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New Alliance FCUNew Alliance FCU
New Alliance FCUNew Alliance FCU
  • Accounts
    • Checking
    • Savings
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      • IRAs
      • Certificates
    • ACH Transfers
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      • Mortgages
      • Home Equity Loans
      • Home Equity Line of Credit
    • Vehicle Loans
    • Auto Refi
    • Holiday Loans
    • Personal Loans
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    • Skip-A-Pay
    • ACH Transfers
    • Student Loans
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    • Business Accounts
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      • Business Credit Card
      • Business Debit Card
    • Business Loans
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    • Calculators
    • Fraud Prevention
    • Financial Counseling
    • Student Loan Counseling
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Money Market

April 28, 2025

MONEY MARKET

About Money Market

Our Money Market Account helps your money work harder with interest rates up to 3.00% APY*, significantly outpacing standard savings accounts—all with a minimum balance of just $1,000.

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Grow More with Every Dollar

Our Money Market account offers monthly compounding dividends, ensuring your money continually grows while remaining accessible. With tiered interest rates that increase as your balance climbs, this account delivers a high-yield, flexible solution designed to elevate your financial goals beyond average returns.

Account Features

  • Earn an interest rate up to 3.00% APY*
  • Let your money work for you
  • $1,000 minimum balance
  • Dividends are compounded monthly
  • No fee per transaction
  • Tiered for higher interest

Not a Member Yet?

We’d love to welcome you! Once you’re a member, you’ll be able to open accounts and take full advantage of everything we offer.

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Frequently Asked Questions About Money Market

How does tiered interest work in a Money Market Account?

Your Money Market Account earns interest in tiers, meaning the higher your balance, the higher the potential rate you can earn. For example, balances at $1,000 may earn one rate, while larger balances qualify for higher APY tiers.

Is my Money Market Account insured?

Yes. Your funds are federally insured by the National Credit Union Administration (NCUA) up to at least $250,000, giving you peace of mind and security.

What happens if my balance drops below $1,000?

You can keep your account open, but if your balance falls below $1,000, you may not earn interest and may incur low balance fees until it’s brought back above the required minimum.

How quickly can I access my funds?
You have full access at any time. Funds can be withdrawn at a branch, ATM, or via Online and Mobile Banking—with no withdrawal fees.
Who is a Money Market Account best for?
A Money Market Account is ideal for members who want to earn higher returns than a regular savings account without committing to a long-term certificate. It’s a good option if you typically keep a higher balance and want both growth and flexibility.

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About

Since 1935, New Alliance Federal Credit Union has been serving the communities of Western Pennsylvania as a not-for-profit, member-owned financial institution.

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* APY = Annual Percentage Yield.
** APR = Annual Percentage Rate. Rate based on creditworthiness and term of loan. Rates are subject to change at any time and are not guaranteed.
*** New Alliance Federal Credit Union is federally insured by the National Credit Union Administration (NCUA) and is an Equal Housing Lender. Membership eligibility is required. This website is intended to provide general information about our products and services and is not intended as legal, tax, or financial advice. For personalized assistance, please contact a qualified advisor. By accessing third-party links provided on this site, you are leaving the credit union’s website. We are not responsible for the content or availability of linked sites and do not endorse or guarantee the information they provide.

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