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 federally insured by the National Credit Union Administration, which makes an IHCU Money Market Account a good alternative to the stock market.
Current Deposit Rates
| Type of Plan | Account Balance Range | Annual Dividend Rate | Annual Percentage Yield (APY) |
| Regular Share Savings Account(1) Effective May 1, 2016 | $100 - $9,999.99 | .04% | .04% |
| Effective May 1, 2016 | $10,000 - $49,999.99 | .04 % | .04% |
| Effective May 1, 2016 | $50,000 - and over | .04 % | .04% |
| Christmas Club Share Savings Account(2) Effective May 1, 2016 | $0 - $9,999.99 | .04 % | .04% |
| Effective May 1, 2016 | $10,000 - $49,999.99 | .04 % | .04% |
| Effective May 1, 2016 | $50,000 - and over | .04 % | .04% |
| Money Market Share Savings Account(3) Effective March 1, 2017 | $1,000 - $9,999.99 | .10 % | .10% |
| Effective March 1, 2017 | $10,000 - $24,999.99 | .12% | .12% |
| Effective March 1, 2017 | $25,000 - $49,999.99 | .15 % | .15% |
| Effective March 1, 2017 | $50,000 and over | .20% | .20% |
| Share Draft Checking Account(4) Effective May 1, 2016 | $500 - $2,499.99 | .04 % | .04% |
| $2,500 - $9,999.99 | .04 % | .04% | |
| $10,000 - and over | .04 % | .04% | |
| IRA Savings Account(1) Effective May 1, 2016 | $100 - and over | .28 % | .28% |
| IRA Certificates(5) | |||
| 12 month certificate | .50% | .50% | |
| 18 month certificate | .55 % | .55% | |
| 24 month certificate | .90% | .90% | |
| 30 month certificate | .95% | .95% | |
| 36 month certificate | 1.25% | 1.26% | |
| 48 month certificate | 1.55% | 1.56% | |
| 60 month certificate | 1.75% | 1.77% | |
| Share Certificates(5) | 3 month certificate | .09% | .09% |
| 6 month certificate | .30% | .30% | |
| 12 month certificate | .50% | .50% | |
| 18 month certificate | .55 % | .55% | |
| 24 month certificate | .90% | .90% | |
| 30 month certificate | .95% | .95% | |
| 36 month certificate | 1.25% | 1.26% | |
| 48 month certificate | 1.55% | 1.56% | |
| 60 month certificate | 1.75% | 1.77% |