Money Market Accounts have the flexibility of a Share (Savings) Account, but offer a higher interest rate, based on a minimum balance of $1,000. There are three (3) tiers for Money Market Accounts with the higher tiers earning more interest.  Tier One has a minimum deposit of $1,000; Tier Two has a minimum deposit of $20,000; and Tier Three has a minimum deposit of $50,000. 

A Money Market Account is a great alternative to a Share Certificate because the funds are fluid and accessible by members.  Dividends are calculated on the daily balance and paid monthly.

All Deposit Accounts at City of Boston Credit Union are insured, for more information click here.