What is it?
Our Insured Money Market Reserve program is the strategic stewardship solution for your saving reserves that exceed the $250,000 NCUA federal insurance limit.
- Safety: Since this is a federally insured account, you can rest assured knowing your reserves are protected up to $30,000,000
- Accessible: View your account balance and account history from online and mobile banking.
- Withdrawals: Access your reserves at any time by contacting ECCU. Need funds sooner? Consider adding sweep to your Insured Money Market Reserve account.
- Insured Money Market Reserve WITH SWEEP: Get ECCU’s Insured Money Market Reserve with the added benefit of sweep. When linked to your ECCU checking or money market account you get liquidity, a competitive rate and insurance all in one account. Learn more!
- Money Market Account Rates: You’ll receive up to a 0.04% APY1.