Competitive Money Market Rate Tiers at Patriot Bank in Florida

Posted in Banking , Local Banks , Money Market , Rates

Patriot Bank is offering a competitive rate on its highest tier with the Patriot Money Market Account. Here is a list of the rate tiers:


  • 1.25% APY – $100,000 and over
  • 0.50% APY – $25,000 – $99,999
  • 0.30% APY – $2,500 – $24,999
  • 0.00% APY – balances under $2,500

While the lower rates aren’t the best out there, the account does offer some reasonable perks, including the following:

  • Interest compounds daily and posts monthly
  • 6 free pre-authorized withdrawals (draft, check or POS to a third party) per statement cycle
  • Free personalized checks in selected style
  • Free EasyNet online banking
  • Free online bill pay
  • Free notary service

The minimum balance to open is $2,500. You must also maintain this amount daily or keep an average daily balance across all personal accounts of $10,000 to avoid an $11 monthly maintenance fee.

To open an account, you must live in Florida. You can open online or visit a branch location to get started.

>> Competitive Money Market Rates

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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