A Money Market Account can be a safe place to save money, while still allowing convenient access to your funds.
With a DECU Money Market, interest rates increase as your balance grows. The more money you add to your DECU Money Market, the more money you’ll earn in dividends. Balances of $2,500 and up earn dividends, and there are no monthly maintenance fees.
Plus, DECU now offers a High Yield Money Market special at 4.00%APY* for balances $500,000 and above. For members maintaining $500,000 to $5,000,000 in our High Yield Money Market Account, you may qualify for additional insurance from the nationally esteemed Excess Share Insurance Corporation.
See all DECU Deposit Rates here.
Earn more interest
Gain peace-of-mind keeping all your hard-earned money in one place. With tiered rates, you can earn up to 4.00%APY on Money Market balances over $500,000.
Access your funds when you need them. Easily transfer funds to your savings, checking, write checks, or enjoy unlimited withdrawals in branch from your Money Market.
Funds in your DECU Money Market will not incur the risk of losses like an unstable stock market investment, making it a safe option to transfer funds to as you approach retirement.
NCUA federally insures funds up to $250,000. Additional protection may be offered through ESI to qualified members that maintain at least $500,000 in your Money Market.
Alternative options to open your Money Market:
- Open in a branch near you
- Call a DECU Account Expert at 207.454.9008
Wondering if a Money Market is right for you? Learn more here.
Selecting a local financial institution I trust is important to me. Seeing them give back to area food pantries and youth organizations in my community is a nice bonus!
"Downeast is great to work with! We've been members for 30+ years."
Professional, personable, and interested in finding a way to assist me. In addition to my questions, they provided value added analysis of competing offers and made financially sound recommendations.
I like investing my money locally in a DECU Money Market. It's convenient knowing I could withdraw cash in hand within just a few minutes if I need it, yet earn higher than average dividends.
I've been a member of Downeast Credit Union for 48 years...always pleased with their service!
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Downeast Credit Union is a Maine Credit Union serving Washington, Waldo, Hancock, Penobscot, Lincoln, Kennebec, Sagadahoc, and Knox Counties, and the towns of Brunswick and Harpswell in Cumberland County. Branch offices are located in Baileyville, Belfast, Brewer, Calais, Machias, Richmond, Topsham and Unity.
*Annual percentage yield accurate as of December 15, 2023 and may change at any time - visit the Downeast Rates Page for changes. Money Market rates are variable. The minimum balance required to open and earn an APY is $2,500. Fees may reduce earnings. Terms and conditions may vary and may change at any time.
Unauthorized access or use of this website is not permitted and may constitute a crime punishable by law.
Federally Insured by NCUA.