Money Market Accounts

Maximize your savings

Money Market accounts can earn interest based on the current market rates. Money Markets frequently pay higher dividend rates while requiring a higher minimum balance. At RBFCU, we offer two Money Market options.

Choice Money Market
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Classic Money Market
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Which Money Market account is right for me?

Minimum balance


RBFCU Classic Money Market

$2,500

RBFCU Choice Money Market

$2,500

Monthly service fee


RBFCU Classic Money Market

None

RBFCU Choice Money Market

None

Availability


RBFCU Classic Money Market

Personal, Business

RBFCU Choice Money Market

Personal only (One per tax-reported owner)

Dividends


RBFCU Classic Money Market

Paid monthly

RBFCU Choice Money Market

Paid monthly

Transaction limits


RBFCU Classic Money Market

Six electronic or over-the-phone outgoing transactions per account, per month; unlimited deposits or withdrawals at a branch

RBFCU Choice Money Market

Six electronic or over-the-phone outgoing transactions per account, per month; unlimited deposits or withdrawals at a branch

Balance below $2,500


RBFCU Classic Money Market

Account is automatically reverted to a savings account rate

RBFCU Choice Money Market

Account is automatically reverted to a savings account rate

Calculators

  • How much can I earn with an RBFCU Choice Money Market? How much can I earn with an RBFCU Choice Money Market?

FAQ FAQs

  • How is this different from an RBFCU Classic Money Market?

    With the Classic Money Market, you earn a flat dividend rate on your total balance. A Choice Money Market utilizes blended dividend rates, which apply higher earnings rates to lower balances. As your balance increases, previous rates are retained and incorporated into your overall earnings. See rate schedule above.

More FAQs

For blended tier rate accounts (RBFCU Choice Money Market), each tier of your total balance adds up to a blended Annual Percentage Yield (APY). RBFCU Choice Money Market accounts are limited to one per member as the primary owner. A member may be joint on multiple RBFCU Choice Money Market accounts. An RBFCU Choice Money Market account requires a minimum balance of $2,500. Earn the first tier on the entire balance up to $10,000 when the minimum balance is maintained.