1.01% APY Best money market rate with Dubuque Teachers Credit Union

Dubuque Teachers Credit Union provides a money in the bank opportunity with their money market account offering the best money market interest rates. The credit union has the following money market rate:

  • $5,000 to $9,999.99    0.80% APY
  • $10,000 to $24,999.99    0.96% APY
  • $25,000 to $99,999.99    1.01% APY
  • $100,000 and above        1.06% APY

You can start earning this best money market rate when you deposit a minimum of $5,000 to open an account. The dividends of this money market deal are compounded and paid every month. The credit union also allows you to make up to 6 withdrawals or transfers through check, pre-authorized, automatic, over the counter, or phone per statement cycle. Please remember that once account is opened the interest rate may change, so I suggest that you contact the credit union to get the most current interest rates.

Membership with Dubuque Teachers Credit Union is open to individuals who lives or works in the counties of Winneshiek, Jones, Jackson, Howard, Fayette, Dubuque, Delaware, Clinton, Clayton, Chickasaw, and Allamakee. For individuals who do not live in Iowa can still be eligible if their educational institution serves the JDC Uni-Serve Unit and the Keystone Area Education Association. Immediate family members are also eligible to join.

To apply for membership, you need to visit the one of the credit union’s office and complete their membership application. You also need to open a share savings account which has a minimum deposit of $25. You are required to bring a copy of your passport, driver’s license, state issued ID, or social security card.

In case you have questions or concerns with regard to their money market rate or membership eligibility you may call customer service thru 888-563-6928. Dubuque Teachers Credit Union is headquartered in Dubuque, Iowa.

Dubuque Teachers Credit Union was established in 1934. This is a very small credit union which has 1,605 members with over $14.87 million in declared assets. An NCUA member which has a charter number 64348.

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Posted on 21st September 2011 by Randell in Money Market Rates

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