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 - $24,999.99.34%.34%
$25,000 - $49,999.99.40%.40%
$50,000 and over.50%.50%
IRA Savings Account
Effective May 1, 2016
$100 - and over.28 %.28%
IRA Certificates
12 month certificate1.49%1.50%
18 month certificate1.70%1.72%
24 month certificate1.93%1.95%
30 month certificate1.98%2.00%
36 month certificate2.02%2.05%
48 month certificate2.22%2.25%
60 month certificate2.42%2.45%
Share Certificates
3 month certificate.09%.09%
6 month certificate.48%.48%
12 month certificate1.49%1.50%
18 month certificate1.70%1.72%
24 month certificate1.93%1.95%
30 month certificate1.98%2.00%
36 month certificate2.02%2.05%
48 month certificate2.22%2.25%
60 month certificate2.42%2.45%