OnPath Federal Credit Union is excited to introduce its Elite Money Market Account (MMA), offering members a premium opportunity to grow their savings with a competitive 6.00% Annual Percentage Yield (APY) on new deposits of $25,000 or more. The Elite MMA is designed for members seeking a reliable way to build wealth with minimal risk while retaining access to their funds.
In addition to offering a competitive APY, the Elite MMA prioritizes security. Deposits are insured up to $250,000 by the National Credit Union Administration (NCUA), with an additional layer of protection through Excess Share Insurance (ESI) covering deposits beyond this limit. This double-layered insurance provides peace of mind, ensuring that account holders’ savings are protected up to $750,000, even during uncertain economic conditions.
Understanding the importance of financial flexibility, OnPath’s Elite MMA allows account holders to make up to three penalty-free withdrawals per month, supporting both long-term goals and unexpected expenses. Additionally, OnPath waives early withdrawal fees for members transferring funds from maturing certificates of deposit (CDs) or share certificates into the Elite MMA within 30 days, making it easy to roll over substantial sums and take full advantage of the 6.00% APY without sacrificing previously earned interest.
The Elite MMA has no upper deposit limit, making it a suitable choice for both high-net-worth individuals and those with larger financial goals. Whether saving $25,000 or $250,000, members can benefit from the same excellent APY, consistent monthly dividends, and flexible access, allowing them to manage significant savings with ease.
OnPath’s rate adjusts in response to market conditions, ensuring members benefit from a fair, competitive rate that keeps their money working for them, regardless of economic shifts.
For more information on OnPath’s Elite Money Market Account and how it can support your financial goals, visit OnPathPaysMore.com.