Money Market Account

An International Harvester Employee Credit Union Money Market Account requires a minimum initial deposit of $1,000. It offers a higher interest rate than a regular savings account, but gives you the flexibility you need. Unlike a Share Certificate, you are not locked into a certain time frame. There is no penalty for withdrawals, however you have to withdraw at least $200 at a time.

An IHECU Money Market Account is a great investment to make. It is not related to stocks and bonds. It is federally insured by the National Credit Union Administration, which makes an IHECU Money Market Account a good alternative to the stock market.