
/GettyImages-949219696-e4c7b0e0b92847cb91ac7cc928362bad.jpg)
Interest rates on savings and money market savings are subject to change at any time without notice. For more information visit the FDIC website. Up to $250,000, per depositor, per category of account ownership, and per institution.
MONEY MARKET ACCOUNT FOR FREE
You can check your FICO® Score for free on our free mobile app, UFirst.Money market accounts and savings accounts have many differences, but they have a few things in common, too. Reversely, if a borrower finds themselves with a credit score in the mid-600s or low 500s to low 600s, they may expect a lender to give an interest rate three to five times higher (between 10–24%) than those with good or excellent credit. Typically, to get an interest rate between 0–2% on new car loans, the lender will require a credit score of 700 or higher. This credit score also determines the borrower’s interest rate on the loan. When getting approved for an auto loan, most financial institutions will look at the borrower’s industry-specific auto FICO® Score3, along with their base FICO® Score from the three consumer credit reporting bureaus: Equifax, Experian and TransUnion. On average, the borrower needs a score in the low 700s for a new car loan and mid-600s for a used car loan.Ī borrower's credit history tells the lender whether or not they are high or low risk.

The credit score required to qualify for an auto loan is relative to the lender. *All UFirst Credit Union Money Market accounts are subject to Money Market account and it will remain as a High Yield Money Market account. Prime Money Market account does not meet the required criteria it will be converted to a High Yield To establish their checking account and set up the minimum required direct deposit. Upon account opening, Prime Money Market account holders will have 2 calendar months Required to have a UFirst checking account that maintains an aggregate direct deposit of at least For new accounts opened as of, Prime Money Market account holders are Initial $20,000 deposit must not have been previously Prime Money Market floor rate is 0.30% APRĪnd applies only to balances $20,000 or higher. WSJ rate changes or at the first of the following month. Money Market Rate adjusts with the Wall Street Journal (WSJ) Prime Rate and may take effect when the APY is a variable rate tied to Prime rate minus 3.25%. Open Account Make an Appointment Calculate Savings Rates Text us your questions High yield earnings to increase dividends.Rate moves with WSJ prime rate so there is no need to constantly manage your deposit.High payout rate of WSJ prime minus 3.25 points.No fees for maintenance, transfers or withdrawals.Flexible savings so you can move money in or out at any time.Qualifying for a UFirst Credit Union Prime Money MarketĪccount requires membership application and a $20,000 deposit of new money. Much higher than those of other account types. This makes Prime Money Market accounts a smart, safe wayįor serious investors to make rapid returns. Earn More Interest on Your Investmentsīecause our Prime Money Market accounts fluctuate with the WSJ prime rate, your interest payouts can be With UFirst, you maintain easy access to your money, and with a UFirst Prime Money Market Account, youĮarn higher dividends on that money. This account type enables you to earn high dividends that can rapidly build your savings. PRIME MONEY MARKET ACCOUNT Higher-yield Savings for Serious InvestorsĪccount is a savings account that earns high interest rates that fluctuate with the WSJ Open Account Make an Appointment Calculators Rates Text us your questions $25,000 to open the account, but no minimum balanceįor more details, visit a branch, call 80 or apply for an account below.Grow your wealth faster with higher payouts.These accounts are a safe way to invest high dollar amounts and yield highĭividends with reduced risk. This account requires an opening deposit of $25,000, but no minimum balance Our High-Yield Money Market accounts are designed to payout the highest rates while also enabling you

That is competitive with savings bonds and the best short-term certificate rates, without the With a High Yield Money Market account, you can earn an Annual Percentage Rate (APR)

HIGH-YIELD MONEY MARKET ACCOUNT Higher-Yield Savings for Serious SaversĪ UFirst Credit Union High-Yield Money Market account is a flexible investment that pays high interest
