Local New Jersey Bank, Grand Bank N.A. has lowered their interest rates on personal money market accounts to a still competitive 1.75% APY. A minimum deposit of $50,000 is required to qualify for the highest money market interest rate offered by Grand Bank. Additional terms include:
- APY quote “assumes interest remains on deposit”
- FDIC insured to $250,000
APY structure is tiered as follows:
- $2,500 to 9,999.99 0.50% 0.50%
- $10,000 to $24,999.99 0.50% 0.50%
- $25,000 to $49,999.99 1.29% 1.30%
- $50,000 or more 1.73% 1.75%
Grand Bank in New Jersey is a fairly new addition to the banking scene. The financial institution history dates back to March 1, 2002. They are headquartered at 1 Edinburg Road, Hamilton, New Jersey.
>>Money Market Account 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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