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Money Market Accounts

A savings account with checking account flexibility. Like having your cake—and eating it, too.

Ready to do more than a typical savings account allows? Take a look at Power Financial Credit Union's Money Market Account (MMA). You’ll be able to grow your money quicker while still maintaining flexible access. It's the ideal account when you have at least $2,500 to deposit and don’t need to withdraw money daily.

Embark on your savings journey by opening an MMA today. We offer four attractive money market savings accounts, each designed to cater to a different financial need. Enjoy higher rates, flexible accessibility, and guaranteed safety—all while earning competitive dividends.

Benefits of a Power Financial Credit Union Money Market Account

Liquidity and Flexibility

Access funds with ease while still earning attractive interest.

Competitive Rates

Take advantage of our tiered rates and APY. The more you save, the more you earn!

No Monthly Fees

Enjoy greater savings growth without worrying about monthly maintenance fees.

Get a Welcome Gift of Up to $250*

Receive up to $250 as a Welcome Gift when you join PFCU and meet specific criteria.

Why Open a Power Financial Credit Union Money Market Account?

We're here to help you save more money while keeping it easily accessible. Our Money Market Accounts provide the perfect blend of high-yield interest, flexibility, and security.

Features include:

  • Minimum balance requirement of $2,5001
  • Checks & deposit tickets available upon request
  • Earn interest (dividends)
  • No monthly fees
  • Unlimited withdrawals
  • Federally insured up to $250,000

We offer four unique Money Market Savings Account products:

  • MarketSure
  • Gold Relationship3
  • Platinum Relationship3
  • Optimizer Investor2

Each account has tiered rates and Annual Percentage Yields (APYs) designed to reward you more as you invest more.

Embark on a rewarding savings journey with Power Financial Credit Union in your corner.

Money Market Account Rates

Power Financial Credit Union offers four different types of Money Market Accounts with competitive rates. In general, the more you save, the higher the rate you’ll earn! Click on the button below to view our Money Market Account rates.

View Rates

How to Open a Power Financial Credit Union MMA

Step 1

Contact Us

Call us or visit your nearest branch to get started.

Step 2

Make the Initial Deposit

Make the initial deposit of $2,500 or deposit a greater amount to earn higher rates.

Step 3

Start Earning!

Sit back, relax, and watch your hard-earned money go to work for you!

"Great, family feel. Excellent loan rates, convenient to use online banking, very happy to be a member!"

– James P., Pembroke Pines, FL

FAQs About Our Money Market Accounts

Accordion Section

A Money Market Account (MMA) is a savings account that typically offers higher interest rates than traditional savings accounts. It combines the earning power of investment funds with the liquidity of checking accounts.

This means that account holders can earn good returns and still have easy access to their money. MMAs often come with the added benefits of being able to write checks and use a debit card. The rates are usually tiered, meaning the more you deposit, the higher the interest rate.
Our money market accounts reward you for your relationship with Power Financial Credit Union. Your relationship level3, which determines your money market account type, is based on the total average daily balance of your savings and checking accounts with us each month (excluding money market, share certificate, IRA and HSA balances).

 We offer 4 tiers of money market accounts:
  • MarketSure Money Market
  • Gold Relationship3 Money Market
  • Platinum Relationship3 Money Market
  • Optimizer Investor2 Money Market
The higher your relationship tier, the higher the APY (Annual Percentage Yield) you can earn on your money market account. This allows you to earn more as your relationship with our credit union strengthens.

Anyone who lives, works, or goes to school in the following counties can join our financial family:

  • Broward
  • Charlotte
  • Collier
  • Lee
  • Martin
  • Miami-Dade
  • Monroe
  • Palm Beach County
  • Hillsborough
  • Manatee
  • Pinellas
  • Sarasota
  • St. Lucie
If you’re an employee of one of the following companies, you can join Power Financial Credit Union regardless of where you live: Immediate family of current members is also eligible for membership in our credit union.
You must have at least $50,000 in investments with Power Investment Services to qualify to open an Optimizer Investor MMA account.
A money market account (MMA) and a money market fund (MMF) are different financial instruments. Each has its benefits and risks.

An MMA is a type of savings account that pays interest based on current rates in the money markets. MMAs often require a minimum deposit and balance, but they typically offer higher interest rates than regular savings accounts. They also provide easy access to your funds, much like a checking account, and are federally insured.

Alternatively, an MMF is an investment product, not a savings or checking account. It invests in short-term, low-risk securities like treasury notes and commercial papers. Although these funds are considered safe, they are not federally insured, so there's a small risk of losing money. However, they can potentially provide higher returns than MMAs.
Money market rates can vary based on the economy and the federal funds rate set by the Federal Reserve. The exact frequency of changes can vary.
Yes. For money markets held at credit unions, the National Credit Union Administration insures the accounts up to $250,000.
Yes, you can make withdrawals from your MMA. However, federal regulations limit certain types of withdrawals or transfers from MMAs to six per month.

Have a Question or Want to Open an MMA Account?

Other Savings Options

Club Savings Accounts

Establish a Club Savings account today and save for goals such as holiday shopping or an ideal getaway.

Certificates of Deposit (CDs)

Take advantage of secure investing with guaranteed returns that Certificates of Deposit (CDs) offer. Perfect for cautious investors.

Health Savings Account (HSA)

Explore Health Savings Accounts (HSAs) as a way to save for medical expenses while enjoying tax savings.

Page Disclaimers

*Promotion ends December 31st of current year. Prizes will be awarded upon account meeting qualification criteria. New accounts require opening a checking account with direct deposit or a minimum initial deposit of $500. Checking account must remain open for 90 days. Membership required; $5 membership deposit. Power Financial Credit Union’s membership consists of those who: live or work in Broward, Charlotte, Collier, Lee, Martin, Miami-Dade, Monroe, Palm Beach County, Hillsborough, Manatee, Pinellas, Sarasota or St. Lucie counties; employees of FPL/NextEra and Ryder System, Inc.; members and employees of Bonefish & Tarpon Trust; and immediate family of all current members. Restrictions apply. Please visit or call Power Financial Credit Union for complete details. Cannot be combined with other offers. Incentives will be deposited to member’s Power Financial Credit Union Account. A 1099 may be issued for the value of the gift on your behalf as income. Minimum consumer loan amount of $2,501. Offer not valid on share secured nor CD secured loans. Minimum mortgage loan amount of $100,000.

  1. Balances below $2,500 in Money Market accounts do not earn dividends. Fees may reduce earnings.
  2. To qualify to open an Optimizer Investor Money Market, you must have $50,000 in investments with Power Investment Services.
  3. Relationship levels are assigned for the following month based on the average daily balance of the aggregate amount of savings and/or checking balances for the current month excluding money market, share certificate, IRA and HSA balances.