Great Lakes Money Market: Earn 2.50% APY with Flexibility and No Fees
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Great Lakes Money Market: Earn 2.50% APY with Flexibility and No Fees
Offered through Raisin, the Great Lakes Credit Union Money Market Deposit Account gives you a high-yield 2.50% APY with the flexibility of a savings account—no hidden fees, no complex requirements.
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Great Lakes Money Market: Earn...
What is the Great Lakes Money Market Account?
This is a federally insured, interest-bearing money market account provided by Great Lakes Credit Union and accessed through Raisin.
With a strong 2.50% APY and no monthly fees, it’s designed for savers who want easy access to funds without sacrificing a competitive return.
Unlike traditional savings accounts, money markets typically offer higher rates while still providing flexibility.
Great Lakes CU Money Market Overview
| Offer | Best For | Minimum | APY | Fees | Action |
|---|---|---|---|---|---|
| Money Market | Flexible, high-interest savings with liquidity | $1 | 2.50% | $0 | Visit Raisin |
How It Works
Open with just $1 and manage everything through Raisin’s secure online platform.
- Sign Up via Raisin: Create a free account and select Great Lakes Credit Union’s money market offering.
- Fund with $1 or More: Get started with just a single dollar.
- Earn Daily Interest: Your balance earns 2.50% APY, compounded daily and paid monthly.
- Access Funds as Needed: Enjoy up to 6 penalty-free withdrawals per month.
- Manage Online: Monitor your account through Raisin’s dashboard.
Key Features & Benefits
| Feature | Benefit |
|---|---|
| High APY | Earn a top-tier rate on your liquid savings. |
| Flexible Withdrawals | Access your money up to 6 times per month with no penalties. |
| $1 Minimum | Low barrier to entry—no large initial deposit required. |
| NCUA Insured | Your money is protected up to $250,000. |
| No Maintenance Fees | 100% of your earnings stay in your account. |
| Managed via Raisin | Open and manage all your savings products in one dashboard. |
| Open a Great Lakes MMDA at Raisin | |
Who Is It Best For?
- People looking for higher interest than a traditional savings account
- Emergency fund savers who want quick access to cash
- Those seeking flexible, fee-free savings solutions
Pricing & Fees
- Minimum Opening Deposit: $1
- Monthly Fees: $0
- Withdrawal Limit: Up to 6 withdrawals per month (standard for savings/MMAs)
Trust & Security
- Offered by Great Lakes Credit Union, established in 1938
- NCUA insured up to $250,000 per depositor
- Managed securely through Raisin’s encrypted online platform
Great Lakes CU Money Market FAQs
Is this money market account different from a checking or savings account?
Yes. A money market account combines the higher APY of savings with limited withdrawal flexibility—up to 6 times per month. It typically earns more than a regular savings account.
Do I need to be a Great Lakes member?
No. Raisin handles the membership requirements so you can open this account without joining directly.
Is my money safe?
Yes. Your funds are insured by the NCUA up to $250,000.
How do I access my money?
You can initiate withdrawals and monitor your balance directly from your Raisin dashboard.
Earn 2.50% APY with Full Flexibility and No Fees
Open a Great Lakes Money Market Account via Raisin and enjoy high-yield interest with convenient access to your funds—all with no fees.
| Account Types | Individual |
|---|---|
| Minimum Deposit | $1–$99 |
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