Money Market Accounts
Save smarter with higher earnings and easy access to your funds whenever you need them.
What is a Money Market Account?
A money market account is a type of savings account that combines earning higher dividends with the flexibility to access your funds when needed. It’s a great option if you want to grow your savings faster than a traditional savings account while, unlike a certificate, still keeping your funds accessible.
Featured Product
GROW Money Market Account
With our highest rate of return on any Money Market Account, watch your savings GROW!
- Earn 3.50% APY1
- Access your cash anytime without penalty
- Opening deposit of $2,500 (new money)
- No maximum deposit
Additional Money Market Options
Classic Money Market
Steady growth and easy access make this a smart choice for everyday savers
APY: 0.30% APY2
Minimum Deposit: $2,500
Premier Money Market
Earn more than a traditional savings account with competitive rates for higher balances.
APY as high as: 0.85% APY3
Minimum Deposit: $25,000
Performance Money Market
A strong rate option for larger balances, designed to help your savings grow faster.
APY as high as: 1.00% APY4
Minimum Deposit: $250,000
Features of a Money Market Account
Easy Access to Funds*
Withdraw or transfer money when you need to
Insured Savings
Your funds are insured up to $500,000‡
Digital Convenience
Manage your account anytime through Online and Mobile Banking
Frequently Asked Questions About Money Market Accounts
We’re Here For All Of Your Needs
Free Checking
With Free Checking, there are no monthly service fees, minimum balance requirements, or per-check charges! You can even earn a .25% loan rate discount** when you pay your auto or personal loan from your free checking account via automatic payment transfer.
Vehicle Loans
At Sun East, we offer low interest rates and a wide range of terms to help make your vehicle payment fit within your budget. We even provide an additional .25% rate discount** on your loan with automatic payment transfer from your Sun East Checking Account.
Home Equity Line of Credit (HELOC)
A HELOC is a flexible financing option that allows homeowners to tap into their home’s equity, providing a revolving line of credit for various expenses. Making it ideal for home improvements, debt consolidation, or unexpected costs.
Disclaimers
1 APY = Annual Percentage Yield (APY) as of 12/20/23; valid on new money only. New money defined as funds from another institution and not on deposit at Sun East within the prior 6 months. Failure to maintain minimum deposit could result in decreased earnings. Minimum deposit to open Grow MMA and earn dividends is $2,500; no maximum deposit. During any month in which the average daily balance falls below $2,500, a monthly maintenance fee of $10 will be applied.
2 APY = Annual Percentage Yield as of 12/20/24. APY assumes that dividends are reinvested. Withdrawal of dividends will reduce earnings. Failure to maintain minimum deposit of $2,500 could result in decreased earnings. Earnings may be reduced if fees are incurred. Rates are subject to change without notice. During any month in which the average daily balance falls below $2,500, a monthly maintenance fee of $10 will be applied
3 APY = Annual Percentage Yield as of 12/20/24. APY assumes that dividends are reinvested. Withdrawal of dividends will reduce earnings. Failure to maintain minimum deposit of $25,000 could result in decreased earnings. Earnings may be reduced if fees are incurred. Rates are subject to change without notice. During any month in which the average daily balance falls below $25,000, a monthly maintenance fee of $15 will be applied.
4 APY = Annual Percentage Yield as of 12/20/24. APY assumes that dividends are reinvested. Withdrawal of dividends will reduce earnings. Failure to maintain minimum deposit of $25,000 could result in decreased earnings. Earnings may be reduced if fees are incurred. Rates are subject to change without notice.
* For Premier and Performance Money Market Accounts, four or more withdrawals made at an ATM not owned by Sun East Federal Credit Union or part of the Co-Op network are subject to a fee. Transfers made at an ATM not owned by Sun East Federal Credit Union or part of the Co-Op network are subject to a fee.
** .25% discount for Automatic Payment Transfer from Sun East checking. If at any time, Automatic Payment Transfer is discontinued then rate discount will be discontinued.
Third party linked websites are not under the control of Sun East Federal Credit Union. We are not responsible for their content. Third party website privacy and security policies may differ from ours. If you choose to engage in a transaction with a third party, please note that we do not represent either you or the third party in that transaction.