Custom savings options designed to keep your money where you need it most!

Money Market
Money Market
Get answers to frequently asked questions about Austin Telco accounts and services.
A money market account is a savings solution that combines higher dividend rates with the flexibility of unlimited withdrawals and deposits. At Austin Telco Federal Credit Union, it offers competitive rates without monthly service fees and is federally insured by the NCUA up to $250,000.
Choosing between a CD (Certificate of Deposit) and a money market account depends on your financial goals. A CD offers fixed, often higher interest rates for locking in your funds for a specific term, making it ideal for long-term savings. A money market account provides greater flexibility with unlimited access to your funds and competitive rates, suitable for those who might need quick access to their savings.
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*APY = Annual Percentage Yield.
1Federally insured up to at least $250,000. A minimum deposit of $50 is required to open this account. 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.
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