More earnings. No monthly fees.
Regular Money Market—Starting with as little as $1.00, our Regular Money Market Account earns you a higher interest rate with no monthly fees. You can also make up to three monthly withdrawals or transfers from your account without penalty.
Rate Rise Money Market—To open a Rate Rise Money Market Account, you first need to have an associated checking account with us. This money market account has a $10,000 minimum balance* and can earn a higher interest rate than our Regular Money Market Account.
- If your associated checking account has a balance** between $5,000 and $9,999, you’ll earn an additional 0.25% APY*** on your Rate Rise Money Market Account.
- If your associated checking account has a balance** between $10,000 and $14,999, you’ll earn an additional 0.50% APY*** on your Rate Rise Money Market Account.
- If the balance in your associated checking account has a balance** of $15,000 or more, you’ll earn an additional 0.75% APY*** on your Rate Rise Money Market Account.
With Rate Rise Money Market, you are allowed a total of six withdrawals/transfers per month from the account without a penalty, you will receive free checks and your Freedom Northwest VISA® Debit Card point of sale limit automatically increases to $5,000.
And just like with our Checking Accounts, you’ll have access to all of our Remote Services such as:
Flexibility when it comes to your finances is a good thing, don’t you think? Stop by any Freedom Northwest location or give us a call to open the Money Market Account of your choice and see how you’ll always get the greatest convenience with us.
Enjoy the safety, convenience and personal service you won’t find at other financial institutions. If you have any questions about our Money Market Accounts, give us a call or stop by one of our convenient locations for personalized attention. You can also email us with inquiries about any of our deposit accounts or for member services.
There is a $25 monthly fee if you balance drops below $10,000.
The checking account balance is calculated by using your average daily balance for the previous month. The average daily balance is calculated by adding together the balance for each day and dividing that total amount by the number of days in that month.
APY=Annual Percentage Yield. This additional rate is added to the regular Money Market rate. For example: 0.75% APY plus an additional 0.25% APY for a total of 1.00% APY. 0.75% APY plus an additional 0.50% APY for a total of 1.25% APY. 0.75% APY plus an additional 0.75% APY for a total of 1.50% APY.