District Of Columbia Money Market Rates - October 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
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District Of Columbia money market account rates range from 0.25% to 3.75% APY, verified by MonitorBankRates as of October 13, 2026. Current District Of Columbia money market deposit account rates include Transit Employees Federal Credit UnionTransit Employees Federal Credit Union2440 Market St NE Ste 901, Washington, DC 20018A+5.0 ★Texas Ratio: 2.52%Real return: +0.95%APY minus 2.8% CPI (February 2026) Paramount Money Market at 3.75% APY, Presidential BankPresidential Bank1660 K St Nw, Washington, DC 20006A-4.9 ★Texas Ratio: 16.48%Real return: +0.70%APY minus 2.8% CPI (February 2026) Commercial Money Market Advantage Checking at 3.50% APY, Citizens BankCitizens Bank1401 I St Nw, Washington, DC 20005A+5.0 ★Texas Ratio: 5.44%Real return: +0.70%APY minus 2.8% CPI (February 2026) Citizens Private Client Money Market at 3.50% APY, U S POSTAL SERVICEU S POSTAL SERVICE457 Lenfant Plz SW, Washington, DC 20024 2111A+5.0 ★Texas Ratio: 4.33%Real return: +0.50%APY minus 2.8% CPI (February 2026) Money Market Savings at 3.30% APY, and EagleBankEagleBank700 K St Nw Ste 60, Washington, DC 20001A5.0 ★Texas Ratio: 11.84%Real return: -0.32%APY minus 2.8% CPI (February 2026) Eagle Money Market Account at 2.48% APY. Money market rates as of October 13, 2026 according to verified data from MonitorBankRates.
Use the tables below to compare money market rates across District Of Columbia side-by-side. District Of Columbia money market rates currently reach as high as 3.75% APY from Transit Employees Federal Credit Union at 2440 Market St NE Ste 901, Washington, DC 20018. Rates are continually updated, so we recommend checking back frequently.
Rates reflect recent market quotes and representative offers available to depositors in District Of Columbia and surrounding area. Last Updated and Verified: October 13, 2026
Compare the Best Money Market Rates Today in District Of Columbia
Balance: $200,000.00+
On Balances Between $25,000 and $500,000; Earn 1.50% APY* on Higher Balances; Earn 0.10% APY* on Average Daily Balances under $25,000
- Oct 7, 20263.50%▲ from 1.50%
- Sep 27, 20261.50%first recorded
On Balances Between $25,000 and $250,000. Earn 1.50% APY* on Higher Balances Earn 0.10% APY* on Average Daily Balances under $25,000.
Preferred rates; New money is required to qualify for preferred rates.
Preferred rates; New money required to qualify for preferred rates.
Balance: $100,000.00 to $199,999.99
Balance: $500,000.00 and up; Visit or Call
Balance: $250,000.00 - $499,999.99; Visit or Call
IRA Money Market Accounts - Traditional, Roth, Education; for balances greater than $50,000
Balance: $0.00 - $24,999.99
Balance: $0.00 - $249,999.99; Visit or Call
IRA Money Market Accounts - Traditional, Roth, Education; for balances from $20,000 to $49,999
Balance: $1,000,000 and over
Balance: $10,000.00
Balance: greater than $50,000
IRA Money Market Accounts - Traditional, Roth, Education; for balances from $100 - $19,999
Balance: $20,000 - $49,999
Balance: $250,000 & Up; Premier account will not earn dividends if the balance falls below $25,000
Balance: $2,500.00
Balance: Tier 1: $0 - $249,999; Tier 2: $250,000 & Above; APY: 2.25%; Rate: 2.23%
Balance: $1,000,000+
Balance: greater than $50,000
Balance: greater than $50,000
Balance: $500,000 - $999,999
Balance: $20,000 to $49,999
Balance: $20,000 to $49,999
Balance: $100 to $19,999
Balance: $2,500 to $19,999
Balance: $100,000 - $249,999; Premier account will not earn dividends if the balance falls below $25,000
Balance: $250,000 - $499,999
Balance: $100,000.01 & Over; FedPerks Members earn an .10% bonus when they are part of the program.
- Oct 12, 20261.75%▲ from 1.65%
- Oct 4, 20261.65%▲ from 1.15%
- Sep 20, 20261.15%first recorded
Balance: Over $100,000 to $250,000; A $10 monthly maintenance fee will be charged for Money Market Accounts with a daily balance below $1,000.
