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Money Market Accounts

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A Money Market Account combines the ability to access your money when you need it most with a higher dividend rate than our Share Savings Account. 

  • No monthly maintenance fee with minimum average daily balance requirement ($2,500 for Money Market Demand and $25,000 for Money Market Yield)**
  • Competitive dividend rates
  • Convenient check writing privileges with free standard checks for life
  • Up to six transactions per month (maximum three by check)***
  • 0.25% APR* rate discount on First Northern auto loans or fixed-rate Home Equity Loans with a Money Market Yield account****

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Money Market Demand
Balance APY*
$25,000 and above 1.00%
$2,500-$24,999.99 0.70%
$0-2,499.99 0.05%
Money Market Yield
Balance APY*
$100,000 and above 1.60%
$50,000-$99,999.99 1.50%
$25,000-$49,999.99 1.25%
$0-24,999.99 0.10%

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*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 money market accounts 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 6/30/2025. Other fees and conditions may apply and may reduce earnings. See fee schedule for details.

**Other fees may apply and may reduce earnings. See fee schedule for details. If at any time during any monthly statement cycle, the average daily balance falls below the required minimum, account will be subject to a minimum balance fee once during the statement cycle. There also may be an annual fee assessed if average daily balance falls below minimum. An annual fee will be charged once each year if average annual daily balance falls below the required minimum for the year.  See fee schedule for details. Average daily balance computation method:  Dividends are calculated by the average daily balance method which applies a periodic rate to the average daily balance in the account for the period.  The average daily balance is calculated by adding the balance in the account for each day of the period and dividing that figure by the number of days in the period.  The period we use is the monthly statement cycle. Accrual of dividends on noncash deposits:  Dividends will begin to accrue on the business day noncash items are deposited (for example, checks) to account.

***During any month, you may not make more than six withdrawals or transfers to another credit union account of yours, or to a third party, by means of a preauthorized, automatic, or computer transfer or telephonic order or instruction.  No more than three of the six transfers may be made by check, draft or similar order to a third party.  If you exceed the transfer limitations set forth above, your account may be subject to an over transaction volume limit fee for each debit transaction (withdrawal, draft or check paid, automatic transfer or payment out of this account), or closure by the credit union. See fee schedule for details.

****Some restrictions apply. Does not include discounts on promotional rates.