Amplify Money Market
Up to $19MM* insured, all in one account.
Extended deposit insurance at no cost to you.
How It Works
Receive extended deposit insurance up to $19 million through Truliant's Amplify Money Market account. Funds more than standard insurance limits are automatically distributed in $250,000 increments across participating credit unions to provide additional coverage.
You'll manage everything through your Truliant account. Easily view your full balance, make deposits, withdrawals or transfers, you can do it all through your Truliant Amplify Money Market account in online banking.
Best of all, there's no cost to you. Truliant handles the entire process behind the scenes, making it simple to access extended insurance coverage with the convenience of a single account.
Who It's For
- Businesses and commercial entities
- Nonprofits
- Executives and high-net-worth households
- Existing Truliant members with large uninsured balances
- Consumers who have high deposit balances elsewhere
Earn up to $2,0001 just by opening an Amplify Money Market account.
A qualifying deposit needs to be made into a Truliant Extended Insurance Account between June 1, 2026 and July 31, 2026. Within 45 days of account opening, $250,000+ in funds not already on deposit at Truliant is transferred to the Truliant Extended Insurance Account. The qualifying new money must be maintained in the account for 90 days from account opening.
FAQs
Yes. Each individual Amplify Money Market account is insured up to the maximum amount covered.
See the rate here.
Opening an extended insurance account with Truliant is simple and hassle-free. Just visit a branch or schedule an appointment at a branch. In most cases, our efficient process allows your account to be opened and funded the same day.
Suppose you have $1 million that you want to safeguard and earn interest on. You can achieve this by depositing the full amount with Truliant through an Amplify Money Market account. The money is then distributed into smaller portions and placed in demand deposit accounts at various credit unions within the network. The first $250,000 will be allocated to Truliant, another $250,000 to Credit Union 2, an additional $250,000 to Credit Union 3, and the remaining $250,000 to Credit Union 4. All of these credit unions are partnered with the ModernFi Network. This allocation helps ensure that each dollar is covered by NCUA share insurance, in an amount up to the maximum of $250,000 per share owner per credit union.
Using this extended insurance account eliminates the need to keep track of multiple accounts at various credit unions. Additionally, the Amplify Money Market account interest rate is competitive, making it a compelling choice for individuals and businesses with substantial cash reserves.
ModernFi is a network of credit unions that Truliant has joined to help better protect your balances by distributing funds across partner credit unions to offer extended NCUA share insurance.
You control the account just like a regular transaction account. You can deposit, withdraw, or transfer funds at any time through our Truliant online banking platform or app. Truliant and ModernFi manage and oversee your allocation, ensuring funds are distributed to demand deposit accounts within the network.
Extended insurance accounts offer a high degree of security for your deposits, using NCUA insurance to safeguard funds up to $250,000 per member at each participating credit union. This protection extends even in the event of a participating credit union’s failure, ensuring the continued safety of your deposits. Since the inception of the National Credit Union Share Insurance Fund in 1970, no member has lost NCUA-insured funds due to a credit union's failure. All accounts at NCUA-insured credit unions are covered on a dollar-for-dollar basis, encompassing principal plus any interest accrued.
In the unlikely event a credit union fails, the NCUA assumes the responsibility of closing the credit union, receives its assets, and settles all deposit claims. Truliant works with ModernFi to file all required materials with the NCUA to coordinate the receipt of your funds from the failed institution. Payment starts within a few business days after the credit union closure. For more information, visit the NCUA website.
ModernFi partners with credit unions in good standing with regulators and compliant with all Anti-Money Laundering and Know Your Customer requirements. ModernFi only places deposits at US-based NCUA-insured credit unions that are monitored by a U.S. federal or state governmental agency responsible for the supervision of financial institutions. Truliant maintains complete control over the credit unions that can receive your funds. Furthermore, you and Truliant always have full transparency into the allocation of your funds.
* Insurance provided through program credit unions (subject to certain conditions).
1) Applicable only to Qualifying Deposits. To be a Qualifying Deposit:
- Qualifying Deposit must be into a Truliant Extended Insurance Account opened between 6/1/26–7/31/26.
- Within 45 days of account opening, $250,000+ in Qualifying New Money (funds not already on deposit at Truliant) is transferred to the Truliant Extended Insurance Account.
- Qualifying New Money must be maintained in the Truliant Extended Insurance Account for 90 days from account opening; following the 90-day period, the bonus will be credited to the Truliant Extended Insurance Account within 40 days.
Bonus payments may be reported as taxable income. Recipients are responsible for any tax obligations associated with this offer. Consult a tax advisor with questions regarding your individual tax situation.
Funds participating in the Truliant Federal Credit Union Extended Insurance Account are deposited into accounts at participating credit unions, which are insured by the National Credit Union Administration (NCUA) for up to $250,000 for each category of legal ownership, including any other balances you may hold directly or through other intermediaries, including broker-dealers. The total amount of NCUA insurance for your account depends on the number of credit unions in the program. If the balance in your account is greater than the NCUA insurance coverage in the program, any excess funds will not be insured. Please read the Program Terms and Conditions carefully before depositing money into the program and for other important customer disclosures and information. To assure your NCUA coverage, please regularly review credit unions in which your funds have been deposited and notify Truliant Federal Credit Union immediately if you do not want to allocate funds to a particular credit union or credit unions.