Quick Answer: A credit union money market account combines the higher interest of a savings account with the flexibility of a checking account, helping your money grow while keeping it accessible.

If you’re looking for a safe and simple way to earn more on your savings, a credit union money market account could be your best next step. It’s ideal for those who want higher returns without locking away funds in long-term accounts like certificates of deposit (CDs).

What Is a Credit Union Money Market Account?
A money market account (MMA) blends the benefits of savings and checking. It often pays a higher interest rate than traditional savings accounts and offers the flexibility to transfer funds through mobile/online banking, unlike CDs that tie up your funds for a set term.

Key benefits of a credit union money market account:

• Higher interest rates – Many MMAs pay significantly more than basic savings accounts. As your balance grows, tiered rates can help you earn even more.
• Compound interest – Interest is often calculated daily and paid monthly, meaning your money earns on both your deposits and past interest.
• Liquidity – Access your funds through online transfers. While there may be transaction limits, you won’t face early-withdrawal penalties like you would with a CD.
• Account perks – Enjoy checking-style benefits, online and branch access, while keeping your funds in a savings-focused account.
• Security – Credit unions like Clark County Credi Union (CCCU) are insured by American Share Insurance (ASI) up to $250,000 per account, providing strong protection for your hard earned money.

Why Choose a Credit Union?
Credit unions are member-owned, so they typically offer better rates, lower fees, and more personalized service than traditional banks. For someone new to MMAs, a credit union provides guidance and support to help you make the most of your savings.

Open Your Money Market Today!
Opening a credit union money market account is straightforward. And CCCU is here to help your hard-earned money grow. With competitive rates and easy access to your funds, it’s a smart way to grow your savings — whether you’re saving for a home, a major purchase, or simply building a stronger financial cushion. For assistance or questions, visit www.CCCULV.org or contact us at 702-228-2228.