Money Market Accounts | First Alliance Credit Union

Looking for the best money market rates in Minnesota? Look no further! First Alliance Credit Union offers money market accounts with competitive interest rates that allow you to earn higher returns on your savings. With our money market accounts, you can securely deposit a larger sum of money and enjoy competitive interest rates, tailored to your personal savings goals, through our two investment levels - Personal and Alliance Advantage. Even if you own a business, you can still benefit from the advantages of our money market account. Don't wait to start maximizing your earnings!

Money Market Account Rates

Our Best Personal Money Market Rates

Money Market Account Tier	Balance for APY	Dividend Rate	APY*
Tier 1	$2,000.00 - $19,999.99	1.140%	1.150%
Tier 2	$20,000.00 - $49,999.99	1.440%	1.450%
Tier 3	$50,000.00 - $99,999.99	1.590%	1.600%
Tier 4	$100,000.00 - $249,999.99	1.790%	1.800%
Tier 5	$250,000 & Over	2.380%	2.400%
Alliance Advantage	$100,000 & Over	1.140%	1.150%

Effective November 12, 2025
*APY=Annual Percentage Yield. All rates are subject to change without notice. Refer to your Truth-In-Savings disclosure for complete account details. Fees assessed to the account may reduce earnings.

Our Best Business Money Market Rates

Business Money Market Account Tier	Balance for APY	APY*
Tier 1	$2,000.00 - $19,999.99	1.800%
Tier 2	$20,000.00 - $49,999.99	2.100%
Tier 3	$50,000.00 - $99,999.99	2.400%
Tier 4	$100,000.00 - $249,999.99	2.700%
Tier 5	$250,000 & Over	3.000%

Effective November 12, 2025
*APY = Annual Percentage Yield. All rates are subject to change at any time without notice. Fees may reduce the earnings on these accounts. Dividends are compounded monthly. Rules governing these accounts are available upon request.

Personal Money Market Accounts
Personal Money Market Accounts require a minimum opening deposit of $2,000.
- Start earning dividends on the entire balance right away
- The more you save the more you earn in return with our tiered interest rates
- Unlimited deposits each month
- Monthly fee only assessed if your balance falls below the $2,000 minimum balance
- Manage and transfer your money through Online and Mobile Banking
- Funds are federally insured up to $250,000 by NCUA
For deposits exceeding the $250,000 NCUA coverage thresholds, you can opt-in for Excess Share Protection from American Share Insurance (ASI), with additional protection up to $5 million in deposits to ensure all your funds are safe. See a Member Advisor for complete details.
Alliance Advantage Money Market Accounts
The Alliance Advantage Money Market account is different than our traditional money market accounts in two key ways, first it requires a minimum balance of $100,000 and you'll have access to your funds with your debit card. This high balance money market account also offers these additional benefits:
- Start earning dividends on the entire balance immediately
- Unlimited deposits each month with direct deposit available
- Up to 6 free withdrawals per month
- Monthly fee is only assessed if your balance falls below the $100,000 minimum balance
- Manage and transfer your money through Online and Mobile Banking
- Access your money with your debit card or a check
- Variable rate savings; rates are subject to change monthly
For deposits exceeding the $250,000 NCUA coverage thresholds, you can opt-in for Excess Share Protection from American Share Insurance, with additional protection up to $5 million in deposits to ensure all your funds are safe. See a Member Advisor for complete details.
Money Market FAQs
Are you considering if a money market account is right for your savings goals? Explore these free articles to help you learn more about money market accounts so you can make an informed decision about managing your money!