BAMM! Money Market Account
What is our BAMM! account? It’s a Big Awesome Money Market Account.
Great standard rates up to 2.02% APY. Add a qualifying ELGA Checking account or ELGA VISA credit card and… BAMM! your rate skyrockets to as high as 3.56% APY!
| BAMM! Qualifier | APY | Dividend Rate |
|---|---|---|
| $25,000.00 – $99,999.99 | 3.05% | 3.00% |
| $100,000.00 – $249,999.99 | 3.30% | 3.25% |
| $250,000.00 or Greater | 3.56% | 3.50% |
| BAMM! Standard | APY | Dividend Rate |
|---|---|---|
| $25,000.00 – $99,999.99 | 1.71% | 1.70% |
| $100,000.00 – $249,999.99 | 1.87% | 1.85% |
| $250,000.00 or Greater | 2.02% | 2.00% |
Qualifiers:
- A checking account with an average daily balance of $5,000, or
- An ELGA VISA Credit Card with monthly spend of $2,500
Not a member yet? You can open an account online or at one of our convenient locations.
The minimum balance required to open this account is $25,000. To earn the Qualifying Rate, you must have a checking account with an average daily balance of $5,000 monthly OR an ELGA VISA Credit Card with monthly purchases totaling $2,500 or more in the calendar month. The checking account or ELGA VISA Credit Card must be held under the same account number as the BAMM! Account. If neither of these is attained in a calendar month, the rate will default to the Standard Rate. Each month starts a new qualification cycle, so failure to qualify for one month does not eliminate your chance to qualify the next month. Business accounts are excluded from this offer. Balance transfers and cash advances on the ELGA VISA Credit Card do not count toward the qualifying monthly purchase totals. Credit vouchers for returns will reduce your purchase total for the month.
APY = Annual Percentage Yield. Rates are variable and may change after the account is opened. Federally insured by the NCUA. See an ELGA representative or visit Our Rates & Service Charges for full details.
Interested in a BAMM! Money Market Account?
Let’s get started! Just call 810-715-3542 or fill out the form below and we’ll get right back to you.
