A money market account is one of the best ways for you to let your money grow in the bank without being locked in for a specific term. It’s important to know what the best money market rates are. If you’re looking for the highest money market rate with the most lenient terms, you should consider Citizens Federal Credit Union’s Money Market Account.

This account allows you to earn 1.20% APY and only requires you to deposit $2,500 a month to open the account and earn interest. The dividend rate is also impressive, at 1.19% every month. Nothing about monthly service fees and fees for check orders are stated in the website, but you may call their hotline to inquire. Just dial 1.800.248.2328 to make your inquiries.

To ease you into the application process, you can download their forms online. If you prefer to apply in person, though, just visit one of their branches. Citizens FCU was established in 1978 to support employees of Webb Airforce Base and their family members. Today, they offer services to a larger population, namely those who are living, working, worshipping, and studying in Borden, Howard, Glassock, Midland, and Martin, Texas.

While the headquarters of the credit union is in Big Spring, Texas, branches are also located in Midland. Make sure that you double-check the rates first before making your trip to the bank. These MMA rates tend to be very fickle, and you only want the best deals in the market.

Citizens Federal Credit Union scored quite well in terms of financial health and safety. However, they did receive mixed star ratings from Bankrate.com (three stars out of five) and BauerFinancial.com (five stars out of five). The credit union is federally insured by NCUA. You can check Charter # 10170 to verify this information.