Skip nav to main content.
Performance MONEY MARKET

Get a great savings rate when you bank with RCU

Kick back and enjoy high-yield savings to complement your other RCU accounts.

Overview

No matter what you’re saving for, Performance Money Market offers highly competitive rates and easy qualifying to help you reach your savings goals.

Performance Money Market

as high as % APY

Don’t let your money sit idle

Open a Performance Money Market account and earn up to 5x more than the national average on traditional savings accounts.

Here’s how to qualify for Performance Money Market rates

Checkmark icon

Have a minimum balance of $100 to earn dividends

Checkmark icon

Have an active checking account with a three or more transactions per month

Checkmark icon

Have one of the following: a monthly digital deposit2 of $500+, an active RCU credit card, loan, $5,000+ investment with our CFS team3, or home, auto, or business insurance with RCUIS4

Performance Money Market benefits

IRA options available

Ask for a Traditional or Roth IRA account structure for tax benefits.

Full liquidity

Withdraw and deposit funds as often as you wish without penalties.

Tiered rates

Earn more as you save more. Start with $100 and watch your dividend rate increase with each tier you reach.

No fees

There are no transaction, monthly, or minimum balance fees with this account.

And more...

Good to know

90-day grace period

You can open a Performance Money Market account with just an active checking account, then add your other requirements over the next 90 days to start earning Performance rates.

$100 initial deposit to open and earn

You’ll need $100 to open a Performance Money Market account and must have a minimum balance of $100 to earn dividends.

Calculate your savings

Final Balance

Contributions:     |    Earnings: 
Initial Deposit
$
Rate
%
$
Months

Your hard-earned money is safe

  • America's Best Credit Unions icon

    Named one of America’s Best Credit Unions by Newsweek.

  • 5 star superior rating

    Received Bauer Financial's 5-star Superior rating for strength based on financial data as of June 30, 2023.

  • Best in State icon

    Rated Best in State Credit Union by Forbes Magazine 3 years in a row.

Have a question?

At RCU, we're known for our reliable service, and we'll answer your questions and calls quickly.

Make saving and earning easy

Get a great savings rate when you bank with RCU.

  • 1Performance Money Market Yields as of July 21, 2024. All rates, yields, terms, and special offers are subject to change without notice. Certain restrictions may apply. APY=Annual Percentage Yield. APY is a variable rate. Fees may reduce earnings. You must have an active checking account at RCU and a minimum balance of $100 to open and earn dividends with a Performance Money Market account. To be considered active, your checking account must have a minimum of 3 transactions per month (excluding transactions performed through the 24-Hour Telephone Teller, and dividend posting) and one of the following: (1) a minimum monthly digital deposit of $500 or more into account2; (2) an active credit card at RCU. To be considered active, credit card must be in good standing and have a minimum monthly activity of 10 transactions or $500 or more in advances; (3) an open loan at RCU in good standing, (4) an investment account through RCU and our partners CUSO Financial Services, L.P. with a minimum balance of $5,000 or more,3 or (5) an active property and casualty insurance policy through RCU Insurance Services.4

    2Digital deposit is defined as a deposit made via ACH, mobile deposit, ATM, or wire.

    3Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. The credit union has contracted with CFS to make non-deposit investment products and services available to credit union Members. SEC Marketing Disclosure.

    4Insurance products are not deposits of Redwood Credit Union and are not protected by the NCUA. They are not an obligation of or guaranteed by Redwood Credit Union and may be subject to risk. Any insurance required as a condition of an extension of credit by Redwood Credit Union need not be purchased from Redwood Credit Union and may be purchased from an agent or an insurance company of the member’s choice. RCU Insurance Services is a wholly owned subsidiary of Redwood Credit Union. Business conducted with RCU Insurance Services is separate and distinct from any business conducted.

    5Early Pay may provide access to eligible direct deposits up to two days before the pay day established by the income provider. Direct deposit must be established by the Member and approved by Member’s income provider. Eligible deposits include payroll, government or state benefits and pensions, and military pay. Person to person payments, international payments, business corporate credits, or other payment types are not eligible. Service is provided solely as a Member benefit and is not guaranteed. Certain restrictions may apply.