Money Market
IAACU's money market accout is one of the best short-term & liquid investments available. Our rates are very competitive with national money market accounts.
- Our money market accounts are insured up to $100,000 by the National Credit Union Administration, a federal agency, and insured for an additional $250,000 by Excess Share Insurance, a private insurance company.
- Our money market accounts require only a $1,000 minimum balance with no fees.
- You can withdraw your funds at anytime. (Federal regulations limit automatic transfers to six per month, three of them by check.)
IAA Credit Union is offering the following money market rates to its members:
| Money Market Rates |  |
| Rates last updated 1/6/2009 8:37:39 AM. They are subject to change without notice. |
| Account Type | Average Balance | Annual Percentage Rate | Annual Percentage Yield |
|
| $1,000 - $ 2,499.99 | **0.75% | 0.75% |
| $2,500 - $9,999.99 | **0.99% | 1.00% |
| $10,000.00-$24,999.99 | **1.24% | 1.25% |
| $25,000.00 & over | **1.49% | 1.50% |
| High Yield Money Market Account |
| $ 50,000.00 & Over | **1.98% | 2.00% |
|