Money Market Account

Money Market Account

An IHCU Money Market Account requires a minimum initial deposit of $1,000. It offers a higher interest rate than a regular savings account, but gives you the flexibility you need. Unlike a Share Certificate, you are not locked into a certain time frame. There is no penalty for withdrawals.

An IHCU Money Market Account is a great investment to make. It is not related to stocks and bonds. It is insured by American Share Insurance, which makes an IHCU Money Market Account a good alternative to the stock market.

Current Deposit Rates

Type of PlanAccount Balance RangeAnnual Dividend RateAnnual Percentage Yield (APY)
Regular Share Savings Account(1)
$100 - $9,999.99
.04%.04%
$10,000 - $49,999.99.04 %.04%
$50,000 - and over.04 %.04%
Christmas Club Share Savings Account(2)
$0 - $9,999.99.04 %.04%
$10,000 - $49,999.99.04 %.04%
$50,000 - and over.04 %.04%
Money Market Share Savings Account(3)
$1,000 - $9,999.99.10 %.10%
$10,000 - $24,999.99.12%.12%
$25,000 - $49,999.99.15 %.15%
$50,000 and over.20%.20%
IRA Savings Account(1)
Effective May 1, 2016
$100 - and over.28 %.28%
IRA Certificates(5)
12 month certificate.95%.95%
18 month certificate1.15 %1.16%
24 month certificate1.25%1.26%
30 month certificate1.30%1.31%
36 month certificate1.45%1.46%
48 month certificate1.75%1.77%
60 month certificate1.95%1.97%
Share Certificates(5)
3 month certificate.09%.09%
6 month certificate.50%.50%
12 month certificate.95%.95%
18 month certificate1.15 %1.16%
24 month certificate1.25%1.26%
30 month certificate1.30%1.31%
36 month certificate1.45%1.46%
48 month certificate1.75%1.77%
60 month certificate1.95%1.97%
Special Rate*25 month certificate2.07%2.10%
Special Rate*37 month certificate2.27%2.30%