- Elite Money Market Account
- Money Market Account
- Share Savings Account
- Individual Retirement Accounts
Elite Money Market Account
If you are looking for a high earning investment option that offers liquidity and security, the “Elite” Money Market may be the perfect choice for you. You’ll earn a very competitive annual percentage yield that increases as your balance increases. And you’ll have access to your money 24 hours a day via check, phone, online or in person.
An Elite Money Market Account earns a higher rate of return and still offers you the flexibility to access your funds if you need them. This account requires a balance of $2,500 to earn higher yield dividends, and a small monthly charge of $7.50 if your balance falls below $2,500.
Money Market Account
A Money Market Account offers you a higher dividend than a share savings account, with the ability to access and draw your balance down to $1.00, to continue earning dividends. There are no monthly fees, and you receive six free automatic withdrawals per month, and a small charge of $5.00 a withdrawal over six. The most flexible way to invest your money without the need to maintain a high balance to earn dividends.
Share Savings Account
A Share Savings Account not only establishes your membership with Highmark Federal Credit Union, it also earns competitive dividends on your savings with a minimum of $100 balance. With the convenience of Direct Deposit or payroll deductions, members can specify a certain amount of money to be automatically deposited into a share savings account, to grow your savings. A share savings account can also be used as collateral for a loan.
Individual Retirement Accounts
Individual Retirement Accounts (IRA) are insured accounts, that provide you a tax shelter for your retirement savings, with a tax deferred or tax deductible contribution.