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Need access to your money but want a better rate than savings?
The First Kingsport Credit Union has a money market account. The money market account has a minimum balance of $2,500.00. There is no set maturity date. Deposits can be made into this account in increments of $500.00 or more. Withdrawals are limited to 4 (four) withdrawals per month and withdrawals above this limit will result in a fee of $5.00 per excess withdrawal.
Annual percentage yield is based on the assumption that dividends will remain on deposit. Withdrawals, therefore, will reduce earnings.
Dividends accrue daily and are posted quarterly to the money market account. |
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