Money Market Accounts

Open an Account

Current WPCU Money Market Rates: 2.60% APY

$100 Minimum Balance

Wright-Patt Credit Union's Personal Capital Money Market Savings Account offers higher dividends with the flexibility you need. Earn competitive rates while maintaining easy access to your funds, with no hidden fees. Start earning with just a $100 minimum balance, and enjoy NCUA insurance protection up to $250,000.

Most financial institutions entice you with promotional rates that only last for a limited time before dropping to a much lower "standard" rate. At Wright-Patt Credit Union® (WPCU®), we don't play these games. When our rates go up, we publish them for our entire membership to take advantage of. That's why we offer a consistent rate across all balance tiers, giving you the best value for your money regardless of your deposit amount.

Description APY
Money Market Savings Account

Description

$100.00 to $2,499.99

APY

2.60%

Description

$2,500.00 to $9,999.99

APY

2.60%

Description

$10,000.00 to $49,999.99

APY

2.60%

Description

$50,000.00 and Higher

APY

2.60%

Wright-Patt Credit Union’s Personal Capital Money Market Savings Account offers the best in high-yield savings account benefits. We can offer you smart solutions that meet the needs of your money. Get easy access to your savings whenever you need it, with no hidden fees! Our money market accounts offer some of the best rates available.

These wealth-building savings accounts provide more value than a standard savings account, putting your hard-earned money to work for you through our credit union. With money market funds, you'll earn a great rate on your savings.

Account Details:

  • Open a money market savings account and start earning dividends with just a $100 minimum balance.
  • WPCU offers competitive rates, which vary. Please check out our current rates above. 
  • Variable rate account. 
  • Dividends, if applicable, are compounded monthly and credited to your account monthly.
  • Checks available.
  • No monthly service fees.
  • No transaction limitations.

Additional Benefits of a Money Market Account:

  • Earn dividends monthly.
  • No monthly service fees.
  • Access your money via teller, check, or on-the-go through WPCU’s free Mobile and Online Banking, Call-24, or ATM.
  • Free checks with a money market account balance of $10,000 or more*.

*Free checks only apply to specific check styles ordered.

What is a Credit Union Money Market Account?

WPCU money market accounts give you the power to earn higher dividend rates while still having easy access to your money. Money market accounts are insured by the NCUA and allow you to make withdrawals as needed and write checks, all while offering much higher dividend rates than you would earn in regular checking or savings accounts.

Money market accounts are flexible accounts with high earning potential, making them ideal places to park money you may need access to, but want to see some growth on through dividends.

How Do Money Market Accounts Work?

Money market accounts work very similarly to traditional savings bank accounts. You can make unlimited deposits and withdrawals as needed. WPCU money market accounts come with features like mobile and online banking access and check writing.

The dividends from a money market account tend to be higher than regular savings accounts. That's the power of compound growth from higher dividends at work.

What Are the Benefits of Using a Money Market Account?

Earn Higher Dividends

The main benefit is the ability to earn higher dividends than a normal savings account. This will allow your money to grow faster through the power of compounding interest over time. That means you keep more of your hard-earned money.

NCUA Insured

Money market accounts are insured by the NCUA (up to $250,000). This keeps your money protected against potential institutional failure or insolvency.

Convenient Access

Unlike other higher yield accounts like share certificates, money markets allow easy access to your funds when needed. Whether through check writing, online transfers, or in-person withdrawals, you aren't locked into long-term commitments.

No Limit on Deposit Amounts

Some savings accounts cap the amount you can deposit, but money markets have no maximum balance restrictions. This flexibility makes it easy to grow your deposits over time.

Put together, these features make money market accounts a versatile savings vehicle. You enjoy principal protection, liquid access, and higher earning potential on your deposits.

Who Might Want to Open a Money Market Account?

Given the blend of security, convenience, and yield, money markets can appeal to a wide range of savers. Here are some of the most common uses for these accounts:

Emergency Funds

The combination of insurance protection and account access makes money markets a great place to hold emergency cash reserves. You can be ready for surprise expenses while potentially earning a more competitive rate than many traditional savings accounts.

Short-Term Savings Goals

Whether you're saving up for a vacation, vehicle, home down payment, or other shorter timeline goal, a money market's dividends can help you achieve it faster. Add money whenever you can and watch it grow.

Retirees/Fixed Income

For those relying on Social Security, pensions, or other fixed income streams, a money market can supplement tight budgets. The dividends provide regular income that helps stretch retirement dollars further each month.



More ways we help you put your hard-earned money to work for you

  • Lower-to-No Fee ATMs

    Access more than 40,000 lower-to-no fee ATMs across the country. Find an ATM.

