Insured Money Market Account
Looking for something that gives you the access of a savings account, but with the longer term benefits of a CD? Check out Painesville Credit Union’s Money market Account. They provide the flexibility of a savings with limited withdrawal opportunities annually, but if you want to leave it alone, it provides a better interest rate than a savings account. This is a great option that we hope can Make Life a Little Easier.
Open a money market account with a $2000 deposit. Funds are 100% insured up to $250,000 by the National Credit Union Administration, an agency of the U.S. government. Dividends are credited to your account every quarter. You may withdraw up to six times a year with no penalty. Please see staff for current rates.
Youth Money Market
We have a Youth Money Market option. This is a great way to help young members begin to understand managing money and saving for the future. Call or stop in for details.