Pawtucket Credit Union is pushing for their best money market account called Statement Money Market account. This money in the bank deal has the following current interest rates:

$25 to $2,499.99              0.25% APY
$2,500 to $9,999.99         0.40% APY
$10,000 and above           1.25% APY

You are required to deposit a minimum of $2,500 to open a Statement Money Market account. According to the credit union, you are also required to maintain a daily balance of $2,500 to avoid fees and at the same time earn this best money market rate. Take note that upon opening of you new money market account the interest rates may change, so make sure to check with the credit union for the latest money market rate.

Membership with Pawtucket Credit Union is open all residents of Connecticut, Massachusetts, and Rhode Island, as well as relatives of existing members. You can also call customer service to inquire detailed information with regards to their membership eligibility or you may also ask for their current money market rates thru 800-298-2212.

Pawtucket Credit Union has been serving its members since 1926. They have already reached over $1.1 billion in assets with over 64,000 members. The credit union is also insured by the National Credit Union Association with charted number 67278.