Money Market Savings Account
Allegent's Money Market Account is a savings account that combines the benefit of a higher rate of return than our regular savings account as well as offering liquidity and convenient access. This account is an excellent choice for members seeking a combination of liquidity and higher rate of return on larger balance savings accounts.
A minimum deposit of $2,500 is required to open this account. Dividends are paid monthly and are calculated on an average daily balance of $2,500 or more. Higher (tiered) dividend rates are paid on balances of $10,000 or more and $25,000 and over. Click here to view current savings rate.
Deposits can be made in person, through automatic payroll deduction or automated transfer. Up to six transfers or withdrawals per month may be made in any amount. Withdrawals can be made in person or transferred to your regular savings or checking account, or made by credit union check. No more than three (3) of the six (6) transfers per month may be made by check, draft, or debit card to a third party. A monthly fee will be assessed only if the average daily balance falls below $2,500. Click here to see our Fee Schedule and Truth-in-Savings Disclosure for additional information.