Every new personal money market account includes the following:
- Free Instant Issue Mastercard® ATM/Debit Card
- Free Online Banking and Free Bill Pay.
- Free Mobile Check Deposit with our mobile app
- Free eStatements
- Free ATM Transactions within networks
Max Yield Money Market
Our Max Yield Money Market™ is a tiered rate account that can take your savings to the next level. Earn 3.00% APY on balances of $2,500.00 or more. As your balances move higher, so do your returns. Your savings will grow quickly and securely. Plus, you’ll have access to your funds should you need them.
To open a new Max Yield Money Market™ account, you must currently have a Max Yield Checking™ account. If you don’t already have one, we’ll help you open it.
- Enjoy the benefits of a high interest savings account and low activity checking account all in one
- You must maintain a minimum daily balance of $2,500.00 in your account each day to obtain the disclosed annual percentage yield.
Annual Percentage Yield (APY) effective as of 1.22.2024. Annual Percentage Yield (APY) is subject to change without notice after account opening. The minimum balance required to open this account is $2,500.00. The account must maintain a minimum daily balance of $2,500.00 in your account to avoid a service charge fee. If during any monthly statement cycle, your account balance falls below the required minimum daily balance, your account will be subject to a service charge fee of $10.00 for that monthly statement cycle. Must have an active Max Yield Checking Account to obtain the higher rate of interest. If the checking is closed at anytime of the month, the account will pay the current Personal Money Market rate of interest and will be converted to a Personal Money Market Account at the beginning of the following month. You must maintain a minimum daily balance of $2,500.00 in your account each day to obtain the disclosed annual percentage yield. Current Tiers and Rates: $0 – $2,499=0.00% APY; $2,500 – $49,999=3.00% APY; $50,000 – $499,999 = 3.00% APY; $500,000+ = 3.00% APY. Fees could reduce earnings on selected accounts listed above.
Financial
Calculators
Our convenient financial calculators can help you make more informed decisions.
How much do I need to save for college?
This calculator computes the amount you need to save each month in order to pay for college.
How much will I need to save for a major purchase?
This calculator computes how much money you will need to save monthly in order to reach a desired savings goal.
How much should I save each month?
Use this calculator to compute the monthly deposit amount needed to reach a savings goal.
What rate would I need to earn on my savings?
Use this calculator to compute the rate of return you would need to reach your savings goal.
What savings amount should I start with?
Use this calculator to compute how much money you would need to start with to reach a savings goal.
How much could I save over time?
Use this calculator to compute the total amount you would be able to save with monthly deposits.
Related Products
Frequently Asked Questions
What can we help you with today?
Yes, at People’s Credit Union your deposits are insured. Federally chartered credit unions are regulated by the National Credit Union Administration and insured by the National Credit Union Share Insurance Fund (NCUSIF), which is backed by the full faith and credit of the United States government. Established by Congress in 1970 to insure member share accounts at federally insured credit unions, NCUSIF is similar to deposit insurance coverage provided by the Federal Deposit Insurance Corporation. For more information on how your deposits are insured please visit https://www.mycreditunion.gov/share-insurance
If you are an existing member, you can open an additional deposit account through your online banking profile. Once you log in navigate to the Open an Account tab and follow the flow to complete the account opening process. Your new account can be funded with either an existing People’s Account or a linked external account.
To access your statements online for downloading or printing, you would sign into your online banking profile on a desktop or laptop to access the full site. Once logged in, you would navigate to the “Accounts” header and select “Statements & eDocuments”. Once on that page, you would select the desired account and follow the prompts to enroll in estatements or to view your statement if previously enrolled.
To remove a signer from your account you can visit us at one of our six convenient locations.
A signer can only be removed from a joint personal account in the event the signer has passed away. We must be provided with an original death certificate to proceed with this request.
If you are seeking to remove a joint owner/signer from a personal account other than in the above scenario, the account must be closed and a new account opened. This is to ensure that the removed owner/signer no longer has access to the account number, checks, or other access devices.
Business members may add or remove authorized signers as needed with proper documentation.
Rates
Active as of 12.26.2024
Personal Saving Accounts
| Product | Minimum to Open | Minimum Daily Balance to Earn APY | APY* | How to Open |
|---|---|---|---|---|
| Save myChange** | $5.00 | $5,000.00 | .05% | Contact Us |
| $0.01 | .50% | |||
| Basic Savings | $5.00 | $0.01 | .05% | Open Now |
| Personal Money Market*** | $2,500.00 | $75,000.00 | .25% | Contact Us |
| $50,000.00 | .15% | |||
| $25,000.00 | .10% | |||
| $2,500.00 | .05% | |||
| Max Yield Money Market**** | $2,500.00 | $500,000.00 | 3.00% | Contact Us |
| $50,000.00 | 3.00% | |||
| $2,500.00 | 3.00% | |||
| Individual Retirement Statement Savings | $100.00 | $100.00 | .05% | Contact Us |
| Holiday Club Savings | $1.00 | $0.01 | .05% | Contact Us |
DISCLOSURES
Interest Rates are subject to change without notice after account opening. Annual Percentage Yield (APY) subject to change without notice after account opening. Fees could reduce the earnings on selected accounts listed above.
**Must conduct 4 debit transactions per statement cycle in associated checking account to earn the higher rate. Otherwise, the rate will be calculated using the lowest tier.
***Must maintain a minimum daily balance of $2,500.00 to avoid the $10.00 service charge and to obtain the disclosed Annual Percentage Yield (APY).
****Must maintain a minimum daily balance of $2,500.00 to avoid the $10.00 service charge and to obtain the disclosed Annual Percentage Yield (APY). Must have an active Max Yield Checking Account to obtain the higher rate of interest. If the checking is closed at anytime of the month, the account will pay the current Personal Money Market rate of interest.
