What money market accounts does Veridian offer?
Veridian offers two Money Market account options:
• Traditional Money Market: Open with a minimum balance of $1,000.
• Premier Money Market: Open with a minimum balance of $2,500 and earn tiered dividend rates
Both accounts include:
• Higher dividends than a standard savings account
• No monthly service fees
• Unlimited in-person transactions
• Up to six free electronic transactions per month
• 24/7 access through digital banking and the mobile app
Dividends are based on the average daily balance and posted monthly. If a Premier Money Market balance falls below $2,500, it earns the Traditional Money Market rate. If the balance falls below $1,000, it earns the Savings Account rate.
View our current Money Market Rates.
Note: Accounts below $50 do not earn interest and Savings and Traditional Money Market Accounts do not automatically convert to a Premier Money Market account if their balance reaches $2,500. You can open a Premier Money Market Account using our digital banking services, stopping by any Veridian Credit Union branch, or by phone.
Balance tiers
• Savings: $50-$999
• Traditional Money Market: $1,000-$2,499
• Premier Money Market Tier 1: $2,500-$9,999
• Premier Money Market Tier 2: $10,000-$24,999
• Premier Money Market Tier 3: $25,000-$49,999
• Premier Money Market Tier 4: $50,000-$99,999
• Premier Money Market Tier 5: $100,000-$249,999
• Premier Money Market Tier 6: $250,000-$499,999
• Premier Money Market Tier 7: $500,000-$999,999
• Premier Money Market Tier 8: $1,000,000+
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