Money Market Savings

For those with more than $1,000.00 to invest where liquidity of assets is a concern, a money market savings account is a good option. 

Account Description Minimum Balance to Earn Stated APY* APY*
Money Market $1000.00 - $24,999.00
Money Market $25,000.00 + $49,999.00
Money Market $50,000.00 +
IRA Money Market Fund** $25,000.00+

How to Open an Account

Note: Online account opening is limited to New Members, 18 years of age and older; NJ residents only.

Note: The ownership of new accounts opened will match the ownership of the Primary Membership Account.

You can also open an account from within our mobile banking application or in person at any branch office. View our detailed step by step guide to becoming a member.

Note: ABCO reserves the right to deny an application based on information provided by Chex Systems or by any other accredited source.

Start your Membership Application Online

Note: Online account opening is limited to New Members, 18 years of age and older; NJ residents only.

You can also become a member in person at any branch office or through the mail. View our detailed step by step guide to becoming a member, or download the member application.

*APY=Annual Percentage Yield. The minimum balance to earn dividends on a Money Market account is $1,000.00. Dividends are tiered by balance. Dividends will be compounded and credited to your account monthly. A fee will be assessed when your balance falls below the minimum requirement. Fees may reduce earnings on the account. The dividend rate and annual percentage yield may change at any time. Federal regulations limit the number of certain types of transfers and/or withdrawals you can make from your Money Market Savings account to six per calendar month. Excessive transactions that are limited by the regulation could result in fees or account closure.

**Money Market IRA Plus accounts will be subject to the terms and conditions of the IRA selected. Please contact us for details.