Features & Benefits
Meet these requirements and earn more on your Money Market*
To qualify for a Smart Advantage Money Market Account:
- Make at least 5 debit card transactions per month
- Enroll in E-statements
- Receive a monthly minimum $500 direct deposit** into your Checking or Savings Account
What our members are saying
Money Market FAQs
What is a Money Market account?
A Money Market account is a type of savings account that typically offers higher interest rates than regular savings accounts, while still providing easy access to your funds.
What is the minimum balance required to open a Money Market account?
The minimum deposit to open an account is $2,500. Dividend rates and yields may change after you open your account.
How easy is it to access my funds? Are my funds tied up in a Money Market account?
Accessing your Money Market funds is effortless. With no predetermined lock-in period, you have the freedom to withdraw funds at any time, penalty-free.
Are there any monthly fees associated with a Money Market account?
There are no monthly service fees or charges associated with our Money Market accounts.
Are Money Market accounts insured?
Yes, your funds are insured by the National Credit Union Administration (NCUA) up to at least $250,000 per account owner.
Do I need to be a member to open a Money Market?
Yes, but you can open your Money Market account at the same time you establish your membership using our convenient online application.
It’s quick and easy to open your account online.
Why choose The Police Credit Union for your Savings Account?
Dividends earned with competitive interest rates, paid monthly.
No Monthly Fees
For monthly service or maintenance.
Your Savings Account gives you access to Digital Banking and our mobile app, including features such as Mobile Check Deposit and E-statements.
Peace of Mind
Your deposits are federally insured by the National Credit Union Administration.
Take advantage of free Direct Deposit and payroll deductions.**
We're Here to Help
Other ways to connect with us
Call us at 800.222.1391 or find a branch location, by clicking the button below.Our Locations
Meet with us virtually
Schedule an appointment or meet a member of our Virtual Branch team from your computer, laptop, or mobile deviceVisit our Virtual Branch
Virtual Branch Hours
Monday - Friday: 10:00 a.m. - 5:00 p.m. PST
Saturday: 9:00 a.m. - 12:00 p.m., 12:30 p.m. - 3:00 p.m. PST
Terms & Conditions: The minimum deposit to open an account is $2,500. Dividend rates and yields may change after you open your account. The Dividend Rate and Annual Percentage Yield are based on the entire daily balance of the account. Subject to withdrawal limitations. The Annual Percentage Yield (APY) shown is accurate as of the last dividend declaration date, which is the last day of each month, unless otherwise noted. Rates/Yields are variable and subject to change without notice including after you open your account. Above anticipated rates are subject to availability of funds. Fees could reduce earnings on the accounts. Dividends will be compounded monthly and will be credited monthly. Dividends are calculated by the daily balance method, which applies a daily periodic rate to the principal in your account each day. Dividends will begin to accrue on the day you deposit cash or non-cash into the account if deposited before close of business. The dividend declaration date is the last day of each month. Eligibility restrictions, terms and conditions apply, and are subject to change without notice. See About Your Accounts or contact a Member Service representative for more details and information.
*To qualify for the higher Rate, you must have a current checking account, be enrolled in E-statements at The Police CU and meet the following requirements each month: Make 5 or more PIN and/or signature point-of-sale transactions (excluding cash advances) posted during the current calendar month to your account using your Visa® Debit Card. Have $500 a month in qualifying direct deposits deposited to your checking or savings account during the current calendar month. A qualifying direct deposit is a recurring electronic deposit made by an employer or an outside agency. Transfers made from one account to another or deposits made via a branch, ATM, online transfer, mobile device or the mail are not eligible to meet this requirement. Starting with the calendar month following when you open your Smart Advantage Money Market account, and monthly thereafter, whether the account earns the variable Standard or Relationship Rate for the entire calendar month will be determined at the end of the month based upon the number of qualifying transactions or direct deposit requirement for that month's activities and the dividend is paid at that time. If there are changes to your checking account (it is closed, changed to a new account type or no longer: 1) receives qualified direct deposit or 2) enrolled in E-statements, the rate will change to those in effect at the time of the change.
**Check with your employer for availability.
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