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Savings
Extraco has the savings product for your dreams and needs, so you can start meeting your financial goals. Apply online and start growing your "green" today!
Money Market Investment
Balance up to Interest Rate1 APY
Annual Percentage Yield
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$0 - $2,499 0.05% 0.05%
$2,500 - $9,999 0.05% 0.05%
$10,000 - $24,999 0.10% 0.10%
$25,000 - $49,999 0.15% 0.15%
$50,000 - $99,999 0.15% 0.15%
$100,000 - $249,999 0.15% 0.15%
$250,000 - $499,999 0.15% 0.15%
$500,000 - $999,999 0.20% 0.20%
$1,000,000 and above 0.20% 0.20%
 
 

Rates effective 05/17/2012

  1. Interest rate and APY may change in value at bank's discretion. Fees may reduce earnings. A penalty may be imposed for early withdrawal.
Account Features Money Market Investment
Earns Interest1 Yes (tiered interest)
Minimum to Open $0
Minimum to Maintain $0
Number of Transactions Limited2
Monthly Service Charge None
Electronic Statements Available
Free ATM/Debit Card Not Available
Free E-Bank Available
Free Bill Pay Available
Senior Benefits6 Yes
Free Identity Theft Services Available4
Other Benefits Higher interest with higher balance
Sweep Available3
 
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  1. See rate tab for current rates on interest earned.
  2. Transfers to another account, or to a third party via any means, are limited to 6 per statement cycle. A $15 fee will apply for debit transactions subject to and exceeding the transaction limitations.
  3. A regular sweep of funds from an Extraco checking account to the Money Market Investment acct.
  4. Identity theft protection is available through www.Deluxe.com or by phone, 877.838.5287.
  5. Senior benefits include free basic checks and up to five free cashier's checks per month.

Opening an account is easy with Extraco. You can open an account conveniently online, by contacting the Customer Care Center, or by visiting one of our financial centers. Please note that you must be at least 18 years of age, and a U.S. citizen or U.S. resident alien to open your account online. You'll also need four items to complete the account opening process:

  • Social Security number
  • A valid form of identification, such as a Driver's license, State ID, Military ID or Passport
  • Previous home address, if you have lived at your current home address less than two years
  • Credit card, debit card, U.S. checking or savings account number and bank routing number to fund your new account(s)

If using our online service, your application session will automatically time out if there is no activity for 15 minutes. This is for your protection. All information will be lost if this occurs.

Thank you, and welcome to Extraco. It's what a bank should be.

 
Do I have to keep the money in my Money Market Investment for a minimum period of time?

No. There are no maturity restrictions on the Money Market Investment so you can earn high interest without tying up funds!

Can I open up a Money Market Investment for my business?

Yes. A Money Market Investment account is a smart way for a small business to earn high interest on excess funds. You can even set up a sweep from your Small Business Checking account to your Money Market Investment.

How can I access the funds in my Money Market Investment account?

You can access your funds four different ways: through funds transfer on E-Bank, Phone24, at the ATM, or over-the-counter transactions in a financial center. Special checks are available upon request at customer expense. Click on Online Chat for more information.