With a GenFed Money Market account, you can earn above-market rates with zero risk! Our dividend rates are in line with mainstream brokerage money market accounts, plus our accounts are fully insured to give you peace of mind. Earn serious interest while you enjoy the flexibility of easy, immediate access to your funds with no hassle and no penalties!

Features and Benefits

There’s no minimum to open your Money Market account, and we won’t charge you any service fees. You can access your funds quickly and easily through our free online and mobile banking.

  • Minimum withdrawal amount is $500.
  • Make up to 6 withdrawals or transfers per month (with up to 3 of those being checks)
  • Free printed counter checks.
  • Tiered interest rate.

Our Co-op Advantage program rewards you based on your total amount of deposit and loan balances with GenFed. Learn more.

Money Market Account Rates

BalanceDividend Rate (APY)
Below $2,000.000
$2,000.00 - $19,999.990.15%
$20,000.00 - $74,999.990.20%
$75,000.00 and up0.25%

Daily dividend rates are tiered and adjusted periodically to the market.

Open an Account

APY stands for Annual Percentage Yield. See rates page for full rates disclosure. All GenFed accounts are insured up to $250,000 through NCUA and $250,000 through ESI for a total $500,000 of insurance.