Want to earn the highest returns on your savings without tying up your money in a CD? The new Money Market Account will reward serious savers with higher returns.
With a Stark Federal Money Market Account, you will receive a preferred dividend (interest) rate based upon your account balance. Your preferred rate will always be higher than our stated Share Account rate.
The minimum balance for a Money Market Account is $2,500 with additional tiers at $10,000, $25,000 and $50,000. Unlike other investments, your principal is federally insured for up to $250,000. This means that there is no risk of losing part of your principal if market conditions sour. There are no limits on deposits made in person. Call 330-493-8325 for ask a member service representative for more information.
|Less than $2,500||0%||0%|
|$2,500 - $9,999||1.25%||1.26%|
|$10,000 - $24,999||1.25%||1.26%|
|$25,000 - $49,999||2.75%||2.79%|
|$50,000 and greater||3.92%||4.00%|