Money Market

 

Earn up to 2.17% APY‡ While Staying Flexible

 

Open Now >

 

 

 

 

 

Money Market Plus

Up to 2.17% APY

 


 

Money Market

Up to 0.15% APY*

 

 

Why Choose a Money Market?

 

  • Earn higher rates than traditional savings accounts

  • Easy access to your cash when you need it

  • Earn interest on all balances over $5

  • 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

 

 

 

 

 

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Get Easy Access to Your Cash

 

  • 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

 

 

 

 

Over 30,000 Surcharge-Free ATMs, at Your Service

 

Get surcharge-free access to your accounts nationwide at Webster First locations and nearly 30,000 ATMs through our CO-OP Network partners.

 

Surcharge fees waived when using a participating CO-OP ATM terminal.

 

 

 

 

Monitor your money with our app

Watch Your Money Grow on the Go

 

  • 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

 

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

2.15%

2.17%

$100,000.00 +

2.00%

2.02%

$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.

 

 

 

 

 

Ready to Get Started?

 

You can open a money market account with as little as $1,000, online or at your local 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.