Our Money Market Account (MMA) typically earns higher dividends than savings accounts on balances of $2,500 or more. You'll also enjoy:
- Flexibility - write up to six checks per month*
- Convenience - withdraw funds as needed at an ATM
- Protection - use your MMA as overdraft protection on your checking account
- Plus, there’s no minimum balance required.
*The Money Market Account is a non-transaction account and as such you may make up to six (6) preauthorized, automatic, telephonic, or audio response transfers or withdrawals by check, debit card or similar order to another account of yours or to a third party during any calendar month.
Money Market Accounts
| Opening Balance | Balance to Earn Dividends | Balance | APY* |
| No minimum | $0.01 | Less than $2,500 | 0.64% |
| No minimum | $0.01 | $2,500 - $24,999.99 | 0.64% |
| No minimum | $0.01 | $25,000 - $49,999.99 | 0.72% |
| No minimum | $0.01 | $50,000 - $99,999.99 | 0.74% |
| No minimum | $0.01 | $100,000 - $249,999.99 | 0.93% |
| No minimum | $0.01 | $250,000 - $999,999.99 | 1.41% |
| No minimum | $0.01 | $1,000,000 or more | 1.46% |
*APY = Annual Percentage Yield. Rates and terms effective as of 9/1/23 and subject to change without notice. Fees may reduce earnings on the account. Dividends are paid from earnings after transfers to reserves.
View our Schedule of Fees.
Northwest Federal Savings and Money Market Accounts are non-transaction accounts, which means you may make no more than six (6) preauthorized, automatic, telephonic, or audio response transfers or withdrawals by check, debit card or similar order to another account of yours or to a third party during any calendar month. Learn more.