1.11 best money market rates with VIA Credit Union

Via Credit Union is offering a high yield money market account that earns 1.11% APY for Premier Money Market account with balances of $100,000 and above. Anything below $100,000 earns 0.50% APY.

The credit union also offers regular money market account which offers competitive but lower interest rates. This money in the bank deal requires a minimum balance of $2,000 to get the highest interest rates. This is structured in the following manner:

$0.01 to $1,999.99            0.50% APY
$2,000 to $9,999.99           0.60% APY
$10,000 to $24,999.99       0.75% APY
$25,000 and above             0.95% APY

Some important notes about their best money market accounts:

  • This money market account has variable interest rates which means that the money markets rates may change after account openning
  • The earning are compounded and posted on a monthly basis
  • You can withraw anytime without worrying about dividend loss
  • You can deposit additional funds anytime
  • You can issue up to three checks per month to 3rd parties.

If you are not yet a member of this credit union and you live or work in Grant, Miami, Madison or Blackford county you maybe qualified to be a member. You can also get through if you have relatives who are also a member. You can also get in if you are employeed by companies which are affiliated to this credit union. You have to deposit $5 to sign up for the membership and at least maintain an amount of $50 on the account to avoid a $3 service fee.

Interested individuals may visit VIA Credit Union office, their branches are located in Marion , Gas City and Hartford in Indiana. If you have questions or specifics on money market account you may call them thru 1877-673-3284.

Via Credit Union is member of NCUA and Excess Share Insurance.

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Posted on 31st March 2011 by Randell in Money Market Rates

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