Money Market Accounts
Nuvision Credit Union's money market accounts are a type of savings account that offers a higher savings rate than traditional savings accounts. We currently have three options to choose from:
REGULAR MONEY MARKET
Our High Yield Money Market account is designed to give you easy access to your savings while providing a great way to earn a better return on your funds.
- Nuvision's money market accounts are a type of savings account that offers a higher savings rate than traditional savings accounts.
- Members are rewarded for maintaining higher balances.
- Account may be set up on direct deposit.
- Funds in this account are liquid and may be withdrawn at any time without penalty.
- Convenient 24/7 access using ATMs, Virtual Member Support, Online Banking or in person.
- Peace-of-mind knowing that funds may be utilized as Overdraft Protection.
- Insured up to $250,000 by the NCUA
Advantage Choice Money Market
Earn up to 4.00%APY*
Advantage Choice is a unique account that has a “reverse” effect - providing savers higher rate tiers with lower balances.
- Higher rate tiers with lower balances
- Availability of Funds
- Federally Insured
*Annual Percentage Yield (APY) - APY is accurate as of the last dividend declaration date.
ADVANTAGE CHOICE MONEY MARKET - A minimum balance of $1,000 is required to open the Money Market. A minimum balance of $1,000 is required to earn this rate (must be new money). To qualify for this product, member must possess a Nuvision checking account with a balance of at least $500. Rates shown for Advantage Choice Money Market (aka: Reverse Tier Money Market) are projections only, since dividends are paid from available earnings declared at the end of the compounding period. Rates may change without notice. Nuvision reserves the right to change or end the promotion at any time without notice. Dividends cannot remain on account and payout of dividends is mandatory. One Advantage Choice Money Market Per Household.
HIGH YIELD MONEY MARKET ACCOUNT - A minimum balance of $50,000 is required to open the Money Market. A minimum balance of $50,000 is required to earn this rate (the minimum opening deposit amount has to have at least $25,000.00 of new money that is not currently on deposit with the credit union). The high yield rate will begin at the $50,0000 and above threshold and anything below $50,0000 will revert to the regular money market rate. The High Yield Money Market requires an Advantage Checking account. If the Advantage Checking account is closed, the High Yield Money Market account will be converted to a regular Money Market account. Rates shown for High Yield Money Market are projections only, since dividends are paid from available earnings declared at the end of the compounding period. Rates may change without notice. Fees may reduce earnings on the account. Nuvision reserves the right to change or end the promotion at any time without notice. Dividends cannot remain on account and payout of dividends is mandatory.