A Money Market Account is an excellent income-building account. If you’re saving money for a large purchase such as a new home, a remodeling project or even retirement, you can earn greater dividends and still have access to your money. Money Market accounts offer you the flexibility, interest-income and protection you need.

The ElecTel Money Market program offers an attractive rate, complete liquidity, and a low minimum balance requirement. You must maintain a $500 minimum daily balance to earn interest.

OPEN A MONEY MARKET ACCOUNT TODAY!
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Make Your Savings Work Harder.

Earn more on the money you’re already saving.

Whether you’re building your emergency fund, saving for a home project, planning your next vacation, or simply looking for a better place to grow your savings, an ElecTel Money Market Account helps your money earn more—without locking it away.

Competitive dividends. Easy access. Peace of mind.

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Why Choose a Money Market Account?

Not every dollar should sit in a basic savings account.

A Money Market Account allows you to earn a higher return while still keeping your money available when you need it. It’s a smart option for savings that are meant to grow—but may still be needed down the road.

Grow More Without Giving Up Access

Unlike certificates that lock in your money for a set term, a Money Market Account lets your savings continue working while remaining accessible for life’s planned—and unplanned—expenses.

Perfect for saving toward:

  • Emergency funds
  • Home improvements
  • Vacations
  • Major purchases
  • Holiday spending
  • Future financial goals

Why Members Choose ElecTel

Competitive Dividend Rate

Your money should earn more than just a place to sit.

Easy Access

Your funds remain available whenever you need them.

Low Minimum to Earn Dividends

Maintain a $500 minimum daily balance to earn dividends.

Safe & Secure

The NCUA federally insures your deposits up to applicable limits.

Is a Money Market Account Right for You?

A Money Market Account could be a great fit if you:

✔ Have at least $500 in savings

✔ Want to earn more than a traditional savings account

✔ Need flexibility to access your money

✔ Are saving for goals over the next several months or years

Ready to Earn More?

Start growing your savings with one of ElecTel’s most competitive deposit accounts.

Open a Money Market Account Today

  • $500 minimum balance required to earn dividends.
  • Dividend rates and APYs are variable and subject to change.
  • Dividends are compounded daily and credited monthly.
  • Federally insured by NCUA.
Accounts Minimum Dividend Rates APY*
Regular Savings $1.00 0.50% 0.500%
Special Savings $10.00 0.50% 0.500%
Christmas Club $10.00 0.50% 0.500%
Money Market** $500.00 2.25% 2.273%
Checking** $500.00 0.05% 0.050%
IRA Savings*** $10.00 0.50% 0.500%
IRA Money Market $500.00 2.25% 2.273%
HSA $0 2.25% 2.273%

*APY = Annual Percentage Yield.
**$500.00 minimum daily balance to earn interest; no minimum balance to maintain account.
Dividends compounded daily and posted monthly.
***Terms listed are applicable for both Roth and Traditional IRA Savings and IRA Money Market Deposits.