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The TEFCU Paramount Money Market

Members asked for a share that was more liquid than a certificate but paid more dividends than the share savings and we give you the Paramount Money Market (PMM for short)!

You'll be able to reach new heights in savings.  The more money you stack, the higher the dividends you earn. But let's get right to the details:

  • Low Minimum Opening Balance: $2,500.00

  • Minimum Balance to Earn Dividends: $0.01

  • Term: None

  • Fees: Just like your share savings, enjoy 3 Free withdrawals per quarter; thereafter, $10.00 each

  • Rates: Please see our Current Rates page for the most up to date rates

So what are you waiting for?! Request the Paramount Money Market from your Member Services Representative today at (202) 832-5100 and start earning more, faster!

The Paramount Money Market (Last Modified: Jul 02, 2012)

Minimum Balance
Dividend Rate
APY*
$0 to $2,499.99
0.25%
0.25%
$2,500 to $9,999.99
0.50%
0.50%
$10,000 to $24,999.99
0.60%
0.60%
$25,000 to $74,999.99
0.75%
0.75%
$75,000 +
1.24%
1.25%

Dividends Compounded: Monthly • Dividends Credited: Monthly • Dividend Period: Calendar Month • Minimum Balance for Dividends: $0.01 • Minimum Opening Balance: $500.00 • Balance Method: Average Daily Balance • Limitations: Refer to Membership Booklet • Fees: Refer to Schedule of Fees. *APY = Annual Percentage Yield

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