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Get 1 Co-op Point for every $1 of dividends earned.
UMassFive Money Fund Share Account is a tiered savings account that earns a high dividend rate for maintaining a higher savings balance. It is geared toward medium to long range savings. The Money Fund is an interest bearing account with a $2,500.00 minimum balance to open. A fee will be charged if the account should fall below the minimum and is assessed only once per month. Members can make up to six withdrawals or transfers out of their Money Fund Account per month.
This account is not accessible through an ATM machine. Dividends are compounded and credited monthly. Check out our current rates and compare them to other financial institutions.
Money Fund Share Account tiers include:
- $0 - $9,999
- $10,000 - $24,999
- $25,000 - $49,999
- $50,000 and up
For questions or assistance, please contact a Representative
or email us today!
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