Money Market

Save at higher money-market rates with a NEFCU Power Account, while maintaining easy access to your money. 

Power Account Advantages

  • dividends compounded and paid monthly on your average daily account balance (fees may reduce earnings)
  • $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 AccountlineTM and NEFCUOnline
  • maximum of six (6) checks, pre-authorized electronic withdrawals or transfers per month 
  • checks must be written for a minimum amount of $100 

Your deposits are federally insured up to $250,000 per member by theNational Credit Union Administration. Additional coverage may apply based on ownership of account -details and restrictions.

Savings Growth Calculator

Table data for Power Account
Minimum to Open & Earn APY Dividend Rate Annual Percentage Yield1 Alert Me
Average Balance of $1,000 - $9,999 $1,000 .40% .40%2
Average Balance $10,000 - $49,999 $1,000 .80% .80%2
Average Balance $50,000 - $99,999 $1,000 1.35% 1.36%2
Average Balance $100,000 and above $1,000 1.50% 1.51%
  • 1Rates are subject to change after account opening.
  • 2A minimum daily balance of $1,000 must be maintained in your account each day to obtain the disclosed APY.