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simplify your choice
choose high yields
MORE THAN A DROP IN YOUR BUCKET
put your savings in a union federal
money market account
One rate for every deposit amount
No monthly fees
$2,500 minimum to open an account
OPEN AN ACCOUNT
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Union Federal started as a small bank headquartered in North Providence, Rhode Island. Now we're an online bank as well, ready to serve customers across the USA. Learn more
What is a Money Market Account?
A Money Market Account is a type of savings account.
A Money Market Account normally pays higher interest than a traditional savings account and sometimes requires a higher minimum balance - but ours requires only a $1 deposit to open an account.
The number of withdrawals you make each month may be limited.2 [link to footnote 2, alt text: Click for important information]
Why should I open an account?
You want a higher rate of return on savings.
You don't need frequent access to your funds.
You appreciate the security of knowing that your deposits are FDIC-insured to the maximum amount allowed by law.
One Money Market rate for every deposit amount. Start saving with only $2,500!
FDIC deposit insurance and the FDIC Transaction Account Guarantee Program.