Power Account (Money Market)
Save at higher money-market rates with a NEFCU Power Account, while maintaining easy access to your money.
| Power Account Rate1Sept. 1 - Sept. 9, 2010 |
| Minimum to Open | Current Rate | Annual Percentage Yield | | Balance of $1,000 - $9,999 | $ 1,000 | .50% | .50%2 | | Balance of $10,000 - $49,999 | $ 1,000 | .60% | .60%2 | | Balance of $50,000 and above | $ 1,000 | .80% | .80%2 | | | | |
Power Account Advantages
- dividends compounded and paid monthly on your average daily account balance
- $1,000 minimum initial deposit
- no monthly fee
- continuous access to funds while you're earning dividends -- deposit, withdraw, write checks, transfer funds or use as a source of overdraft protection for your checking account
- ATMs throughout New England, North America and worldwide
- 24-hour, 7-day electronic access via Accountline and PC Banking
- maximum of six pre-authorized withdrawals or transfers per month
- no more than three of the six transfers may be made by check or similar order to a third party per month
- checks must be written for a minimum amount of $100
Your deposits are federally insured up to $250,000 per member by the National Credit Union Administration. Additional coverage may apply based on ownership of account - click here for details and restrictions.
How much will my savings be worth?
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