Urban Trust Bank is offering 1.55% APY with its Urban Select Money Market program. The rate tiers for the program are as follows:
- 1.55% APY - balances of $50,000 or more
- 1.45% APY - $10,000 - $49,999.99
- 1.35% APY - $2,500 - $9,999.99
Account requires $1,000 to open and $5,000 to avoid monthly fee of $20. There's a limit of six withdrawals and transfers per month (each transaction thereafter will be charged $5). Electronic statements are available.
Branches are located in Florida, Maryland, and Washington D.C.
Other Terms and Conditions may apply to this offer - please contact the financial institution to review.
