Smart savings is the first rule of finance. So, why settle for a big bank/small returns money market account? Instead, put your money in a Utah First money market account and watch it grow head and shoulders above the competition. A money market account from Utah First is as easy and accessible as a savings account, and you earn better returns without any of the risk that comes with investing. It’s the sweet spot of savings!
With a Utah First money market account, you get:
Earn higher interest without sacrificing access to your money with one of the best money market accounts in Utah.
| Type | Minimum Balance | APY* |
|---|---|---|
| Money Market | $0 | 0.50% |
| Money Market | $2,000 | 1.35% |
| Money Market | $25,000 | 2.20% |
| Money Market | $100,000 | 2.95% |
| Money Market | $250,000 | 3.85% |
| Money Market | $1,000,000 | 4.20% |
At Utah First, helping you save smarter is what we do best. You’ve worked hard for your money, so we make it easier to maximize returns on the cash you invest without the big bank limitations.
With a Utah First Money Market, you can have peace of mind knowing your savings are growing at competitive rates, convenient to access, and federally insured. Focus on what matters most while your Money Market builds your future
Don’t settle for small returns or let your savings sit stagnant. With Utah First, you’ll enjoy competitive interest rates that make your money work harder for you.
Rest easy knowing your funds are safe and secure. Utah First Money Market accounts are federally insured for your added protection and peace of mind.
Whether you’re an experienced saver or just starting out, we don’t give you minimum balance requirements to stress over. Your Utah First Money Market is always accessible, no matter your account balance.
Need to access your funds? No problem! With unlimited deposits and withdrawals, your money is always within reach. Whether you’re saving for a rainy day or a dream vacation, Utah First makes it easy to achieve your financial goals.
Why settle for less when you can earn higher interest without losing access to your money? With one of Utah’s best money market accounts, you can enjoy the best of both worlds.
Don’t wait any longer to maximize your savings potential. Open your Utah First Money Market account today and start watching your money grow. It’s the smart choice for savvy savers like you. Let’s grow together!
Our Members Also Ask:
A money market account (MMA) offers higher interest rates than a traditional savings account, so your money grows faster over time. Plus, MMAs typically come with debit card access and check-writing privileges for added flexibility.
At Utah First, our Money Market accounts combine higher returns and easy access to your funds, which makes them a smart choice for anyone who wants to earn more while maintaining liquidity.
Unlike certificates of deposit (CDs), MMAs don’t have early withdrawal penalties. At Utah First, we make it easy for you to get your savings when you need them while still helping you earn more.
As a heads up, though, federal regulations cap withdrawals and transfers at six per month. If you go over, you might face fees or find your account turned into a regular savings.
Money market accounts are a safe, low-risk way to save. Unlike stocks or mutual funds, MMAs are typically insured by the NCUA (National Credit Union Administration) for up to $250,000 per depositor, so your cash is protected.
Just keep in mind that interest rates can go up and down with the market, so your earnings might change over time. At Utah First, we offer competitive rates and insured security to give you peace of mind while your money grows!
Your principal balance is still tax-free, but MMA interest earned is taxable income. If you make $10 or more in interest in a year, you’ll get a 1099-INT form from us for tax reporting. Need advice? A tax pro can help you understand how your MMA interest impacts your tax obligations.