Money Market Rates

.50% APY* on balances over $100,000

.35% APY* on balances $5,000 - $100,000

.05% APY* on balances under $5,000


A money market account is a great option for longer term savings, earning a competitive rate on idle funds with FDIC-insured security while still allowing up to six withdrawals a month. 

Minimum Requirements:

  • Opening deposit $5,000

 Product Features & Benefits:

  • Free ATM use anywhere in the U.S. 
  • Monthly Statements
  • 3 Levels of Interest
    • <$5,000
    • $5,000 - <$100,000
    • $100,000 or more
  • Financial Federal custom wallet checks (40)
  • Online Banking***
  • Financial Federal Visa® debit card 
  • Mobile Banking**
  • Mobile Deposit Capture***

Transaction Limitations/Fees:

With the exception of loan payments to us, you may not make more than six (6) preauthorized, automatic, or telephone transfers (including telephone banking and bill pay, internet banking and bill pay, and PC/Mobile payments and transfers) each month. Of these six (6) allowable transfers, no more than three (3) may be made by check, draft, debit card, check card or similar order made by you and payable to a third party (provided such transactions are allowed by us for your particular type of account). We may convert a money market account to a checking account if you exceed six preauthorized or automatic transactions per month.

  • Non-sufficient Funds (NSF): $35 
  • Overdraft Fee: $25
  • Stop Payment: $35
  • Wire Transfer: $15

For more information about current rates or to open an account, please contact one of our bankers via email or by calling (901) 756-2848

Breann Forbes

Jennifer Petitte

Carolyn Sobral


Rate and offer subject to change without notice and after account opening. Interest earned on the entire daily balance.  Fees could reduce earnings on account. Not available to institutional investors.  Account openings are subject to Bank approval and may be declined on certain factors.  Federal law requires that we convert a money market account to a checking account if you exceed 6 pre-authorized or automatic debits or withdrawals per month, including transactions by check or similar order payable to a third party. | Rates effective July 1, 2021. *Annual Percentage Yield

 ** Network provider fees may apply 

***Subject to entering into a separate agreement for these services.