The Keesler Federal Credit Union still offers competitive money market rates currently at 2.02% APY for balances of $2,500 and up. Portions of the money market account below the $2500 line earns 1.00% APY.

The current interest rate for the money market account is among the best in Mississippi. The interest rates may change any time though so it will be best to contact the bank prior to signing up for anything.

The high interest money market account with Keesler limits fund transfers and third party withdrawals to six per month. Three of this six can be made through check. You will be charged with a fee for every transaction that goes beyond the monthly limit. In-house transactions are limited.

Earnings of the money market account are compounded and credited per month.

Membership to the credit union makes eligible those who belong to the core military units and government agencies. You can also qualify through select employee groups most of which are companies from the southern portion of the Mississippi. Membership can also be based on family and household affiliation. You can call them 1-888-KEESLER to check if you can become a member.

There is also an online application if you want to apply as a member. You then have to mail the form to their office. If you are not comfortable doing it over the internet, you can always visit one of their branches.

Keesler Federal Credit Union is headquartered in Biloxi in MS. They have about 13 branches spread across South Mississippi. They also operate overseas and have four branches in the United Kingdom.

The credit union is covered by the NCUA.