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/ Christmas Club Share Savings Account
.04%.04%
Money Market Share Savings Account
$1,000 - $9,999.99.30 %.30%
$10,000 - $24,999.99.30%.30%
$25,000 - $49,999.99.35%.35%
$50,000 and over.40%.40%
IRA Savings Account
Effective March 3, 2020
$100 - and over.28 %.28%
IRA Certificates
12 month certificate.70%.70%
18 month certificate.80%.80%
24 month certificate1.00%1.00%
36 month certificate1.10%1.11%
48 month certificate1.20%1.21%
60 month certificate1.30%1.31%
Share Certificates
.
6 month certificate.48%.48%
12 month certificate.70%.70%
18 month certificate.80%.80%
24 month certificate1.00%1.00%
36 month certificate1.10%1.11%
48 month certificate1.20%1.21%
60 month certificate1.30%1.31%