1.05% APY Best money market rate with Cloverbelt Credit Union

January 17th, 2012 Jackson Colson Leave a comment Go to comments

Cloverbelt Credit Union offers an enticing interest rate for their money market account. This money in the bank deal is tiered and has the following current interest rates:

$2,000 to $9,999.99 0.85% APY
$10,000 to $24,999.99 0.95% APY
$25,000 to $74,999.99 1.00% APY
$75,000 and above 1.05% APY

You can start earning this best money market rate when you have to maintain and deposit a minimum of $2,000 to open an account and earn the best interest rate. The credit union may charge a monthly service fee on your account is your balance fall below $2,000. The dividend rates of this best money market account is subject to change without prior notice.

This money in market deal allows you to make up to 6 transfer or withdrawals to your other account with the credit union or to a third party by means of phone transfer, automatic transfer, online, pre-authorized transfers, or check. Make sure that you do not exceed the limitations to avoid additional charges on your account.

The credit union allows you to access your account by simply signing up for their internet banking. You can even make free online bill payment and view your electronic bank statements. If you do not have an access online, you may also use their free telephone banking to access your money market account.

Membership with Cloverbelt Credit Union is open to anyone who resides or works in the counties of Marathon, Taylor, Lincoln, Shawano, Clark, Langlade, Wood, and Portage in the state of Wisconsin. Relatives of active members are also eligible to join.

You will be required to visit the credit union’s office to apply for membership. You will be required to open a share savings account with minimum deposit of $50. the credit union will also request for a copy of your valid photo identification like driver’s license or state issued ID.

You may want to contact the credit union first before visiting their office if you still have questions with regard to their money market rate, membership eligibility, or requirements thru 866-214-1395. Cloverbelt Credit Union has 3 branches located in the cities of Wausau and Weston, Wisconsin.

Cloverbelt Credit Union was federally chartered in 1936. They already have 16,825 members with over $166 million in declared assets. The credit union is covered by NCUA and has a charter number 66844.

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