Making the most of your reserve funds requires a balancing act
Your goal is to maximize dividends without tying up every dollar for extended periods. After all, liquidity allows your business to quickly react to unexpected expenses, outstanding opportunities or changing competitive landscapes. Money Market accounts hit the sweet spot, out-earning regular savings accounts while keeping funds immediately accessible right when you need them.
- Minimum opening deposit of $1,000
- Add to your balance as often as you like
- Tiered rate system means that bigger balances can have higher earning potential
- No minimum savings period
- Access funds through checks, Online and Mobile Banking and at Mid American locations
- A safe, secure saving strategy with balances up to $250,000 protected by National Credit Union Administration