Money Market
A Money Market account gives you the ability to set aside money in a safe, interest-earning product. Funds on deposit are accessible, making it especially useful for larger sums you may need access to—like a down payment or other large expenses.
Money Market Account Features:
Unlimited deposits.
Maintain a minimum balance of $1,000 to earn dividends.
Empower Money Market
| Tier | Balance | Rate/APY2 | MVP3 Rate/APY2 | Minimum Deposit to Earn APY2 |
|---|---|---|---|---|
| Tier 1 | $1,000.00 – $74,999.99 | 0.05%/0.05% | 0.05%/0.05% | $1,000.00 |
| Tier 2 | $75,000.00 – $99,999.99 | 0.60%/0.60% | 0.90%/0.90% | $75,000.00 |
| Tier 3 | $100,000.00 – $149,999.99 | 0.65%/0.65% | 0.95%/0.95% | $100,000.00 |
| Tier 4 | $150,000.00 – $199,999.99 | 0.70%/0.70% | 1.00%/1.00% | $150,000.00 |
| Tier 5 | $200,000.00 and above | 0.75%/0.75% | 1.10%/1.10% | $200,000.00 |
Amplify Money Market
| Tier | Balance | Rate/APY2 | MVP3 Rate/APY2 | Minimum Deposit to Earn APY2 |
|---|---|---|---|---|
| Tier 1 | $1,000.00 – $74,999.99 | 0.50%/0.50% | 0.80%0.80% | $1,000.00 |
| Tier 2 | $75,000.00 – $99,999.99 | 0.55%/0.55% | 0.85%/0.85% | $75,000.00 |
| Tier 3 | $100,000.00 – $149,999.99 | 0.60%/0.60% | 0.90%/0.90% | $100,000.00 |
| Tier 4 | $150,000.00 – $199,999.99 | 0.65%/0.65% | 1.00%/1.00% | $150,000.00 |