1.10% money market rates with First Basin Credit Union

First Basin Credit Union offers their highest interest rates through their Platinum Money Market account which requires a deposit of at least $2,500 to earn the posted current interest rates:

$2,500 to $14,999            0.70% APY
$15,000 to $24,999          1.00% APY
$25,000 and up                1.1% APY

The high earning money market account compounds interest on a daily basis and credits earning on a monthly basis. There is no minimum balance nor any service fees to worry about.

It seems you need to go to one of their branches to apply for membership or open an account. They have offices in Odessa, Andrews, and Midland in Texas. You can call their member services through 1800-322-7242 or via 432-333-5600.

You are eligible to become a member of First Basin CU if you are living, studying, working, or worshipping in the counties of Brewster, Andrews, Crande, Ector, Dawson, Glasscock, Jeff Davis, Gaines, Pecos, Midland, Martin, Winkler, Upton, Reeves, Presidio, or Ward.

First Basin Credit Union has a declared assets of around $153 million with deposits of around $139 million.

Your deposits with this credit union are covered by the NCUA.

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Posted on 16th April 2011 by Randell in Money Market Rates

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