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Personal  >  Savings  >  Money Markets

Money Markets

Let Altra help build your nest egg.

Altra Money Market accounts offer competitive rates, pay dividends monthly, and allow unlimited deposits and in-person withdrawals. All Money Market accounts can be set up as overdraft protection on your Altra Checking account. Altra Money Market accounts are insured deposits.

 

Platinum Money Market

This account, with five balance tiers and a $35,000 minimum balance, is designed for the member who wants to maintain or grow substantial liquid assets without risking loss of principal and still earn a competitive market rate. Dividend rates are variable and dividends are paid monthly based on the daily balance in the account; there is no below-minimum-balance fee and no annual management fee. Rate automatically adjusts when your balance increases.

 

Traditional Money Market

The Traditional Money Market is a perfect choice for beginning savers, with a low minimum balance of $2,500 and competitive rates on three balance tiers. Dividend rates are variable and dividends are paid monthly based on the daily balance in the account; there is no below-minimum-balance fee and no annual management fee. Rate automatically adjusts when your balance increases. 

 

Deposit Insurance

Your savings at Altra are federally insured to $250,000 with IRA accounts insured separately for an additional $250,000. The National Credit Union Share Insurance Fund (NCUSIF), is a federal fund backed by the full faith and credit of the United States government.