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Money Market

"I love Arsenal! Every time I walk through the door I feel valued and important. Their staff is amazing and will customize your banking experience to meet your needs."

Ebony B - Member Testimonial avatar Ebony B.
  • Free

    No monthly fee

  • Flexible

    Make withdrawals and write checks

  • Open Now!

Get more from your savings

With a money market account, you earn higher interest when you deposit more. Interest is paid on balances of $2,500 or more. Overall, we offer five tiers. At the highest level, you’ll earn up to five times the rate of our regular savings account.

Money market accounts at Arsenal are federally insured.

A money market account that doesn't punish you

Many money market accounts have serious restrictions and penalties. Some charge as much as $10 per month if you go under the minimum balance. We offer a more flexible option that’s suited to your savings needs. If you save more, you earn more, but you won’t be penalized for having less in your account.

  1. 1

    The best of both worlds

    A money market account gives you a blend of savings/checking benefits, allowing you to write up to three checks per month and make a total of six withdrawals.

  2. 2

    Access your money anywhere

    Never feel tied down when you have online and mobile banking, as well as access to thousands of free ATMs throughout the United States.

  3. 3

    No worries

    If the minimum balance requirement isn't met, you won't be charged a service fee of any amount.


Regular Savings $100 0.10% / 0.10% Monthly (Dividend)
Special Savings $0 0.10% / 0.10% Monthly (Dividend)
Tracker Kids Club $0 0.20% / 0.20% Monthly
Christmas Club $0 0.20% / 0.20% Monthly
Vacation Club $0 0.20% / 0.20% Monthly
Value Checking $0 0.10% / 0.10% Monthly
Advantage Plus Checking $0 0.20% / 0.20% Monthly
Business Checking II $500 0.10% / 0.10% Monthly
Business Checking III $2,500 0.20% / 0.20% Monthly
IRA Savings Account** $0 0.30% / 0.30% Monthly
Money Market Account $2,500 - $9,999 0.25% / 0.25% Monthly
$10,000 - $24,999 0.50% / 0.50% Monthly
$25,000 - $49,999 0.75% / 0.75% Monthly
$50,000 - $99,999 0.80% / 0.80% Monthly
$100,000 and over 0.90% / 0.90% Monthly

Rates Subject To Change Without Notice. Rates as of 8-1-19.
*APY=Annual Percentage Yield
**On IRA savings accounts, fees could reduce earnings on the account and early withdrawal penalties may be imposed.


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Interest is paid monthly based on your average daily balance. No interest is earned on balances less than $2,500.
Your interest is calculated on the average daily balance of the account for the month.
Yes. By setting up a cross-account agreement, you can transfer money, view balances, check transaction history and request transfers from linked accounts – all from one online banking login. The user with access to your account can even make deposits using mobile check deposit on the Arsenal app. To set up account access for another user, the account owner of both the sending account and the recipient account must sign a form for the cross-account relationship to be established. To learn more, contact us or start a live chat.

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Money Market Account

Rate information – The interest rate and annual percentage yield may change at any time, as determined by the credit union board of directors.
Compounding and crediting – Interest will be compounded every month. Interest will be credited to your account every month.
Effect of closing an account – If you close your account before interest is paid, you will not receive the accrued interest.
Minimum balance requirements – The minimum balance required to open this account is $2,500.00. You must maintain a minimum average daily balance of $2,500.00 in your account to obtain the disclosed annual percentage yield.
Average daily balance computation method – Interest is calculated by the average daily balance method which applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the balance in the account for each day of the period and dividing that figure by the number of days in the period. The period we use is the monthly statement cycle.
Accrual of interest on noncash deposits – Interest will begin to accrue on the business day you deposit noncash items (for example, checks) to your account.
Transaction limitations – During any month, you may not make more than six withdrawals or transfers to another credit union account of yours or to a third party by means of a preauthorized or automatic transfer, telephonic order or instruction, or computer transfer. No more than three of the six transfers may be made by check or similar order to a third party. If you exceed the transfer limitations set forth above, your account will be subject to closure by the credit union.