Grow Your Savings Without Locking Them Away
Your hard work deserves a reward that grows right along with you. At Ellafi, we believe your money should be as flexible and resilient as you are. That is why our Money Market account is designed to offer the best of both worlds: higher earnings and total access.
What is a Money Market account?
Think of a Money Market account as a savings account with a boost. It allows you to earn higher interest rates than a standard savings account, but unlike a Share Certificate, it does not lock your money away for a set amount of time.
How a Money market works for you
- Earn More as You Save: We offer some of the most competitive rates in Connecticut. The more you set aside, the more interest you earn.
- Access Whenever You Need It: Life happens. Whether you are planning for a big goal or need cash for an unexpected emergency, your funds stay liquid. You can make deposits and withdrawals whenever you need to.
- The Best of Both Worlds: You get the higher dividends usually found in long-term investments without the stress of having your money out of reach.
It is a simple, smart way to build your "just in case" fund while making sure every dollar is working just as hard as you do.
Current Amplifi Money Market Account ($1,000 minimum opening deposit)
| Average Daily Balance | Dividend Rate | APY* |
|---|---|---|
| $1,000 - $9,999.99 | 0.40% | 0.40% |
| $10,000 - $49,999.99 | 0.50% | 0.50% |
| $50,000 - $149,999.99 | 0.75% | 0.75% |
| $150,000 - $249,999.99 | 1.00% | 1.00% |
| $250,000 and up | 2.00% | 2.00% |
Ready to Open Your Money Market Account?
By Phone
A team member would be happy to help you reach your savings goals. Give us a call at (860) 346-6614 to get started today!
In Person
Our branch teams are ready to give you in-person attention to help answer any questions and open your account. Stop by any location today!
or make an appointment with our team in the branch
Do you have questions about a money market or your account?
If you schedule an appointment online, you can choose the time and date that works best for your schedule to come into a branch. You can avoid waiting in the lobby when you need help.
*Rates effective May 1, 2026. APY = Annual Percentage Yield. Dividends are compounded and credited monthly using average daily balance method. All rates are determined by Ellafi Federal Credit Union and are subject to change at any time.