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Preferred Money Market Account
Money Market Accounts offer a higher yield on deposits, with the flexibility of immediate access to funds. There is a minimum deposit required to earn dividends, which are paid monthly.

The chart below illustrates how much you could earn with $10,000 deposited in an APLFCU Market Account after 12 months compared to other major credit unions and banks**.

Institution
APY*
Dividends After
12 Months
Bank of America
1.00%
$100
PNC
1.00%
$100
Chevy Chase Bank
0.43%
$43
Wachovia
0.15%
$15
APLFCU
2.10%
$210

An APLFCU Money Market Account can be a smart addition to your financial plan. Interested in opening one or learning more? Call 443-778-5250 or visit one of our branches.

*APY = Annual Percentage Yield.
**Rates as of 04/01/2008.


Guidelines:

  • 10,000 - minimum deposit to open
  • Six withdraws per month - three by check and three by other means (internet transfer or teller)
  • Variable rate interest - may change daily
  • Free checks
  • Insured by the NCUA to $100,000
  • Dividends are calculated daily, compounded and paid monthly on balances over $10,000