Money Market
Flexibility to reach your Impossible Dreams!
Save like a CD, spend like checking
A money market account is sort of like a combination of a checking and savings account, with perks from both! Offering higher rates like a CD, our Money Markets give you the flexibility to save your cash while making withdrawals and writing checks, so that you can use your money when you need it.
Is a money market account right for me?
If you’re looking to save in the short-term, don’t want to deal with the confusion that stocks or bonds come with, and want to keep your spending options open, then it might be the right account for you!
The Community Financial Money Market Account requires a balance of at least $2,000 to start earning, so members just starting out on their savings journey will want to check out our High Yield Savings Account first!
Money Market Account Details
The Good Stuff
When you’re saving more, it’s ok to expect more—zero transaction fees and rates that grow alongside your money, for example.
Advantages of a Money Market Account
Higher rates, extra flex
Speed up your savings, spend when you need to, and keep your money safe.
Higher interest rates
Save more and beat the rates on most standard savings accounts! The best part about bigger growth is that it just keeps going.
Low risk returns
Get stable rates and returns that you can count on, without having to play the stock and bond guessing games.
Limitless transactions
Unlike other money market accounts, CFCU doesn’t have any limit on the number of transactions that your account can make!
Free of fees
Paying less means doing more! Our Money Market Account has no maintenance or transaction fees.
Money Market Rates
Date Updated June 6, 2025
Minimum to Earn Dividends | Dividend Rate | APY* |
|---|---|---|
$2,000 | 1.10% | 1.10% |
$15,000 | 1.29% | 1.30% |
$25,000 | 1.59% | 1.60% |
$50,000 | 1.69% | 1.70% |
$100,000 | 1.98% | 2.00% |
$250,000 | 2.47% | 2.50% |
$500,000 | 3.20% | 3.25% |
$1,000,000 | 3.45% | 3.50% |
$5,000,000 | 4.12% | 4.20% |
*APY = Annual Percentage Yield. APY may change before or after the account is opened. Fees may reduce earnings. Community Financial Fee Schedule.
Frequently Asked Questions
Money Market Account FAQ
If you have any further questions, give our Care Center a call at (877) 937-2328 or stop by one of our branch locations!
Other ways to save
The place for savers
We’ve got something for just about any savings goal, whether that’s a speedy start with our High Yield Savings Account, steady growth with a long term, low-effort CD, or the flexibility to spend and save with a Money Market.
You are Enuff™
Looking to make your Impossible Dreams possible? Your membership can help make it happen!
Other Products
Like a bear hug for your financial wellbeing. We’re here for you every day.
The big stuff, done better. From checking that puts you back in control of your cash... to loans that fit your life, let’s make your Impossible Dreams happen.
