- Regular Savings Accounts
- Money Market Accounts
- Certificate Accounts
- Vacation Club
- Holiday Club
- Health Savings Accounts
- Uniform Transfer to Minors
Money Market Accounts
Money Market Accounts are savings accounts with limited checking access. The great news is that members* earn a higher yield on these accounts compared to a regular savings or checking account because minimum balance requirements on Money Market Accounts are relatively higher.
With a Money Market Account, members* can make up to six withdrawals or transfers per month. However, there is an exception to this. Members* can make an unlimited number of withdrawals if done in person or at an ATM.
HFCU Money Market Accounts can be a great choice because:
|A low minimum balance of $2,000|
|Tiered Rates (members earn more as higher balances are maintained)|
|Dividends are compounded and paid monthly|
Rates Below Effective: December 1, 2023 and are Payable January 1, 2024
Insured Money Market Rates
|$.00 – $1,999.99||0.00%||0.00%|
|$2,000 – $9,999.99||1.094%||1.10%|
|$10,000 – $19,999.99||1.144%||1.15%|
|$20,000 – $39,999.99||1.785%||1.80%|
|$40,000 – $99,999.99||2.129%||2.15%|
|greater than or equal to $100,000||2.325%||2.35%|
*Must be eligible for Houston Federal Credit Union membership and open a share savings account with a $5 minimum deposit in order to become a member and obtain any product or service.
**APY = Annual Percentage Yield.
Rates are subject to change monthly.
Fees and other conditions could reduce the earnings on the account.