Premium Money Market Savings

Maximize your return and maintain flexibility. This type of account is a good option if:

• You plan to maintain a higher balance and want to earn a better rate than on a regular savings account
• You want access to your money any time
• You like the security of having your funds federally insured

Two account options for you
We offer Premium Money Market Savings and Premium Plus Money Market Savings accounts. The option you choose depends on the balance you plan to maintain. See the chart below for details.

The Premium Plus account gives you the opportunity to earn a higher rate as your balance grows, since the credit union may pay higher rates for higher balances based on market conditions.
 

Features & Benefits	Premium Money Market Savings	Premium Plus Money Market Savings
Minimum balance to open account	$10,000	$25,000
Balance tiers on which your dividend rate is based*	$100 to $9,999.99	$100 to $24,999.99
	$10,000 or more	$25,000 to $49,999.99
		$50,000 to $99,999.99
		$100,000 or more
Easy transfers to your checking account**	Yes
24-hour Home Banking and Phone Banking access	Yes
Can be used for automatic overdraft protection for checking once you designate it	Yes

*Daily dividends are based on rates in effect for the individual balance tiers. For example, if you have a Premium Plus account, on the days your balance is $50,000, you will earn the rate in effect for that balance tier.

**Transfers from a Premium Money Market savings account to another account or to third parties by preauthorized, automatic, computer or telephone transfer are limited to six per month. Additionally, you may make up to two withdrawals per month in cash or by requesting a check.

Federal insurance on your deposits
Virginia Credit Union is federally insured by the National Credit Union Administration, a U.S. Government Agency.

Please contact us if you have questions or we can help you in any way.