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)/ Christmas Club Share Savings Account (2)
$100 - $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 - $9,999.99.30 %.30%
$10,000 - $24,999.99.34%.34%
$25,000 - $49,999.99.40%.40%
$50,000 and over.50%.50%
IRA Savings Account(1)
Effective May 1, 2016
$100 - and over.28 %.28%
IRA Certificates(5)
12 month certificate1.79%1.80%
18 month certificate2.00%2.02%
24 month certificate2.23%2.25%
30 month certificate2.28%2.30%
36 month certificate2.32%2.35%
48 month certificate2.52%2.55%
60 month certificate2.72%2.75%
Share Certificates(5)
3 month certificate.09%.09%
6 month certificate.75%.75%
12 month certificate1.79%1.80%
18 month certificate2.00%2.02%
24 month certificate2.23%2.25%
30 month certificate2.28%2.30%
36 month certificate2.32%2.35%
48 month certificate2.52%2.55%
60 month certificate2.72%2.75%
Special Rate7 month certificate2.29%2.32%
Special Rate11 month certificate2.59%2.62%