Money Market Account


Check-writing convenience coupled with competitive money market interest rates is a significant benefit to those who choose our personal insured money market account. Called IMMA, for short, this variable rate account also features:

  • Unlimited withdrawals if made in person, at an ATM, or when linked to automatic payments on a Chemung Canal loan
  • Minimum $2,500 deposit and daily balance earns money market account interest rate
  • Daily balance between $1,000 and $2,500 earns NOW account interest rate
  • No interest paid on daily balances below $1,000
  • Six checks per month
  • Monthly statements, e-statements available 

Like all money market accounts, the interest rate is variable and can change after the account is opened. Fees can reduce account earnings.

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