Daily money Market Accounts

Daily Money Market Accounts (DMMA)
DMMA accounts earn a higher rate of return than share accounts. The minimum balance required is $2,500. As with a share account, electronic or automatic withdrawals and transfers are limited to three per month. The interest rate paid on DMMA deposits is declared by the Board of Directors at the beginning of each month.

Now, your DMMA earns higher dividends with your increased balance. Tier balances of at least $10,000 - $24,999 and balances of $25,000 and higher will earn a higher dividend rate when dividends are paid at the end of the month.

For details, contact us.

 

Your savings federally insured to at least $100,000 and backed by the full faith and credit of the United States Government. Your savings are additionally insured to $250,000 by Excess Share Insurance. To estimate your National Credit Union Share Insurance Fund coverage, use this insurance estimator or download NCUA's Your Insured Funds brochure. Alabama Credit Union does business in accordance with the Equal Credit Opportunity Act and the Federal Fair Housing Law. We are an Equal Housing Lender. Rates expressed as Annual Percentage Rate or Annual Percentage Yield; all rates and terms subject to change without notice. For complete account disclosures, ask for a copy of our Membership & Account Agreement, Reg CC (Funds Availability) and Reg E (Electronic Transfers) disclosures, Fee Schedule and Member Business Account™ Fee Schedule. Membership eligibility required. Alabama Credit Union is not responsible for content of Web sites which may be accessible via links from this site but are not operated by Alabama Credit Union, and does not represent either the third party or the member if the two enter into a transaction; privacy and security policies may differ from those practiced by Alabama Credit Union.

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