  • Financial Calculators

    Use our financial calculators to estimate monthly payments, refinance needs, estimated savings and more.

  • Mobile Banking

    Manage your finances, including loans, checking or savings accounts, on the go from your smartphone or mobile device. Download the mobile app from our credit union today.

Savings FAQ's

  • es. Here are the different ways you can move money to/from other financial institutions:

    Log into Online/Mobile Banking

    • External Funds Transfer: Move your money between your deposit accounts at WPCU and 23,000 other financial institutions
      • Allows you to send funds from WPCU to an external financial institution OR from your external financial institution to WPCU
      • The Primary member on your WPCU account must also be the Primary member on your external financial institution account as well
      • Transfers take 2-3 business days to process
      • Free
    • Pay WPCU Loans: Pay your WPCU loan directly from another financial institution
      • Your name must be on both the receiving and sending accounts
      • You will need the ACH account number and routing number for the external account at another financial institution
      • Loan payments take 2-3 business days to process
      • Free
    • MyCUmortgage: Make an ACH payment to your WPCU mortgage
      • Your name must be on both the receiving and sending accounts
      • You will need the ACH account number and routing number for the external account at another financial institution
      • Loan payments take 2-3 business days to process
      • Free

    Call our Member Help Center

    • Call us to process an ACH transfer over the phone (800) 762-0047 or (937) 912-7000
      • Your name must be on both the receiving and sending accounts
      • You will need the ACH account number and routing number for the external account at another financial institution
      • Transfers and loan payments take 2-3 business days to process
      • Free

    Visit us at one of our convenient Member Center locations

    • Stop by one of our Member Centers to process an ACH transfer in person
      • Your name must be on both the receiving and sending accounts
      • You will need the ACH account number and routing number for the external account at another financial institution
      • Transfers and loan payments take 2-3 business days to process
      • Free
    • You can do a cash advance at any of our Member Centers off of a credit/debit card from another financial institution
      • Immediate access to funds
      • Deposit the funds from your debit/credit card at another financial institution into your WPCU account
      • WPCU does not charge a fee for this service, however your other financial institution might – be sure to check with your other financial institution!

  • Yes – your deposits at Wright-Patt Credit Union are federally insured up to a total of $250,000 per ownership interest by the National Credit Union Administration (NCUA).

  • With a Roth IRA, you make contributions with money you’ve already paid taxes on and your money can grow tax-free, with tax-free withdrawals in retirement if certain conditions are met. While your contributions give you no current break on your income tax like the Traditional IRA, when you start taking money out of a Roth IRA, it can be withdrawn tax-free and penalty-free if the initial contribution was made at least five years ago, and you meet one of the following conditions:

    1. At least 59 ½ years of age
    2. Purchasing a home for the first time ($10,000 limit) 
    3. Disabled 
    4. Deceased 

    Learn more about both Traditional and Roth IRAs by clicking here.

    Consult your tax advisor for details.

  • Once your certificate reaches maturity, you can have the funds automatically transferred to another Wright-Patt Credit Union account, roll it into a new certificate with the same terms, or choose a new term. Prior to the maturity date of your share certificate, you will receive a notification from us describing your options.

  • Your Wright-Patt Credit Union Personal Capital Money Market gives you withdrawal and check-writing privileges like a regular checking account; however money market accounts are typically used more as a savings account and not a daily transaction-based account.

  • Yes! Club Accounts are a smarter way to save up for planned expenses. When you open a Wright-Patt Credit Union Club account, you can create a name for the account depending on your savings goals, from holidays and vacation to taxes and back-to-school expenses. Open one for all your needs.

  • You can make withdrawals from your Club account during the account's term without fees or penalties.

  • No. The only restriction is you must be between the ages of 17 and 24 to qualify for the Student Essentials package.

  • Yes! All children age 17 and younger have the opportunity to earn our highest savings rate on their first penny saved with our TrueSaver® account.

  • No. The only requirement for the party opening the account, known as the "custodian," is that he or she must be an adult 18 years of age or older. The account must be opened in the name of the minor, and the minor's social security number must be included on the account.

  • When the minor reaches the age of 21, the custodian must deliver or pay the custodial property over to the minor.

  • In order to have access to your child's account, you must be listed as a joint or custodian of the account.

  • No. Custodial accounts do not have access to an ATM/Debit card, Mobile and Online Banking, loans or credit cards.

Why You Can Trust Us

Not all credit unions are the same, and we take pride in being a leader within the industry.

At Wright-Patt Credit Union:

  • We are a state-chartered credit union and the largest member-owned credit union in Ohio.
  • Our story is about the power of people working together to help one another. Since 1932, we’ve served hundreds of thousands of members.
  • When you make deposits, they are federally insured up to $250,000 by the National Credit Union Administration.