Money Market Savings
Stress less.
Grow your savings.
Earn higher dividends without sacrificing access to your money.
Save more. Earn more.
24/7 Access
You can access your Money Market Account without an early withdrawal penalty in-person and by using the FirstEnt Mobile App and Digital Banking.1
No Monthly Service Fees
Our Money Market Account comes with zero monthly service fees, so you can keep more of your money.
Automate Your Savings
Set up automatic payroll deduction as an easy and convenient way to make your savings grow.
Open Instantly
Open a Money Market Account instantly by logging into Digital Banking with a minimum initial deposit of $2,500.2
Get today’s best rate.
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Minimum Opening Balance |
Minimum to Earn APY |
APY* |
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*APY = Annual Percentage Yield. APY is based on the assumption that dividends remain on deposit for the entire dividend period. **Rate on our multi-tiered Money Market Account is based on the Account’s daily balance. Account balances below $2,500 earn no dividends. |
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Minimum Opening Balance $2,500 |
Minimum to Earn APY $2,500** |
APY* 0.80% |
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Minimum Opening Balance $2,500 |
Minimum to Earn APY $10,000** |
APY* 0.90% |
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Minimum Opening Balance $2,500 |
Minimum to Earn APY $25,000** |
APY* 1.00% |
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Minimum Opening Balance $2,500 |
Minimum to Earn APY $50,000** |
APY* 1.10% |
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Minimum Opening Balance $2,500 |
Minimum to Earn APY $100,000** |
APY* 1.20% |
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Minimum Opening Balance $2,500 |
Minimum to Earn APY $250,000** |
APY* 1.30% |
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Minimum Opening Balance $2,500 |
Minimum to Earn APY $500,000** |
APY* 1.40% |
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Minimum Opening Balance $2,500 |
Minimum to Earn APY $1,000,000 & up** |
APY* 1.65% |
FAQs
There are two different ways to apply for a Savings account, depending on whether you are a member or not.
Non-members: Navigate to firstent.org and click “Open an Account”. Select the type of account you are opening. Add the First500 Savings account and follow the steps to apply for a Savings account.
Members: Follow the steps below to apply for a Savings Account.
- Login to your digital banking account
- Navigate to “Open New Accounts”
- Click “Open New Savings”
- Click on “Apply Now”
- Select the Savings account you are applying for (Special Savings or Money Market)
- Click “Apply”
- Choose the funding account
- Enter a deposit amount (if you would like to open the account without funding it, entering “0”. This does not apply to Money Market accounts)
- Click “Finish”
A money market account is a type of savings account offered that typically pays higher interest rates compared to a regular savings account. It is designed to provide a safe and liquid way for members to save and invest their money while earning some interest. All Consumer Money Market Savings accounts require a minimum opening balance of $2,500.
Not finding what you’re looking for? See all FAQs.
Open a Money Market Account today.
Disclosures
- *
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Federally Insured by NCUA.
- 1
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Withdrawals and transfers made online, via mobile, through ACH debits – including overdraft transfers – are limited to six (6) per month, per Federal Regulations.
- 2
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This is a tier-rate account. The minimum balance requirements for each tier and the corresponding dividend rates and Annual Percentage Yields (APYs) are set forth on the Dividend Rate Sheet. You must maintain a minimum daily balance each day of $2,500.00 in this account to earn the lowest disclosed APY.