Madrona Money Market
Strengthen your savings with Madrona 3.70% APY1!
Our Madrona Money Market high yield account offers a high interest rate for higher balances. Money market funds are federally insured for at least $250,000, as First Fed is a member FDIC bank. Open with a minimum deposit of $10,000.
Features include:
- Up to 3.70% APY1 as of 11/23/2024
- Free withdrawals from more than 37,000 MoneyPass ATMs nationwide. Fee of $2.50 for each withdrawal made from ATMs out of the MoneyPass network.
- Online and mobile banking
- No monthly maintenance fee
Grow your savings with a higher rate today!
Open in a Branch Open by phone: 800-800-1577
How to access your funds in Madrona Money Market
- Add funds and take out cash via an ATM card, which can be requested by calling 800-800-1577
- Use online banking or mobile banking to initiate a payment or electronic fund transfer (ACH)
- Visit one of our full-service branches for a withdrawal or to initiate a wire transfer
Madrona Money Market
| Balance | Interest Rate | APY* | Method of Compounding | Minimum Balance to Earn APY |
|---|---|---|---|---|
| $0 - $99,999.99 | 0.25% | 0.25% | Daily | $1 |
| $100,000 - $249,999.99 | 3.63% | 3.70% | Daily | $100,000 |
| $250,000 and up | 3.63% | 3.70% | Daily | $250,000 |
Interest Rates Effective: 12/21/2024
Revised: 12/20/2024
*APY is Annual Percentage Yield. APY assumes principal and interest remain on deposit for one year at the same interest rate. $15 closing fee if closed in the first 90 days. Fees could reduce earnings. Interest rates for the above accounts may change after account is opened. Minimum deposit to open is $10,000. No maximum.
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