Make Your Savings Work Harder for You
You've worked hard to earn your money. You've built up your savings, and now you want your money to earn better interest. An insured money market account is a great tool to earn higher interest rates than a checking or savings account. It is also more flexible than a Certificate of Deposit, which locks the account for a period of time. Insured money market accounts are safe, secure, and protected by the FDIC.
Compare Our Insured Money Market Accounts
| Account Name | Choose this account if… | What You Need to Know About this Account |
|---|---|---|
Insured Money Market Account | To earn higher interest on your savings, but want easy access | $1,000 minimum balance $5 monthly service charge if daily balance falls below $1,000 Limit of 6 pre-authorized transfers per month No per check charge Tiered Interest Rates Easy-to-balance monthly statement |
Premium Insured Money Market Account | You want to earn even more interest and have an existing checking account with SLVFB that has either a debit card or direct deposit. | Earns higher interest rates than regular IMMA Must have an existing checking account with either a debit card or direct deposit $1,000 minimum balance $5 monthly service charge if daily balance falls below $1,000 Limit of 6 pre-authorized transfers per month No per check charge Tiered Interest Rates Easy-to-balance monthly statement |
