Federal guidelines state you can make up to six withdrawals per month without a fee. (You can make additional withdrawals if from an ATM or in-person teller).
There's no monthly maintenance fee and no minimum balance fee on our Money Market Savings Account. This means there's no charge if your balance falls below $2,500, though you won't earn the highest interest rate.
You can see our competitive rates table here. You'll earn the maximum rate as long as you maintain the minimum balance of $2,500.
Certificate Accounts offer a higher rate than a Money Market Savings but in return, you need to commit your funds to a term of between 3 months and five years. You get higher rates the longer you commit the funds, and you get penalized for withdrawals. With a Money Market Savings, you can earn a good rate without tying up your funds for a fixed term.
The rate you get for a Money Market Savings Account is higher than for a regular Savings Account because the minimum deposit is $2,500 compared to $5. You also need to maintain a minimum balance of $2,500 to earn the higher rate and annual percentage yield (APY). Both accounts let you make a certain amount of withdrawals.