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JaxMetro CU Savings Accounts and Money Market Accounts

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Jax Metro Credit Union of Jacksonville, Florida, is offering several different types of savings accounts and a money market account. The savings accounts are a Share Savings Account, Holiday Savings Account and a Special Savings Account.

The Holiday Savings Account and Special Savings Account currently have a savings account rate of 0.50 percent and an annual percentage yield (APY) of 0.50 percent. Both accounts have a minimum opening balance of $25.00.



The Share Savings Account and the Money Market Account have tiered interest rates.  The money market account rates are some of the highest money market account rates available right now. The Share Savings Account rates aren't that competitive with the national average savings rates.

Share Savings Account Rates


Min $100.00 – $1,499.99 0.10% Rate 0.10% APY
Min $1,500.00 – $4,999.99 0.25% Rate 0.25% APY
Min $5,000.00 – $14,999.99 0.50% Rate 0.50% APY
Min $15,000.00 + 0.50% Rate 0.50% APY

Money Market Account Rates


Min $.01 – $4,999.99 0.75% Rate 0.75% APY
Min $5,000.00 – $9,999.99 0.90% Rate 0.90% APY
Min $10,000.00 – $24,999.99 1.00% Rate 1.00% APY
Min $25,000.00 – 49,999.99 1.00% Rate 1.00% APY
Min $50,000.00 – 99,999.99 1.25% Rate 1.26% APY
Min $100,000.00 – $149,999.99 1.30% Rate 1.31% APY
Min $150,000.00 + 1.40% Rate 1.41% APY

For a list of current savings rates and money market rates visit jaxmetro.org.
 
Author: Robert Till
April 14th, 2010