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When it comes to Savings and Deposit rates, MECU has the competitive edge!*
Premier Money Market rates of area financial institutions
Data compiled
July 03, 2008***
Rates shown as annual percentage yields (APY)
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Balance
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| $0 to $499 |
0.50
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0.15
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--
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0.25
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0.04
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| $500 to $9,999 |
1.51
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0.15
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--
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0.25
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0.04
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| $10,000 to $49,999 |
1.70
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0.15
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--
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0.25
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0.43
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| $50,000 to $99,999 |
2.95
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1.45
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1.95
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2.00
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0.55
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| $100,000 to $149,999 |
3.10
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1.85
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2.20
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2.20
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0.92
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| $150,000 to $499,999 |
3.35
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1.85
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2.20
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2.20
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1.21
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| $500,000 to $2,499,999 |
3.55
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1.85
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2.20
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2.20
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1.21
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| $2,500,000+ |
3.80
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1.85
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2.20
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2.20
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1.21
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Minimum opening deposit for a money market
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| Minimum balance of |
$500.00
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$25,000
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$2,500
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$2,500
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$2,500
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| To avoid monthly fee of |
$10.00
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$10.00
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$8.00
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$10.00
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$10.00
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| Minimum to open |
$50,000
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$25,000
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$2,500
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$1,000
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$2,500
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Note:
*This document is intended for comparative purposes only. For complete details on various accounts including minimum balance to earn the advertised annual percentage yield, minimum opening deposit, rates and terms refer to the financial institution's current Truth in Savings Disclosure and Rate and Fee schedule.
Earnings on account could be reduced by fees.
Rates are current as of
July 03,
2008 and are subject to change after account is opened.
Rates at some financial institutions may vary based on combinations of services members may have at those institutions.
***Source of data: Rates of financial institutions compiled and reported by Informa Research Services, Inc., Calabasas, CA. www.informars.com. Rates shown for MECU are effective
July 03, 2008 and are subject to change.
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