Money Market

Enjoy the convenience of a traditional savings account while earning a higher dividend rate.

Make up to three withdrawals a month; transactions exceeding the monthly limit are subject to a $15 fee per transaction
The more you save, the more you earn; rates increase as your account balance rises
Dividends are compounded daily and paid monthly

To convert to a Money Market savings account, please email fedecu@fedins.com, give us a call at 507-455-5430, or stop by one of our offices located in the Owatonna Federated Insurance buildings for personalized service.

Money Market Rates

Money Market	Dividend Rate	APY
$2,499.99 or less	0.90%	0.90%
$2,500 - $9,999.99	1.15%	1.16%
$10,000 - $24,999.99	1.40%	1.41%
$25,000 - $49,999.99	1.85%	1.87%
$50,000 - $74,999.99	2.30%	2.32%
$75,000 or more	2.70%	2.73%

Dividends are compounded and paid monthly. You can with draw 3 times per month, minimum of $500 and there is a $15 fee for each additional withdrawal.

Savings and Membership

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Online Banking

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Additional Resources

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