BOULDER, Colo. — Elevations Credit Union has introduced a new money market account that offers five balance tiers that automatically pay increasing dividend rates.
The FlexTier Money Market Account has flexible rate adjustments that automatically adjust to the best possible dividend rate for each deposit level, according to the $730 million Elevations. The account also has "fee-free" checking capabilities and requires a $2,000 minimum deposit.
"Think of it as a 'self-managed' money market account," said Mary Ann Kammerer, vice president of operations, adding it "removes the hassle of tracking and managing your balances to maximize your dividend."
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