Extra Credit Money Market Account
TPS CU's Extra Credit Money Market Account offers a higher interest rate than the Regular Share Account. And the Money Market Account is tiered so that the more you save, the more you earn.
Opening a Money Market Account requires a minimum $2500 balance. Interest is calculated on the average daily balance and paid monthly. Rates are variable and subject to change without notice. Other restrictions apply.
Up to six withdrawals are permitted per month. Additional transactions are allowed for a $25 fee each. Complete disclosures are available at both branch offices.
The following tiered rates were effective as of May 31,2010:
| $.01 - $2,499.99 |
0.25% APY* |
| $2,5000.00 - $9,999,99 |
0.50% APY* |
| $10,000.00 - $24,999,99 |
0.60% APY* |
|
$25,000.00 -$ 49,999,99
50,000.00 and up
|
0.75% APY *
1.10% APY*
|
*APY = Annual Percentage Yield.