Top Money Market Account Rate: Cache Bank and Trust Offers .55% APY

Posted in Banking , Local Banks , Money Market , Rates

Are you looking for a safe and secure place to hide and store your extra cash? Cache Bank and Trust can easily help you with that task. The financial institution has plenty of financial products for consumers to take advantage of, and one such option is a money market account.

The obligations to open a money market account through Cache Bank and Trust are easy and include:

  • Minimum balance of $2,500 required to avoid monthly maintenance fees
  • Customers allowed six monthly money market account withdrawals
  • Money market account interest is compounded and credited monthly
  • FDIC insured

In general, money market accounts have similar behaviors as traditional savings account, but the money market interest rates tend to be higher. The top money market interest rates from Cache Bank and Trust are based on tiered level of deposits and are:

  • Money market accounts from $01 to $9,999.99 can earn a .15% APY
  • Money market accounts from $10,000.00 to $24,999.99 can earn a .25% APY
  • Money market accounts from $25,000.00 to $99,999.99 can earn a .35% APY
  • Money market account balances beginning at $100,000.00 and up can earn a .55%

Locally owned and based Cache Bank and Trust has five locations throughout the Colorado metro markets of Greeley, Fort Collins and Denver.

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Other Terms and Conditions may apply. Additionally, rates may have changed since this offer was posted. Please contact the financial institution for the most recent rate updates and to review the terms of the offer.

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