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 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 PlanAccount Balance RangeAnnual Dividend RateAnnual 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 certificate1.25%1.26%
48 month certificate1.55%1.56%
60 month certificate1.75%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 certificate1.25%1.26%
48 month certificate1.55%1.56%
60 month certificate1.75%1.77%