Sonoma County Grange Credit Union has been offering a very attractive interest rate for their money market account. The credit union allows you to earn an interest rate of 1.131% APY when you open an account. You will be required to make an initial deposit of at least $5,000 to open an account. You also need to a daily balance of $5,000 to earn this best interest rate.

The earnings of this money market deal is compounded and credited every month. You are also allowed to make up 3 withdrawal or transfer through check per month. The down side of this money market account is that it has a monthly service fee of $2.75 and the only way that this could be waived is when you have a balance of $60,000 and above on your account. Take note that the fees may reduce the earnings, and the current interest rate may change once the account is opened.

You can join Sonoma County Grange Credit Union when you work in the field of agriculture in the counties of Lake, Mendocino, Napa, Marin, and Sonoma in the state of California. This includes ranchers, farmers, marketing, business of processing, producing or transporting of agriculture commodities, supplies to agriculture business, or selling equipments. Immediate family members are also eligible to join.

The credit union requires you to visit their office to apply for membership which is located in Santa Rosa, California. First, you need to fill up their membership form then deposit a minimum of $25 on your share savings account. Then you can go ahead and open your new money market account. Please remember to bring valid identifications since the bank will be asking for it. For more information about this best money market account and membership eligibility, you may call customer service line at 707-584-0384.

Sonoma County Grange Credit Union has been in business since 1948. The credit union is registered with NCUA and has a charter number 63373.