Citizens Community Federal offers their best money market rates at 2.25% APY for balance of at least $5,000. Funds below this set mark receive 0.75%.

These money market deals are not posted on the bank’s website but were just tipped to us by one of our readers. The money market interest rates may vary any time so it will be best to visit their website from time to time or call them through 877-722-2523.

Account holders do not have check writing privileges with this money market account. The bank can issue a max of three cashiers check every month. If you don’t want that path, you can open a free checking account with them and just transfer your funds to that so you can issue checks. You will also be able to do ACH transfers from other banks.

Interested consumers can open an account by visiting one of their branches. Most of these are in Super Walmarts spread in Minnesota and Wisconsin. We were able to confirm that the branches in Oak Park Height in Minnesota and Shawano, Wisconsin offer the 2.25% APY. A branch in Fond Du Lac, WI offers a lower money market rate of 2.00% APY.

The bank has 3 stars coming from both BauerFinancial and Bankrate.com when they reviewed the banks soundness and safety. The evaluations were both based on their June 2009 data.

Citizens Community Federal is covered by the FDIC. They have certificate number 57265.