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Money Markets

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Money Markets

Money Market, Money Market Plus, and High Yield Money Markets - you choose!

Make the most of your money with a Sound Money Market Account. A Money Market Account is a great way for you to combine the liquidity of a savings account with a higher yield investment. With competitive tiered interest rates-the more you save, the more you could earn. You can make deposits as needed and up to six withdrawals per month without penalty.

Money Market

Our Money Market Accounts encourage you to save with tiered dividends that can be opened with a minimum balance of $50.

Money Market Plus

Earn a higher yield with our Money Market Plus Account. This account requires a minimum balance of $25,000.

High Yield Money Market

Open a new High Yield Money Market Account today and you'll receive an investment product that can grow up to 3.00% APY* depending on the aggregate balance you keep on deposit in the account! This account requires a minimum balance of $50,000.

Money Market Accounts are a great way to combine the liquidity of a savings account with higher yields. Start earning higher dividends today - open a Money Market Account. Call our Contact Center or visit your nearest branch.

Today's Rates Dividend Rate APY* Minimum Balance to Open Minimum Balance To Earn APY*
Money Market
     $2,500-$4,999 0.995 1.00 $50 $2,500
     $5,000-$24,999 1.243 1.25 $50 $5,000
     $25,000 - Above 1.490 1.50 $50 $25,000
Money Market Plus

     $2,500-$24,999

1.243

1.25

$50

$2,500

     $25,000-$49,999

1.736

1.75

$50

$25,000

     $50,000+

1.982

2.00

$50

$50,000

    If balance falls below $25,000 a $10.00 fee will be applied.
High Yield Money Market

     $2,500-$49,999

1.243

1.25

$50

$2,500

     $50,000-$99,999

2.227

2.25

$50

$50,000

     $100,000-$199,999

2.472

2.50

$50

$100,000

     $200,000-$299,999

2.716

2.75

$50

$200,000

     $300,000+

2.960

3.00

$50

$300,000

    If balance falls below $50,000 a $10.00 fee will be applied.

*APY = Annual Percentage Yield. Dividends are compounded and credited monthly. Dividends begin to accrue upon date of deposit. If account is closed prior to dividend crediting, accrued dividends will not be paid. Minimum opening balance is required. For Money Market Accounts, you may make up to six (6) preauthorized, automatic, telephonic or audio response transfers to another account of yours or to a third party during any calendar month. Of these six, you may make no more than three (3) transfers to a third party by check. A $10 per check fee will be assessed if more than three checks are written in one month. There is no limit on the number of account transfers or withdrawals when initiated in person at a Sound Credit Union branch. Membership at Sound Credit Union requires a Savings account with a minimum balance of $25. Rates and fees are subject to change at any time.
Sound Credit Union :: Savings And Investments :: Money Markets