Accounts that offer freedom, flexibility & savings

Money-Market-Overview

First Northern Credit Union provides its members with a variety of ways to invest and save. Our Money Market accounts combine a higher interest rate than most other basic savings and checking accounts, with the ability to access your money when you need it most.

First Northern offers two types of Money Market accounts for members with a number of convenient benefits. In addition to very competitive interest rates, First Northern Money Market account holders receive:

  • Convenient check-writing privileges
  • Free standard checks for life
  • Up to six transactions per month (three by check)
  • .25% lower on auto or fix-rate home equity loans
  • Your account is insured by the NCUA*

Stop in to discuss which Money Market account is right for you. A Financial Service Advisor will be happy to answer your questions and help you get started. Or just Contact Us with your questions and someone we’ll get back to you as soon as possible.

A Money Market account with First Northern Credit Union is just another great way to keep your money earning for you. Get started today and enjoy the benefits of your First Northern membership.

 

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Money Market - Market Yield

$100,000 and above 0.30% APY
$50,000-$99,999.99 0.25% APY
$25,000-$49,999.99 0.15% APY
$0-24,999.99 0.05% APY

 

Money Market - Market Demand

$25,000 and above 0.15% APY
$2,500-$24,999.99 0.10% APY
$0-$2,499.99 0.05% APY

APY=Annual Percentage Yield.

Rates subject to change. You must maintain the minimum average daily balance requirement of the account to obtain the disclosed APY. Yields for all share savings accounts (above) are declared quarterly by the Board of Directors. Dividends are paid retroactively and based on earnings for the period. The dividend yield listed is for the period ending 12/31/2013. Yields for other deposit products are declared and paid monthly. Fees may reduce earnings. For CDs, a penalty may be imposed for withdrawals before maturity.