Alabama Credit Union continues to provide competitive interest rate with their money market account called Daily Money Market Account. This money market deal has the following current interest rates:

• $2,500 to $10,000                  0.76% APY
• $25,000 to $ 100,000              1.01% APY

You can enjoy this best money market rate when you deposit a minimum of $2,500 to open an account. The dividends of this money market account are paid on a monthly basis. Please remember that you are only allowed to make up to 3 withdrawals or transfers per month. The current interest rate of this money market is subject to change without notice.

If you want to become a member of Alabama Credit Union, you must live, attend school, work, or do business in the counties of Winston, Tuscaloosa, Morgan, Marion, Madison, Lamar, Jefferson, Hale, Fayette, Cullman, Blount, and Baldwin in the state of Alabama. You may also check the list of association and employee groups in the credit unions website or call customer service thru 888-817-2002.

You need to open a share savings account online with a minimum opening balance of $25 plus pay a one time membership fee of $1. do not forget to make a copy of your government issued identification like driver’s license since the bank will be requesting for it. Additional requirements will be your social security number and charge card which will be use to fund your new account.

The credit union has branches located in the cities of Vance, Tuscaloosa, Orange Beach, Northport, Huntsville, Gulf Shores, Foley, Fayette, Fairshope, Decatur, and Cullman in the state of Alabama.

Alabama Credit Union has been in service since 1956. They are considered as one of the largest credit union in the nation with over $410 million in assets and 43,785 members. The credit union is federally insured by the National Credit Union Association with charter number 60823.