Money Market Accounts

Earn more with your money with safe and easy access.

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A Better Way to Save

Experience a financial solution where your money securely grows and is available when you need it.

Maximize Interest

Tiered rates reward you as your balance grows. The more you save, the more you earn!

Convenient Online & Mobile Banking

Easily manage your account, transfer funds, and track your balance online or with your mobile device.

Easy access to your money

Enjoy the flexibility to access your money effortlessly —with up to three free withdrawals per month.1

1 After three withdrawals/transfers per month, a fee of $5.00 each will apply. 

Money Market Account Details:

  • $2,000 minimum to open
  • Dividends credited monthly
  • Insured by the National Credit Union Administration (NCUA) for up to $250,000.

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Membership Eligibility
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Discover the HY WOW! difference for yourself!

We are dedicated to being your partner through life's ups and downs, ready to do whatever is necessary to guide and support you. Our success comes from our members achieving financial stability and unstoppable growth.

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Membership Eligibility

How do I open a Money Market Account?

  1. Join.

    Call or visit one of our convenient locations. Not a Member? Join Today!

  2. Open a Savings Account.

    Deposit $5 into a member savings account. This account is required for all members of CACL Financial and gives you access to all of the benefits of CACL membership.

  3. Connect with us!

    Once you've opened your savings account, connect with a representative from our team to open your Money Market Account.

Frequently Asked Questions

A CACL Financial Money Market Account has higher interest rates than other savings solutions and allows you to make up to three penalty-free withdrawals or transfers per month. There is a fee for each additional withdrawal or transfer.

The minimum balance requirement for a CACL Financial Money Market Account is only $2,000 to earn the stated APY.

Money market accounts usually have higher interest rates than a regular savings account, and offer easy access to funds without early withdrawal penalties, like a certificate. 

Yes, because money market accounts earn higher interest rates than other savings solutions, they are ideal for long-term savings. You also have access to your funds. Unlike a certificate, you don't have to wait for the maturity date to make withdrawals or transfers.

You may stop by one of our branches to make a withdrawal in person, transfer funds from your checking account to your money market account, or use your debit card to withdraw funds. 

Yes, credit union money market accounts are insured by the National Credit Union Administration (NCUA) for up to $250,000 of all funds under a given member number.

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