Flexible choices for saving and growing your "green."

We've Got Answers.

Savings
Extraco has a savings product for every dream, for every need. Choose an option that matches your financial goals and start growing your "green" today!
Money Market Investment
Balance up to Interest Rate1 APY
Annual Percentage Yield
APPLY NOW
$0 - $2,499 0.05% 0.05%
$2,500 - $9,999 0.10% 0.10%
$10,000 - $24,999 0.15% 0.15%
$25,000 - $49,999 0.25% 0.25%
$50,000 - $99,999 0.35% 0.35%
$100,000 - $249,999 0.40% 0.40%
$250,000 - $499,999 0.55% 0.55%
$500,000 - $999,999 0.60% 0.60%
$1,000,000 and above 0.65% 0.65%
Certificate of Deposit (CD)
Balance Interest Rate1 APY
Annual Percentage Yield
APPLY NOW
$1,000 - 1 year2 1.00% 1.00%3 / 1.00%4
 
 

Rates effective 11/07/2009

  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.
  2. Extraco offers multiple maturity dates for CDs, from 30 days to five years. Click on Online Chat for more information.
  3. APY for periodic interest payments made either by check or direct deposit.
  4. APY for compounded interest is deposited back into the account.
Account Features Money Market Investment Certificate of Deposit (CD)
Earns Interest1 Yes (tiered interest) Yes
Minimum to Open $0 $1,000
Minimum to Maintain $0 $1,000
Number of Transactions Limited2 Limited3
Monthly Service Charge None None
Electronic Statements Available Not Available
Free ATM/Debit Card Not Available Not Available
Free E-Bank Available Not Available
Free Bill Pay Available Not Available
Senior Benefits6 Yes Not Available
Free Identity Theft Services Available5 Not Available
Other Benefits Higher interest with higher balance
Sweep Available4
Higher interest with increased relationship
 
APPLY NOW APPLY NOW
 

Choose the savings option that best matches how you want to grow and access your money.

  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. Substantial penalties are charged for early / partial withdrawals. Click on Online Chat for more information.
  4. A regular sweep of funds from an Extraco checking account to the Money Market Investment acct.
  5. Identity theft protection is available through www.Deluxe.com or by phone, 877.838.5287.
  6. Seniors benefits include free basic checks and up to five free cashier's checks, money orders, and single-signature traveler's checks per month.
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!

What happens if I need to access the money I deposited in a Certificate of Deposit?

If you must access the money deposited in a Certificate of Deposit prior to the maturity date of the CD, you will have to pay a penalty fee. See the Account Comparison tab for more information.

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.