Money Market Essentials
- Minimum deposit to open is $2,500.00
- Dividends are earned daily and credited and compounded monthly at the rate which corresponds to your account balance
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APY means Annual Percentage Yield. Fees May Reduce Earnings on Accounts. Rates on savings, money market, and checking accounts are variable and may change after the account is opened. A Main Savings Account with a $5 minimum balance is required to establish and maintain Logix membership.
*There is no Main Savings account specific monthly low balance fee or monthly service charge; however, we charge a Low Balance Fee of $5 if the combined total of your savings, checking, money market, certificate, and outstanding loan balances within the same account structure is less than $1,000 on the last day of the month. If incurred, this fee is charged to the Main Savings Account, provided sufficient funds are available; otherwise the fee is charged to another of your Logix accounts.
†New money defined as money not currently on deposit with Logix Federal Credit Union.
Rates Effective and are subject to change.
For more information, please call 800-328-5328.