Balance: $25,000.00 to $99,999.99
Balance: $500,001-1,000,000
Balance: $100,000 - $249,999
Balance: $250,000 & Over
Balance: $100,000.01 & Over; FedPerks Members earn an .10% bonus when they are part of the program.
- Oct 4, 20261.65%▲ from 1.15%
- Sep 20, 20261.15%first recorded
Balance: $100,000 - $149,999
Balance: $75,000+
Balance: $50,000 and over
Balance: $50,000 - $99,999.99; Premier account will not earn dividends if the balance falls below $25,000
Balance: $25,000 & above
Balance: $500,000.01 +
- Oct 2, 20261.50%▲ from 1.40%
- Sep 27, 20261.40%first recorded
Balance: $50,000.01 to $100,000.00; FedPerks Members earn an .10% bonus when they are part of the program.
- Oct 12, 20261.50%▲ from 1.40%
- Oct 4, 20261.40%▲ from 0.90%
- Sep 20, 20260.90%first recorded
Balance: Over $25,000 to $50,000; A $10 monthly maintenance fee will be charged for Money Market Accounts with a daily balance below $1,000.
Balance: $250,001-$500,000
Balance: $50,000 - $74,999
Balance: $250,000.00 and over; Average Daily Balance
Balance: Tier 6
Balance: $50,000.01 to $100,000.00; FedPerks Members earn an .10% bonus when they are part of the program.
- Oct 4, 20261.40%▲ from 0.90%
- Sep 20, 20260.90%first recorded
Balance: $250,000+
Balance: $250,000+
Balance: Tier 5
Balance: $20,000 - $74,999.99
Balance: $250,000.01 - $500,000.00
- Oct 2, 20261.30%▲ from 1.20%
- Sep 27, 20261.20%first recorded
Balance: Tier 4
Balance: $25,000 - $49,999.99; Premier account will not earn dividends if the balance falls below $25,000
Balance: Tier 1: $0 - $249,999; Tier 2: $250,000 & Above; APY: 1.50%; Rate: 1.49%
Balance: Tier 1: $0 - $249,999; Tier 2: $250,000 & Above; APY: 1.50%; Rate: 1.49%
Balance: $100,001-$250,000
Balance: $250,000+
Balance: $100,000 - $249,999.99
Balance: $25,000 - $49,999.99
Balance: $25,000.01 - $100,000.00
- Oct 2, 20260.30%▲ from 0.20%
- Sep 27, 20260.20%first recorded
Balance: $25,000 - $99,999.99
Balance: $2,500 - $24,999.99
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution’s data, please contact us here.
District Of Columbia Money Market Rate Trends
Compare local District Of Columbia money market quotes against the statewide average
Daily money market rate averages tracked across our database of 8,500+ banks and credit unions, updated every evening.
District Of Columbia high-yield MMA rates rose 0.004 points over the past 7 days to 3.078% APY.
District Of Columbia standard MMA rates fell 0.056 points over the past 7 days to 0.711% APY.
District Of Columbia Money Market Rate Forecast, Next 12 Months
Money market rates move with Federal Reserve policy. Our model uses the current DC high-yield MMA average and a Fed funds spread to project the likely rate trajectory for 2026 to 2027.
Money market account rates are variable and move in close correlation with the Federal Reserve’s federal funds rate target. Our 12-month forecast is derived from the current DC high-yield money market average of 3.078% APY and a Fed funds spread model calibrated to the historical relationship between policy rate changes and deposit rate adjustments at banks and credit unions.
Key assumptions: the Federal Reserve holds the federal funds rate at its current level over the next 12 months, with the possibility of one 25 basis point increase; deposit rates at banks and credit unions track policy-rate changes within 60 to 90 days. High-yield money market rates tend to adjust faster than standard branch-based accounts.
Important notice: This forecast is for informational purposes only and should not be used as the sole basis for financial decisions. Rate forecasts carry significant uncertainty. The actual trajectory will depend on Federal Reserve decisions, economic conditions, and competitive dynamics among financial institutions in District Of Columbia.
