Credit Union of Ohio Savings Account Rates and Money Market Account Rates

Credit Union of Ohio is advertising several different types of savings accounts and two different money market accounts. The credit union's money market account rates are currently better than their savings account rates.

Find the best savings account rates and money market account rates from banks and credit unions at SavingsAccount.MonitorBankRates.com




Their regular share savings account rate (dividend rate) is only 0.10 percent for balances of $200 or more. Savings account balances under $200 don't earn any interest. The minimum opening balance is $25.00. Christmas Club Savings Accounts earn a savings rate of 0.35 percent with an APY of 0.35 percent.

Youth Share Savings Accounts, Teen Share Savings Accounts and Student Share Savings Accounts all earn a current savings dividend rate of 0.35 percent. The minimum opening account balances for each account is $25.00.

Individual Retirement Account (IRA) savings accounts earn the highest savings account rate and yield. The current savings rate and yield is 0.75 percent. The minimum opening account balance is $25.00.

Credit Union of Ohio's Insured Money Market Account interest rates are tiered. The credit union is advertising regular money market rates and student money market rates. Following is a list of their current MMA rates.

Insured Money Market Account Rates


Regular Insured Money Market Rates





  • Balances up to $2,499.99 MMA Rate 0.10% APY 0.10%


  • Balances of $2,500 to $24,999.99 MMA Rate 0.60% APY 0.60%


  • Balances of $25,000 to $74,999.99 MMA Rate 0.70% APY 0.70%


  • Balances of $75,000 or more MMA Rate 0.90% APY 0.90%


Student Insured Money Market Rates


  • Balances up to $1,000 MMA Rate 0.35% APY 0.35%


  • Balances of $1,000 or more  MMA Rate 0.90% APY 0.90%


For a list the credit union's current savings account rates and money market account rates go to cuofohio.org.
 
Author: Lisa Graham
May 23rd, 2010