 in qualifying direct deposits per month; OR
- Make eight qualifying point of sale, PIN, or signature-based Clearview debit card transactions per month from your Absolute Checking® account; OR
- Make eight qualifying Clearview credit card transactions during the cycle date that ends during the month
Dividends are based on your average daily account balance and paid on the last day of every month.2
Clearview Money Market Account
There's plenty to love about our regular money market account, too. Set your savings goals and start reaching them with our competitive money market rates. When you set up automatic payroll deduction or automatic transfers from your checking account, you'll quickly see your efforts pay dividends.
- Dividends are based on average daily account balance3 (higher balances can pay higher returns)
- Dividends are paid on the last day of every month4
- Checks are available upon request.
- Competitive rates
- Easy access to money
- Can serve as overdraft protection to checking accounts
Still not sure if a money market is right for you?
What is a money market account?
Think of it as a hybrid checking and savings account. You can access your money anytime, and write checks from the account, while you're earning dividends at interest rates on par with our strongest savings accounts.
What are its advantages?
The most important difference is that interest rate. Money market rates are typically higher than a standard savings account, which means you earn higher dividends. So your balance grows over time but you're still able to access your money when you need it.
Who should have a money market account?
You! This is especially true if you're trying to create an emergency fund, save for next year's vacation, build up a down payment for a big purchase, or striving for any other short to medium-term goal. Open a money market today.
Relationship Money Market
1. In order to earn the Relationship Money Market stated APY, you must have an active Absolute Checking® account and maintain a $1,000 average daily balance in your Relationship Money Market Account AND one of the following: more than $5,000 in qualifying direct deposits per month to your Absolute Checking® account; OR you must make eight qualifying Point of Sale, PIN, or Signature based Clearview debit card transactions per month from your Absolute Checking® account; OR you must make eight qualifying Clearview credit card transactions during the cycle date that ends during the month. If you do not meet the relationship criteria, your deposits will earn the stated APY for the Clearview Money Market.
2. In order to avoid a monthly service fee of $10.00 per month, you must either maintain an average daily balance of at least $5,000 in your Relationship Money Market account, OR maintain an average daily balance of at least $20,000 in combined deposits in your member account.
Clearview Money Market
3. You must maintain an average daily balance of at least $1,000 in your Money Market account to earn the stated APY.
4. In order to avoid a monthly service fee of $7.50 per month, you must maintain an average daily balance of at least $1,000 in your Clearview Money Market account.