Not too long ago we told you that Coastal Carolina National Bank was offering a competitive money market rate; however, the rate has still dropped some, though it’s still a competitive 2.00% APY for its top tier.
Here is a list of current tiers for the Premier Money Market Savings Account:
- 2.00% APY – $100,000 +
- 2.00% APY – $50,000 – $99,999.99
- 1.50% APY – $25,000 – $49,999.99
- 1.00% APY – $10,000 – $24,999.99
- 0.85% APY – $1,000 – $9,999.99
- 0.00% APY – $0 – $999.99
The good news is that the only rate that changed was on the top tier. Pretty much everything else is the same with the account, including the minimum opening deposit and daily balance, which is still $10,000.
Interest is compounded daily and credited monthly. There will be a $10 maintenance fee if the account falls below the minimum balance.
The perks of the account still include:
- 6 free withdrawals/transfers monthly
- Free online and telephone banking
- Free monthly statements
To open a Premiere Money Market Savings Account, you must visit the bank’s location in Myrtle Beach.
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.
Related Money Market Articles
- Money Market Account Rate Deal of the Day: Washington Community Federal Credit Union at 0.75% APY
- Money Market Account Rate Deal of the Day: Advantage Credit Union at 1.01% APY
- Money Market Account Rate Deal of the Day: Members First Credit Union at 0.80% APY
- Money Market Account Rate Deal of the Day: Gundersen Lutheran Credit Union at 0.85% APY
