Carolina Family Credit Union headquartered in Kinston, North Carolina offers attractive money market rates. The best interest rates for this money market deal is 1.01% APY.

For you to start enjoying this best money market account you need to deposit a minimum of $500 to open an account. You also need to maintain a daily balance of $500 on your account to avoid monthly service fees. The credit union allows you to make transfers or withdrawals six times max per statement cycle. You will also be charged with an excess transaction fee if you go over the limit for transfers or withdrawals.

The earnings of this money in the bank deal is compounded daily and paid on the last day of each month. You can also monitor your account and pay your bills anytime using online banking. Take note that the current interest rate for this money market account is subject to change anytime without prior notice.

Those who want to become a member of Carolina Family Credit Union must worship, live, attend school, or work in the counties of Green and Lenoir in the state of North Carolina. Relatives of existing members are also eligible to join. First, visit the credit unions website then download and complete the membership application form. You also need to write a check payable to the credit union with an amount of $5 for your share savings account as part of the membership requirement. Finally, mail the application and check to Carolina Family Credit Union.

If you are not sure if you are qualified to become a member of the credit union or if you have questions with regard to current money market rate, you may call their office thru 252-520-6602.

Carolina Family Credit Union has been providing its services since 1975. They have grown to have over $11 million in declared assets and also considered as one of the largest credit union in the nation. They are also federally insured by the National Credit Union Association with charter number 22235.