Money Market Account Earnings in District Of Columbia
Annual interest earnings at current DC average APYs, based on the high-yield and standard money market averages tracked in our database. Balances reflect the higher minimums typical of money market accounts. Compounding assumed monthly.
| Balance | HY Money Market (3.078% APY) | Monthly Earnings | Standard MMA (0.711% APY) | Monthly Earnings |
|---|---|---|---|---|
| $10,000 | $307.83 / year | $25.65 | $71.07 / year | $5.92 |
| $25,000 | $769.58 / year | $64.13 | $177.67 / year | $14.81 |
| $50,000 | $1,539.15 / year | $128.26 | $355.35 / year | $29.61 |
| $100,000 | $3,078.30 / year | $256.53 | $710.70 / year | $59.23 |
| Earnings estimates use daily compounding. Actual earnings depend on exact rate, compounding frequency, rate tier, and daily balance maintained. Rates are variable and subject to change. Source: District Of Columbia money market rate averages as of October 13, 2026. | ||||
About Our District Of Columbia Money Market Rate Database
MonitorBankRates tracks 30 money market rates from 7 banks and 23 credit unions offering money market deposit accounts to District Of Columbia residents, including community institutions, regional banks, and national online options. Our proprietary aggregation system pulls verified rate data directly from each institution’s official website, no estimates, no national averages passed off as real offers.
Every rate listed includes the institution’s Safety Grade (A+ to F), Star Rating (1 to 5), and Texas Ratio, objective financial health metrics calculated from FDIC and NCUA regulatory data, so you can compare yield and institutional safety in one place.
Current top rate: Transit Employees Federal Credit Union offers a money market account at 3.75% APY. Use the rate table above to compare all current offers in District Of Columbia.
How to Find the Best Money Market Rates in District Of Columbia
What to compare when shopping for a money market account in District Of Columbia
To find the best money market APYs in District Of Columbia, start with credit unions and online-only banks: District Of Columbia has 23 credit unions in our database, and they consistently offer some of the highest yields because they are member-owned nonprofits with lower overhead than traditional banks.
Always compare the APY (Annual Percentage Yield), not just the interest rate, and pay close attention to balance tiers. Many money market accounts only pay their advertised top rate above a minimum balance of $1,000 to $25,000, with lower rates (or monthly fees) below that threshold. The current DC high-yield money market average is 3.078% but top local institutions are offering as high as 3.75%, so shopping around pays off.
Unlike a CD, money market rates are variable. Your rate can change at any time with Federal Reserve policy. Also check check-writing and debit card limits: most MMAs allow a set number of withdrawals per month, and exceeding the limit can trigger fees. Review your account periodically to ensure your APY remains competitive.
When a Money Market Account Makes Sense
- Emergency fund with flexibility: You get savings-level yields plus limited check-writing and debit access. District Of Columbia high-yield money market rates currently average 3.078% APY, far above a typical checking account.
- Larger balances ($10,000+): Many MMAs pay tiered rates that rise with your balance, so bigger deposits often earn more than they would in a standard savings account.
- Parking cash between investments: A high-yield money market account at District Of Columbia institutions keeps idle cash working harder while remaining fully accessible.
- You prefer banking locally: 30 institutions in District Of Columbia report money market rates to our database.
- No rate lock-in risk: Unlike a CD, your rate moves up with the market if rates rise further.
Consider an Alternative If…
- You want a locked-in, guaranteed return District Of Columbia CD rates
- You don’t need check writing and want a lower minimum District Of Columbia savings rates
- You need daily transaction access District Of Columbia checking rates
District Of Columbia Financial Snapshot
Local demographics and economic context for savers . Source: U.S. Census Bureau
12.8% of residents are 65 or older, below the national average of 17.3%. At today’s DC high-yield money market average of 3.078%, saving 10% of the local median salary ($8,207/year) would earn an additional $253 annually in interest.
Data: U.S. Census Bureau and U.S. Bureau of Labor Statistics.
Money Market Accounts vs. Other District Of Columbia Options
How money market deposit accounts compare to other deposit products available at banks and credit unions in District Of Columbia.
