Opening a Money Market Account at AllCom takes minutes and pays off for years. No monthly fees, competitive rates, and a team that’ll help you decide which option actually fits your goals.
If your savings are sitting in a standard savings account, they’re probably not doing much. The national average savings rate is less than 0.10% APY. If you’re earning less than that, your money is essentially parked… and it deserves better.
A Money Market Account works like a savings account: Your money is accessible, protected, and earning dividends, but at a meaningfully higher rate. AllCom’s Basic Money Market earns 1.00% APY on balances starting at $2,000. That’s 50 times the standard savings rate. The Premium Money Market goes further, with tiered rates up to 2.00% APY based on your balance.
So, is it a good fit for you? A Money Market is a smart move if you have $2,000 or more in savings that you don’t need to touch day-to-day but want accessible if something comes up. It’s especially popular as an emergency fund home—liquid, growing, and safe. AllCom deposits are insured in full through NCUA federal insurance plus MSIC, the Massachusetts Credit Union Share Insurance Corporation.
Ready to start? AllCom has two great options for our members: The Basic Money Market (opens at $2,000) and the Premium Money Market (starts at $15,000, with higher tiers at $50,000, $100,000, and $300,000). If you’re not sure which one fits your balance and goals, we’ll figure that out in a five-minute conversation. No pressure, no pitch.
Your savings account has been patient long enough. It’s time to put it to work, and we’re ready to roll up our sleeves with you.