Heritage Family Credit Union of Vermont is currently boasting the highest interest rate on a money market account from any locally based institution. However, if you’re strictly after the top rates, you should know that this rate is still lower than some of the top offers nationally.
Heritage Family Credit Union sets their interest rates on a tiered system based on balance amount. If you’re able to keep $35k or above in the account you’ll earn the highest tiered interest rate of 0.81% APY (current national average sits at roughly 0.68%). If your account is between $20k and $34,999 you’ll earn 0.71% APY and if your balance is between $1,000 and $19,999 you’ll earn just 0.50% APY.
HFCU has 9 branches in Vermont and provides membership to residents in nearly every county. They also have 1 branch in New Hampshire, however, membership is slightly more exclusive as only residents of Merrimack County can join.
Savings and Money Market Rates offered from Heritage Family Credit Union:
More Noteworthy Local Rates for Vermont Residents:
- Bellwether Community Credit Union is featuring a money market rate of 0.50% APY with minimum balance requirements of at least $10,000.
- Lockheed Federal Credit Union is also featuring a money market rate of 0.50% APY. Their minimum balance requirement sits at just $1,000.