Money Market

If you would like to earn a higher return on your money, then a Money Market Account from Widget Financial may be the product for you. Our Money Market Account features include:

  • Great Rate1
  • $2000 minimum balance
  • Option to purchase checks
  • 6 transfer/withdrawals per month, $500 minimum (3 by check)2

A Credit Union Money Market Account could be the perfect way to save for your financial goals!

Remember, the rate for your money market account is based on the total balance in the account.

1Variable rate subject to change. Dividends are calculated on the average daily balance of $2,000 or more and credited monthly. 2Reg D transfer/withdrawal limitations apply. The minimum required amount to withdraw, write a check or transfer to another account or third-party is $500. Transactions below the minimum required amount will be assessed a fee. Call Credit Union at 814.456.6231 for a copy of our Rate and Fee Disclosure for complete details.

Money MarketDVR1APY2
< $25,0000.15%0.15%
$25,000-$49,999.990.25%0.25%
$50,000-$99,999.990.35%0.35%
$100,000+0.45%0.45%
1Dividend Rate. Rates subject to change without notice and fees may reduce earnings. Dividend rates are variable and may change after an account is opened. Dividends are calculated on the average daily balance of $2,000 or more and credited monthly. 2Annual Percentage Yield. Note: $2,000 minimum deposit required to earn dividends. Rate applies to the portion of your balance within tier. Minimum draws are $500. If there is a draw below $500, a fee may apply.

Safety and Security

At our Credit Union, members’ shares (deposits) are insured by the National Credit Union Share Insurance Fund. The NCUSIF is an arm of the National Credit Union Administration, or NCUA, which is a federal government agency. Currently, properly established share accounts in federally-insured credit unions are insured up to $250,000. In April 2006, insurance coverage on certain retirement accounts, such as IRAs and Keoghs, was raised to $250,000.

In addition to insurance through the NCUSIF, Widget Financial is one of only 13 credit unions in Pennsylvania that provides all of its members with the benefit of Excess Share Insurance. Widget Financial provides $250,000 of additional private insurance on accounts that exceed the maximum level of insurance coverage provided by the National Credit Union Administration. Therefore, members are automatically insured up to $500,000 per account at no cost.

We are proud to offer this extensive level of safety and security to each of our members. Please contact us if you have additional questions about the level to which your deposits are insured.