1.10% APY Best money market rate with Nashville Firemen’s Credit Union

Nashville Firemen’s Credit Union invites its members to take advantage of their best interest rate with their money market account. The bank has the following current money market rates:

  • $25 to $4,999                           0.20% APY
  • $5,000 to $9,999                      0.75% APY
  • $10,000 to $19,999                   1.00% APY
  • $20,000 and above                    1.10% APY

You can start to earn this best money market rate when you make an initial deposit of $5,000 to open an account. This balance should also be kept as your minimum daily balance to avoid $10 service fee. The credit union also allows you to make up to 6 withdrawals or transfers per statement cycle. If in case you exceed the limits for withdrawal you will be charged $10 per transaction. Please be reminded that once money market account is opened the interest rates may change, so be sure to check for the latest numbers with the credit union.

Membership with Nashville Firemen’s Credit Union is open to retirees and current employees of the Nashville Fire Department. Relatives of current members are also eligible to join. To begin, you must visit the credit union’s office and open a share savings account with a minimum opening balance of $25. Then complete the membership application form and mail it back to the credit union.

The credit union is headquartered in 908 Woodland St. Nashville, Tennessee 37206. You can also call cutomer service if you have questions with regard to membership eligibility or current money market rates thru 615-226-3473.

Nashville Firemen’s Credit Union has been serving its members since 1932. Currently, they have grown to have over $18 million in declared assets. The credit union is federally insured by the National Credit Union Association with charter number 60483.

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Posted on 13th July 2011 by Randell in Money Market Rates

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