BOULDER, Colo. — Elevations Credit Union has introduced a new money market account that offers five balance tiers that automatically pay increasing dividend rates.

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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.

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"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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