A money market account provides much of the flexibility of a savings account, but with a higher dividend rate. Money Market Accounts can also be set up as an IRA account. If you're interested in setting up a Money Market Account, please call 1.800.444.5858, or visit your local branch.
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With the current media coverage on troubled banks, you may be wondering if your accounts are secure at the credit union. The short answer is, yes!
Not only is our credit union sound and stable, every credit union in Oregon is federally insured by a fund that is backed by the full faith and credit of the U.S. government. The National Credit Union Share Insurance Fund (NCUSIF) insures accounts to $250,000 per account (with additional coverage of up to $250,000 for certain retirement accounts), just as the FDIC does for banks. For more information on federal share insurance click here.
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