Money Market Accounts

You don't have to be in the 1% to earn 3%.
If your money is gathering dust in a low-yield savings, money market, or CD account at another bank, move it to Patelco’s Money Market Select Account — and up your earnings. There’s no smarter way keep your money liquid while earning outstanding returns. It’s simple to get started and there’s no minimum deposit.

Money Market Select Account

  • Federally-insured, liquid savings
  • No fees
  • No minimum balance
  • Dividends paid monthly
  • Free checks
  • Up to six withdrawals or transfers per month2

Money Market Select IRA Account

  • Federally-insured
  • No fees
  • No minimum balance
  • Perfect for IRA or 401(k) rollover funds
  • IRA tax advantages3
  • Dividends paid monthly
 

The more money you add, the more you can earn

The unique tiered structure of the Money Market Select Account and Money Market Select IRA Account allows you to earn great rates on low balances and high balances. Your account will earn interest on your balances at the rate within each tier. The interest you will earn is the total sum from each tier.
On a balance of APY
$1 – $2,000 3.00%
$2,000.01 – $5,000 2.00%
$5,000.01 – $10,000 1.00%
$10,000.01 – $50,000 0.50%
$50,000.01 – $100,000 0.25%
$100,000.01 – $9,999,999 0.20%

Apply Now

See how much your savings can earn each year – with our Money Market Select Earnings Calculator
($0 – $9,999,999)
Deposit Distribution APY
$0.00 3.00%
$0.00 2.00%
$0.00 1.00%
$0.00 0.50%
$0.00 0.25%
$0.00 0.20%
Simply plug in your deposit amount, and see how much you could be earning when you move your money to Patelco’s Money Market Select Account.4
  1. APY=Annual Percentage Yield. Rates are valid as of March 2, 2015 and are subject to change after account opening without notice. Interest is paid at tier rates on balances within each tier. Total interest paid is the sum from each tier. “Blended APY” shown assumes the amount entered is held in the account for one year. Withdrawing funds before one year will result in a different realized rate. No minimum deposit required to open an account. Limit one Money Market Select Account and Money Market Select IRA Account per account number.
  2. The maximum number of checks that may clear is three (3) in any calendar month period. Certain withdrawal limits apply to Money Market Accounts and contributions to and withdrawals from the Money Market Select IRA Account are subject to IRS limitations, be sure to view the Member Handbook and the Money Market Select Handbook Addendum for details.
  3. Consult a tax advisor.
  4. This calculator is for illustrative purposes only and does not reflect the actual results of any specific deposit amount.