{"id":320,"date":"2021-09-14T17:53:15","date_gmt":"2021-09-14T17:53:15","guid":{"rendered":"https:\/\/nrccu.org\/?page_id=320"},"modified":"2025-03-10T14:11:58","modified_gmt":"2025-03-10T19:11:58","slug":"money-market","status":"publish","type":"page","link":"https:\/\/dev.wafishermn.com\/nrccu\/savings-and-checking\/savings\/money-market\/","title":{"rendered":"Money Market"},"content":{"rendered":"\n\n\t<p>NorthRidge offers money market accounts. A money market account is an interest-bearing deposit account that allows you to earn higher rates as you deposit more funds into the account.<\/p>\n<h2>Money Market Costs and Considerations<\/h2>\n<ul>\n<li>Minimum opening deposit: $1500.00.<\/li>\n<li>Minimum balance to earn interest: $1500.00.<\/li>\n<li>Minimum withdrawal of $100.00.<\/li>\n<li>$15 fee after 6 withdrawals per month.<\/li>\n<li>$10 fee if you go below the minimum balance.<\/li>\n<\/ul>\n\t<h2>Features and Benefits<\/h2>\n<ul>\n<li>Money markets pay higher interest than a typical savings account.<\/li>\n<li>You&#8217;ll have easy access to funds.<\/li>\n<\/ul>\n<p>Money Markets are a great option if you want a higher return on deposits, but also want those funds to be available.<\/p>\n\t<h2>Rates<\/h2>\n<table>\n<thead>\n<tr>\n<th id=\"description\" scope=\"col\">Balance<\/th>\n<th id=\"fee\" scope=\"col\">Dividend<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<th id=\"withdrawal\" headers=\"description\" scope=\"row\">$1,500.00 to $7,499.99<\/th>\n<td headers=\"withdrawal description\">0.50%<\/td>\n<\/tr>\n<\/tbody>\n<tbody>\n<tr>\n<th id=\"withdrawal\" headers=\"description\" scope=\"row\">$7,500.00 to $49,999.99<\/th>\n<td headers=\"withdrawal description\">1.00%<\/td>\n<\/tr>\n<\/tbody>\n<tbody>\n<tr>\n<th id=\"withdrawal\" headers=\"description\" scope=\"row\">$50,000.00 to $99,999.99<\/th>\n<td headers=\"withdrawal description\">1.50%<\/td>\n<\/tr>\n<\/tbody>\n<tbody>\n<tr>\n<th id=\"withdrawal\" headers=\"description\" scope=\"row\">$100,000.00 or greater<\/th>\n<td headers=\"withdrawal description\">2.00%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\t\t\t<a href=\"\/contact-us\/\" target=\"_self\">\n\t\t\t\t\t\t\tAsk a Question\n\t\t\t\t\t<\/a>\n\t\t\t<a href=\"\/resources\/about-us\/join-northridge\/\" target=\"_self\">\n\t\t\t\t\t\t\tBecome a Member\n\t\t\t\t\t<\/a>\n<h2>\n\t\tYou Might Also Like\n\t<\/h2>\n\t\t\t<a href=\"\/savings-and-checking\/investing\/certificate-of-deposit-cd\/\" target=\"_self\">\n\t\t\t\t\t\t\tCertificate of Deposit\n\t\t\t\t\t<\/a>\n\t\t\t<a href=\"\/savings-and-checking\/investing\/roth-ira\/\" target=\"_self\">\n\t\t\t\t\t\t\tRoth IRA\n\t\t\t\t\t<\/a>\n\t\t\t<a href=\"\/contact-us\/\" target=\"_self\">\n\t\t\t\t\t\t\tOur Locations\n\t\t\t\t\t<\/a>\n\n","protected":false},"excerpt":{"rendered":"<p>NorthRidge offers money market accounts. A money market account is an interest-bearing deposit account that allows you to earn higher rates as you deposit more funds into the account. Money Market Costs and Considerations Minimum opening deposit: $1500.00. Minimum balance to earn interest: $1500.00. Minimum withdrawal of $100.00. $15 fee after 6 withdrawals per month. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":487,"parent":115,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-320","page","type-page","status-publish","has-post-thumbnail","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Money Market<\/title>\n<meta name=\"description\" content=\"Open a money market savings account with NorthRidge and begin earning more on your savings. 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