Money Market

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Earn up to 2.02% APY‡ While Staying Flexible

 

  Open now  

 

 

 

Why choose a Money Market?

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  • Earn higher rates than traditional savings accounts
  • Earn interest on all balances over $5
  • Money Market Plus up to 2.02% APY‡
  • Money Market up to 0.15% APY*
  • Easy access to your cash when you need it
  • No restrictions on deposit amounts or totals
  • Open with as little as $1,000

 

 

 

 

 

How to Qualify for Money Market Plus

 

Money Market Plus offers higher rates than our regular Money Market account. You'll need to meet three simple critera‡ to qualify:

 

 

1

Have a Webster First checking account

 

2

At least 1 direct deposit into your checking account per month

 

3

At least 10 debit card transactions from your checking account per month

 

 

 

 

 

Get easy access to your cash

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  • A Money Market account keeps your cash accessible, so it's there for you when you need it
  • Make unlimited withdrawals in person at your local branch
  • Up to 6 withdrawals may be made monthly at an ATM, online, or by phone
  • Get access to your accounts at nearly 30,000 ATMs through our CO-OP Network partners.

 

 

 

Watch your money grow on the go

Monitor your money with our app
  • Keep track of your Money Market account with online banking and our app
  • Deposit checks directly into your account anytime, anywhere
  • Use our Money Management tool to set budgets, track spending, and meet your financial goals

 

 

 

No gimmicks, just gains

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Our Money Market accounts have zero maintenance fees, helping you earn more for every dollar. Here's what you could earn today:

 

Money Market Plus

Rate

APY*

Balance

2.00%

2.02%

$100,000.00 +

1.90%

1.92%

$50,000.00 - $99,999.99

1.75%

1.77%

$25,000.00 - $49,999.99

0.15%

0.15%

$1,000.00 - $24,999.99

0.10%

0.10%

less than $1,000.00

 

Money Market

Rate

APY*

Balance

0.15%

0.15%

$1,000.00

0.10%

0.10%

less than $1,000.00

*APY = Annual Percentage Yield. Interest compounds daily.

 

 

 

 

Open your Money Market

 

Open online

  Open now  

 

 

Open at a branch

  Find a branch  

 

 

 

 

 

*APY = Annual Percentage Yield. Fees may reduce earnings. Minimum $1,000 to open, must maintain minimum $5 daily balance to qualify for dividends. Rates subject to change.

‡ If Money Market Plus criteria isn’t met in any given month, regular Money Market rates will apply for that month. Money Market Plus criteria is: must have active checking account with minimum of 1 direct deposit into the checking account and 10 debit card transactions from the checking account per statement cycle to qualify for higher rates, otherwise standard money market rates apply.