A SeaComm money market account has a variety of benefits, but what does that mean for you? Here are a few reasons a money market account is a great way to save…
- Security – Keeping your account secure should be at the top of your list. A money market account is not an investment that could lose value if the market fails. The funds in your money market account, like any deposit account at SeaComm, are insured by the NCUA up to $250,000.
- Higher Earning Potential – A SeaComm money market account allows you to earn a higher yield on your money, while still having the flexible availability when the funds are needed. Your dividends are paid to you on a tiered basis, with a minimum deposit requirement of $100. They are calculated daily and paid monthly.
- No monthly fees – You can enjoy the convenience of this higher earning savings account at no monthly cost to you!
- Access to your funds – Unlike a Savings Bond or CD, money market accounts have no maturity date. You can access the funds at any time, without a penalty.
Give your money its best chance at growth with a SeaComm money market account! Visit your nearest SeaComm branch location, or call us at (800) 764-0566 to get started!