Money Market

With a money market account, you'll earn more interest on your money than a regular savings account. You'll get a great interest rate and still have easy access to your money! A minimum deposit of $50 is required to open this account.

With an Austin Telco Money Market account you'll enjoy:

  • Competitive Rates
  • Unlimited withdrawals you make in person1
  • Unlimited Deposits
  • No monthly service/account fees
  • Federally insured up to at least $250,000

¹You may transfer out of the Money Market account through telephone or online but limited to six times per month.

Money Market Account - Anticipated Dividends

Effective as of October 1st, 2021

Truth-in-Savings Share Disclosure

Balance Dividend Rate Annual Percentage Yield
Below $2,000 0.00% 0.00%
$2,000 to $24,999 0.20% 0.20%
$25,000 to $74,999 0.30% 0.30%
$75,000 to $124,999 0.30% 0.30%
$125,000 and Above 0.30% 0.30%
  • A minimum deposit of $50 is required to open this account.
  • No monthly account/service fees.
  • A daily balance of $2000 is required to obtain the Annual Percentage Yield for the monthly dividend period.
  • Dividends are compounded and paid monthly.
  • Please see Fee Schedule.
  • Fees could reduce the earnings on the account.
  • Rates subject to change without notice.

¹For all savings and money market accounts, you may make no more than six (6) transfers and withdrawals from your account to another account of yours or to a third party in any month by means of a preauthorized, automatic, or Internet transfer, by telephonic order or instruction, or by check, draft, debit card or similar order. If you exceed these limitations, your account may be subject to a fee or be closed. There are no limitations to the number of transactions that you may perform on any account in person, by mail, or at an ATM.