Grow Your Savings with a Pelican Money Market Account!
Looking for a smarter way to grow your money? Our Money Market Account is built for members who keep higher balances and want higher returns without sacrificing access to funds.
Plus, all Money Market Accounts come with Excess Share Insurance, which insures up to $1,000,000 in funds across your savings accounts.
Earn more as you save more:
- $20,000.00 – $99,999.99: 1.51% APY
- $100,000.00 – $199,999.99: 2.53% APY
- $200,000+: 3.56% APY1
Features:
- Minimum opening deposit: $20,000
- Comes with Excess Share Insurance—more protection for your money
- Available for revocable or irrevocable trusts
- Flexible access: 1 free withdrawal each month; $50 per withdrawal after
Get the account designed for serious savers who want both security and earning power!
1Pelican CU membership required. If you are not a Pelican member, you must be eligible to open a Primary Share account with Pelican to become one. The deposit to open a Primary Share account starts at a minimum of $15 ($10 to join + $5 minimum balance). APY = Annual Percentage Yield. Rates and account features are subject to change at any time. Advertised APY of 3.56% is highest for Money Market Accounts and applies to accounts with balances of $200,000 and above. Shares with balances of $20,000 - $99,999.99 earn 1.51% APY, and shares with balances of $100,000 - $199,999.99 earn 2.53% APY. Dividends are forfeited if account is closed prior to dividend payment. Money Market Accounts allow 1 free withdrawal per month; a fee of $50 will be charged on each additional withdrawal. A $25 fee will apply if the minimum balance falls under $1,000. Pelican reserves the right to limit the number of accounts allowed per member, joint or individually. Other account transfer and withdrawal limitations may apply.