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Money Market
August 1, 2008
If you want to build your savings an Earthmover money market might be right for you. Our money market account pays a tiered dividend that varies weekly. For example, in July our money market paid: Balance Annual Percentage Yield $1,000-$9,999.99 1.26% $10,000-$24,999.99 1.76% $25,000 and up 2.27% A money market account can help you build savings because you can’t access it through an ATM or at the teller window. The only way to withdraw from your money market account is to write a check for at least $250. So, you can’t spend your savings on little things. You can only spend it on substantial purchases that you would have to save up for. You are allowed up to three checks per month on your money market account and each check must be for at least $250. If a money market account sounds like a vehicle that would help you reach your savings goals, stop in and open one soon. Now is always the best time to start saving.