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Achieve high-yield savings

Enjoy our best rates as a benefit of having your full banking relationship with RCU.


Being a Member of Redwood Credit Union has great benefits—and the Premier money market is one of the best. When you have other active accounts with RCU, you earn incomparable money market rates, too.

These rates are so good, even WalletHub included RCU’s Premier money market on their list of 2024 Best Credit Union Money Market Rates.

wallethub best award badge: best money market accounts

Premier Money Market

as high as % APY

Here’s how to qualify for Premier money market rates

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Have a minimum balance of $2,500.

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Have an active checking account and $500+ direct deposit per month.

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Have an RCU active credit card with 10+ transactions or $500 spend per month.

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Have one of the following: an active RCU loan, a CFS investments account,2 or an RCUIS insurance policy.3

Premier money market benefits

Full liquidity

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

Easy online banking

Access your account, make deposits and conduct transfers with 24/7 online and mobile banking.

Tiered rates

Rates go up with higher balances. The more you save, the more you’ll earn.

No fees

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

Compounding dividends

Watch your savings add up with compounding dividends that are paid out each month.

Federally insured

All RCU accounts are federally insured by the National Credit Union Association for up to $250,000 per account.

Good to know

90-day grace period

You can open a Premier money market account with just an active checking account then add your other required accounts over the next 90 days to start earning top rates.

Minimum balance to open is $2,500

You must deposit $2,500 or more to open a Premier money market account. Dividends earned on balances of $2,500 and more.

Calculate your savings

Final Balance

Contributions:     |    Earnings: 
Initial Deposit

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.

Your relationship means the world to us

Enjoy the benefits and start earning our very best money market rates.

  • 1Premier Money Market Yields as of May 24, 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. Minimum balance of $2,500 to earn dividends and (1) an active checking account at RCU. To be considered active, checking account must have a minimum of 3 transactions per month (excluding transactions performed through the Telephone Teller, and dividend posting); (2) a minimum monthly ACH deposit of $500.00 or more into account; (3) 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; and (4) an open loan at RCU in good standing, an investment account through RCU and our partners CUSO Financial Services, L.P. with at minimum balance of $5,000 or more,2 or an active property and casualty insurance policy through RCU Insurance Services.3

    2Non-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.

    3Insurance 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.