Are you looking for the best of both worlds–part checking, part savings? With a Money Market Account (MMA), you can earn higher a rate of return than regular savings while retaining easy access to your funds. Just maintain a minimum balance of $5,000 to avoid fees.
- Competitive Interest
- EMV Debit Card
- Digital Banking
- Competitive, tiered rates
- Higher balances earn higher rates
- Enjoy flexibility with enhanced access to funds
- Avoid the $15 monthly service fee by maintaining a minimum average daily balance of $5,000
- Limited to 6 free debits per month
- Free digital banking services
- EMV debit card available
- $100 minimum balance to open
Wondering what makes an MMA different from a basic savings account? A Money Market Account is a type of interest-earning savings account that offers more access to your funds than a basic savings account. For example, with an MMA you can write checks and use a linked debit card. However, there is usually a limit to the number of checks or debit transactions you can make each month, which makes an MMA more limited than a regular checking account.
Money Market Accounts also require a higher minimum daily average balance to avoid service fees. If you can meet the balance requirements, an MMA is a great way to grow your savings faster with a higher interest rate while still having some access to your funds to pay bills or make purchases. Like basic savings accounts, MMAs are FDIC-insured up to $250,000.
To learn more about our high yield Money Market Accounts, visit your nearest branch location in Edmond, Yukon, Guthrie, Kingfisher, Piedmont, or Crescent, OK. You can also apply online quickly and conveniently from the comfort of your home! Check out our other long-term savings account options, such as CDs and IRAs.