If you’re looking for a high-yield money market account, you could take advantage of a 2.35% APY with the UltimaX Tiered Money Market Account with Farmers and Merchants Bank. The account offers a variety of impressive high-yield tiers:
- 2.52% APY - $150,000 or more
- 2.42% APY – $100,000 to $149,999.99
- 2.35% APY – $50,000 to $99,999.99
- 0.00% APY – Under $49,999.995
The minimum balance required to open the account is $50,000. If your balance falls before this amount at anytime, you will be charged a $25 maintenance fee. Here are a few other features of the account:
- Unlimited over-the-counter withdrawals
- Up to 6 preauthorized transfers, withdrawals or check withdrawals per month
The account also requires a checking account relationship and you must receive eStatements. Rates are subject to change at any time.
To open an account, you must visit a branch location.
>> See more rates from Farmers and Merchants Bank in our rate table
Other Farmers and Merchants Bank 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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