Preferred Money Market Account
Our Preferred Money Market (PMM) account is a great cash management tool to use in conjunction with your brokerage investment accounts you set up through the credit union. With a PMM, you can earn a great rate and have the ability transfer money to and from your NFCU investment accounts through SilverLink Online Banking.
The benefits and features of our High-Yielding PMM include:
- Federally insured up to $100,000 per account.
- Integration with SilverLink Online Banking and your NFCU investment brokerage account.
- Immediate funds transfer capabilities, to and from your NFCU brokerage account to your PMM, through our state-of-the-art FastFunds electronic funds transfer feature in SilverLink Online Banking.
- Available with a self-directed eVision® NFCU brokerage account.
- No more mailing checks or paying wire transfer fees to fund your NFCU brokerage account, transfer directly from your PMM through SilverLink Online and FastFunds feature.
- And once transferred from SilverLink Online, the funds are immediately available for your investing needs.
- No balance or funds transfer restrictions.
To be eligible to open a Preferred Money Market, you must have $25,000 invested through NFCU investment department or in an eVision® self-directed account.
Click for current PMM rate information.
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