Mutual Savings

Mutual Savings Credit Union

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2040 Valleydale Rd Birmingham (Alabama) CALL US +1(205)682-1100

Money Market Accounts

How to Join

Step 1

Check your Eligibility

To join, you must live, work, worship or attend school within our 13 counties. Or be employed by a Mutual Savings Sponsor Group.

Step 2

Speak with one of our account specialists

Our dedicated account specialists will walk you through the application process.

Step 3

Come to a branch

And complete your application.

Join Now

Start your application

Overview

Benefiting from the best savings rate possible is important. It’s also important to have access to your money. If you want to earn a competitive interest rate while still having the ability to make withdrawals, a Money Market Account is the way to go. Mutual Savings Credit Union offers two types of Money Market Accounts to meet specific needs. Each are detailed below:

Select Money Market

  • Tier 1: Daily balance equal or greater than $2,500 to $25,000
  • Tier 2: Daily balance equal or greater than $25,000.01 to $75,000
  • Tier 3: Daily balance equal or greater than $75,000.01 to $100,000
  • Tier 4: Daily balance equal or greater than $100,000.01
  • Begins earning dividends when balance is $2,500
  • No Monthly Fee
  • Withdrawal Limit: 3 per month
  • Visit our deposit rates page to see the interest rates

Business Money Market

  • Minimum Opening Deposit is $5,000.00
  • No Monthly Fee
  • Withdrawal Limit: No more than 6 withdrawals to a third party a month, no more than 3 of those 6 can be by check or debit card
  • Visit our deposit rates page to see the interest rate for balances over $5,000 and for balances over $20,000.00.

Additional Features

Each of these Money Market Accounts can be equipped with the following free features: