Now, you can earn more on your money without locking it in for a set period. AurGroup's NEW Money Market Accounts offer three tiers based on your account balances.
The first is AurMoney Market Account, available to anyone with a starting balance of at least $10,000.
The second is our member Loyalty Money Market Account, available to current members and features a member loyalty bonus of an additional 1% on the current rate. The bonus rate is available to members who deposit "new money" of at least $10,000.1 The member Loyalty Money Market Account continues to earn the bonus rate through July 31, 2024.$10,000-$49,999.99 earns 2.00% APY
$49,999.99-$99,999.99 earns 2.5% APY
$100,000 earns 3.00% APY
$10,000-$49,999.99 earns 3.00% APY
$49,999.99-$99,999.99 earns 3.5% APY
$100,000 earns 4.00% APY
1 Rates are subject to change at any time without notice. Current member is defined as an AurGroup member as of 7/1/2023. New money is defined as money not already deposited in an AurGroup account. A deposit of at least $10,000 in new money is required to open the member Loyalty Money Market Account, which earns a bonus rate. The member Loyalty Bonus rate of an additional 1% applies to the current market rate of the Loyalty Money Market Account until 7/30/2024.
Rate Information: The dividend rate and annual percentage yield may change at any time, as determined by the Credit Union and Board of Directors.
Compounding and crediting Dividends will be compounded every month. Dividends will be credited to your account every month.
Dividend period for this account type, the dividend period is monthly. For example, the beginning date of the first dividend period of the calendar year is January 1, and the ending date of such dividend period is January 21. All other dividend periods follow this same pattern of dates. The dividend declaration date is the last date of the dividend period; for the example above is January 31. You will not receive the accrued dividends if you close your account before dividends are paid.
Minimum balance requirements: The minimum balance required to open this account is $10,000. You must maintain a minimum daily balance of $10,000 each day to obtain the disclosed annual percentage yield.
Daily balance computation method Dividends are calculated by the daily balance method, which applies a daily periodic rate to the balance in the account each day.
Accrual of dividends on noncash deposits Dividends will begin to accrue on the business day you place noncash items (for example, checks) into your account.