| Feature | Money Market | High-Yield Savings | Standard Savings | CD (12-Month) |
|---|---|---|---|---|
| Current DC Avg APY | 3.078% | View Savings Rates | 0.711%(Standard MMA) | View CD Rates |
| Rate Type | Variable | Variable | Variable | Fixed for term |
| FDIC / NCUA Insured | ✓ Up to $250K | ✓ Up to $250K | ✓ Up to $250K | ✓ Up to $250K |
| Withdraw Anytime | ✓ Yes | ✓ Yes | ✓ Yes | ✗ Penalty applies |
| Check Writing | ✓ Often yes | ✗ No | ✗ No | ✗ No |
| Debit / ATM Card | ✓ Often yes | Some institutions | ✗ Rarely | ✗ No |
| Typical Min Deposit | $0 to $2,500 | $0 to $100 | $25 to $100 | $500 to $1,000 |
| Rate Risk | Variable, moves with Fed policy | Variable, moves with Fed policy | Variable, moves with Fed policy | None, locked for term |
| Best For | Active savers wanting flexibility + check writing | Emergency fund, short-term goals, parking cash | Everyday saving, low-balance accounts | Locking in a rate for a defined period |
APY data reflects District Of Columbia averages tracked in our database as of October 13, 2026. Rates are variable and may differ by institution. See individual product pages for full details.
District Of Columbia Money Market Account Calculator
See how much a money market account can earn you. Enter your deposit, monthly contribution, and time frame, or click any current District Of Columbia rate on the right to apply it instantly. Interest compounds monthly.
Assumes monthly compounding and a constant APY for the full period. Money market rates are variable and can change at any time, so actual earnings will differ. Estimates are for informational purposes only.
Money Market & Savings Calculators for District Of Columbia
At DC’s top money market rate of 3.75% from Transit Employees Federal Credit Union, a $10,000 deposit earns $375 annually. Enter your balance to see your exact return.
Savings Goal CalculatorA 3-month emergency fund for the median District Of Columbia earner is roughly $20,500. At 3.078% APY in a money market account, saving $1,710/month gets you there in about 12 months. Set your target and see your exact timeline.
CD vs. Liquid Deposit AccountDistrict Of Columbia’s high-yield money market average is 3.078% APY, variable, always accessible, and often with check-writing. A local CD may offer a higher fixed yield in exchange for locking in your deposit. Compare both side-by-side to find the better fit for your timeline.
Budget CalculatorBefore you can grow your savings, you need to know how much you can set aside each month. The median District Of Columbia earner makes $82,078/year. Track your income vs. expenses to find your monthly surplus, then put it to work at 3.078% APY.
Retirement PlannerA $25,000 money market balance earning 3.078% APY grows to roughly $45,844 over 20 years with compounding. See how your current savings trajectory lines up with your retirement income needs.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our District Of Columbia money market rate tables are free for consumers to use, and we do not receive payment from any financial institution to be included or to be ranked in any particular order. Listings are based solely on the rates each institution publicly advertises on its own website.
A Note on Third-Party Rate Tools: Some pages on our site also feature rate comparison widgets and tools provided by third-party partners. These tools may include sponsored listings or affiliate links, and we may receive compensation when users click through them. We clearly label these widgets so you can tell at a glance which rates come from our independent MonitorBankRates.com tables and which come from our advertising partners.
Direct-Sourced & Verified Money Market Rate Data: We aggregate money market deposit account rates for District Of Columbia directly from the official websites of banks and credit unions using our proprietary rate aggregation technology and a dedicated team of rate updaters. Every money market rate displayed on MonitorBankRates.com is highly accurate and trustworthy.
Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available yields in District Of Columbia. We feature a comprehensive mix of institutions from neighborhood credit unions and mid-sized regional banks to large national institutions available to savers in DC.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update money market rates daily. Because MMA yields can fluctuate rapidly based on market conditions, every product listed features its own specific “last updated” date, giving you complete transparency.
Frequently Asked Questions about Money Market Accounts in District Of Columbia
What is a Money Market Account (MMA)?
Are Money Market accounts in District Of Columbia safe?
How often do MMA rates change in District Of Columbia?
Can I write checks from a Money Market Account?
How much do I need to deposit to open a money market account in District Of Columbia?
Can I lose money in a Money Market Account?
What is the difference between a Money Market Account and a Money Market Fund?
Do I have to pay taxes on money market account interest?
Are online banks better than local banks in District Of Columbia for money market accounts?
Best Money Market Rates in District Of Columbia
- Transit Employees Federal Credit Union
Paramount Money Market: 3.75% APY - Presidential Bank
Commercial Money Market Advantage Checking: 3.50% APY - Citizens Bank
Citizens Private Client Money Market: 3.50% APY - U S POSTAL SERVICE
Money Market Savings: 3.30% APY - EagleBank
Eagle Money Market Account: 2.48% APY
District Of Columbia Rates & Resources
Cities in District Of Columbia
