In times of economic uncertainty, Chartway money market accounts can give you peace of mind – St George News
Stock image | Photo by fizkes/iStock/Getty Images Plus, St. George News
CONTRIBUTED CONTENT — With a volatile stock market and inflation skyrocketing the price of everyday items, many people fear losing the money they may have saved over the past couple of years. If this describes you, and if thoughts about money are keeping you up at night, you might want to consider parking your money somewhere safe and easily accessible.
A money market account with Chartway Credit Union ticks all of these boxes – and best of all, you’ll be able to catch some Z’s knowing your money is safe and available when you need it!
Money Market Accounts are great tools that offer many of the benefits of Chartway’s Equity Savings Account, including easy access and liquidity. You will earn dividends, which Chartway compounds and credits monthly. Your money — up to $250,000 — is insured by the National Credit Union Administration.
Unlike Chartway’s stock savings account, you’ll need to maintain a higher minimum balance to earn dividends; the more you save, the higher your dividend rate will be. Chartway also provides a free rate alert tool to guide you in your decision making.
Chartway cares about helping you thrive financially with personalized service and solutions tailored to your specific situation. That’s why the credit union offers a wide range of savings products, including money market accounts and money market plus accounts. These accounts are extremely useful for building up your emergency fund or meeting short-term savings goals. You can rest easy knowing your money is growing through progressive and compounding dividend rates.
“If you are saving for a specific purpose – for example, an RV, a boat, a new vehicle Where home, planning for retirement, or just want to grow your money at a faster rate, Chartway’s higher rates can help,” said Matt Yardley, Chartway’s retail manager in the St. George area. “Our money market plus rates are up to 20 times higher than our regular stock savings account! »
Money market accounts are safe, secure and predictable – and sometimes just what you need to diversify your savings strategy and have peace of mind in times like these. Now might be a great time to stop by a branch or contact Video Banking at Chartway.com to learn more. Our team would be honored to help you find the best savings option for you.
With five locations serving Washington and Iron Counties, Chartway offers a range of financial options including auto loans, personal loans, credit cards and checking accounts with cash back incentives. They also offer conventional fixed rate mortgages as well as loans backed by the Federal Housing Administration, Department of Veterans Affairs, and Department of Agriculture.
Founded in 1957, Chartway is a nonprofit credit union with more than 192,000 members in Utah, Texas and Virginia. Their charitable arm, the Chartway Promise Foundation, is one of the largest donors to the Make-A-Wish Foundation in the state. Chartway entered the Southern Utah market in 2009.
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- Chartway Credit Union | Phone: 800-678-8765 | Website.
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