Nevermind the name. Money Markets have nothing to do with the stock market. Instead, they're sort of super-sized savings accounts with extra high yields. They're also just as useful whether you're saving for the short term or looking ahead to retirement in Washington, D.C., Maryland, Virginia or New Jersey. As an added bonus, we feature a tiered structure, which means that as your money grows to certain levels, it earns even better returns.
The more you save, the more you earn, the more you'll like it.
Premium Money Market
We don’t mean insurance. This kind of premium pays you in cold hard cash.
- No monthly fees
- Choose how much to invest
- Make deposits as often as you’d like
- Start with a little as $0 dollars
- Make up to six (6) withdrawals per month
- Oversee your account with Digital Banking
- One box of free checks per year
Premium Money Market Rates
| Dividend Rate Tiers | Dividend Rate | Annual Percentage Yield (APY) |
|---|---|---|
| $0.01 - 2,499.99 | 0.05% | 0.05% |
| $2,500 - 19,999.99 | 0.05% | 0.05% |
| $20,000 - 49,999.99 | 0.07% | 0.07% |
| $50,000 and more | 0.10% | 0.10% |
Premium Plus Money Market
Superior savings that will make an impact on your wealth.
- We won’t charge you a monthly fee
- Get started with no minimum balance to open
- Make limitless deposits to grow your savings
- Pull money from your account up to six (6) times per month
- It’s easy to maintenance your account with Digital Banking
- Checks are on us, once a year
Premium Plus Money Market Rates
| Dividend Rate Tiers | Dividend Rate | Annual Percentage Yield (APY) |
|---|---|---|
| $0.01 - $99,999.99 | 0.05% | 0.05% |
| $100,000 and more | 0.10% | 0.10% |
Prestige Money Market
High value for high rollers
You worked hard to grow your wealth. Now it's time to take a load off while we do the heavy lifting for you.
- No monthly maintenance fee
- Start with no minimum balance to open and grow from there
- There’s no limit on deposits
- Withdraw up to six times per month
- Manage and move money with Digital Banking
- Free checks available once per year
Prestige Money Market Rates
| Dividend Rate Tiers | Dividend Rate | Annual Percentage Yield (APY) |
|---|---|---|
| $0.01 - $199,999.99 | 0.05% | 0.05% |
| $200,000 and more | 0.10% | 0.10% |
Legacy Money Market Accounts
Money Market accounts opened prior to May 18, 2020
Our Money Market and Traditional and Roth IRA Money Market accounts are no longer available for new accounts. Already have one of these savings accounts? Don't worry, your account will remain until you are ready to make a move to enjoy the benefits of our new Premium, Premium Plus, or Prestige Money Market accounts.
Looking for the Legacy Money Market and Traditional and Roth IRA Money Market rates? Click here to view the rates.
Love My Credit Union® Rewards
Sharing the wealth with special rewards.
Loyal credit union members enjoy more.
1Withdrawals are subject to income tax payments, penalties, and limits as specified by federal tax laws governing IRA accounts.
Andrews Federal Credit Union is a full-service financial institution with stateside locations in Washington, D.C., Maryland, Virginia and New Jersey, as well as overseas locations in Germany, Belgium and the Netherlands.