Earn Up To a .40 % APY With A First Convenience Bank Money Market Account

Posted in Banking , Local Banks , Money Market , Rates

1stconvenience


Since 1901, the First Convenience Bank has been committed to serving the local communities in Texas. This particular offshoot of the First National Bank Texas has 213 locations throughout the state. Locals to any of the branches are invited to complete an application for money market account online, and based on your deposit amount, you can earn a .40% APY. Not only does the First Convenience Bank’s top money market account offer a rate of return, but there are check-writing privileges as well.

This is a tiered rate account based on daily deposit averages with the following APY rate distribution:

  • $0.01 – $2,499.99                                 0.05%
  • $2,500.00 – $24,999.99                     0.15%
  • $25,000.00 – $49,999.99                  0.30%
  • $50,000 +                                              0.40%
Additional terms to qualify for First Convenience Bank’s best money market account rates include:
  • Complimentary online banking including e-statements
  • Interest compounded daily and paid on a monthly basis
  • Minimum opening balance amount of $1
  • The minimum daily balance to earn this money market account rate is $2,500
  • A monthly fee of  $11.97 will be assessed if the daily balance is not met
  • Six complimentary debit transaction fees per month, the seventh will incur a $5 penalty
  • FDIC insured

>>Money Market Checking Accounts

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.


  • 0 Comments
  • | Share

Leave a Reply

Best Banking Rates

Featured Rate
Ally Bank
Ally Bank Open Account with Ally Bank
1.15%
Date: Feb 6, 2012
2-Year CD Rate
Highest Rates Recent Rate Changes
G.I.C. Credit Union 2 Year CD Account
2.25%
Date: Feb 8, 2012
Self Reliance (Ny) Credit Union 2 Year CD Account
2.07%
Date: Feb 1, 2012
Houston Police Credit Union Savings Account
2.02%
Date: Feb 10, 2012
Genco Credit Union 2 Year CD Account
1.21% to
1.15%
Date: Feb 13, 2012
Members Choice Wv Credit Union 2 Year CD Account
1.05% to
1.10%
Date: Feb 13, 2012
Coreplus Credit Union 2 Year CD Account
0.85% to
1.00%
Date: Feb 13, 2012
 
AdSpeed – GBR – Default – Articles – RR2 Financial Resources Right Rail