“L’Argent” means money or silver in French. We use this designation to identify our money market account. This account is meant for those members who want the absolute safety of NCUA deposit insurance (up to $250,000) but want a bit more return.
This account is a great “in between” account in that the yield is higher than regular savings, but you don’t have to give up easy access to your funds. Our L’ Argent account requires that you start with at least $500. You can make 2 withdrawals per month from the account without any fee. Additional withdrawals beyond that are allowed, but there is a $10 fee.