A Money Market account is a special savings account that offers a higher interest rate than traditional savings and is more flexible than a Certificate or CD. You will enjoy quicker access to your money (deposit, transfer, and withdraw funds anytime without penalty), and earn more savings, faster.
With Freedom’s Money Market accounts, you get competitive rates with a minimum starting deposit of only $2,500. Plus, your money is insured by the National Credit Union Administration, an agency of the federal government.
All accounts insured by the National Credit Union Administration (NCUA). The National Credit Union Share Insurance Fund (NCUSIF) protects aggregate savings up to at least $250,000 in your regular Share Savings, Certificates, Checking, and Coverdell ESA accounts.
*Federal Reserve Board Reg D limits the number of transfers and withdrawals from a Money Market account to six (6) per month