Money Market Account Rates Deal of the Day: Tri State Bank of Memphis at .75% APY

Posted in Banking , Local Banks , Money Market , Rates

TriState Bank of Memphis

Tennessee is a state jammed pack with temptations ranging from authentic b-b-q to late night jam sessions on Beale Street. Spare cash is needed to afford all the fun, and with a Tri State Bank of Memphis money market account rate of up to .75% APY, you can save the pocket change required.

The earning potential of the bank’s offerings are based on how much money you have to deposit. The money market tiers are:

  • Money market accounts ranging from $ 2,500 – $9,999 can earn .10% APY
  • Money market accounts ranging from $10,000 – $49,999 can earn .30% APY
  • Money market accounts ranging from $50,000 – $99,999 can earn .50% APY
  • Money market accounts starting at $100,000 or more can earn .75% APY

There are other terms that have to be met in order to qualify for earning potential including of the Money Market Preferred Account:

  • Minimum opening balance of $2,500 required
  • Minimum daily balance of $2,500 required
  • Withdrawals capped at three transactions per month
  • If withdrawals exceed monthly limit, a $5 per transaction fee will be assessed
  • Monthly fee is $12
  • FDIC insured

The Tri State Bank of Memphis was first founded in 1946 and during its history the financial institution played a pivotal role in the civil rights movements. Since the founding, the financial institution has expanded to have five branches in the city of Memphis, Tennessee.

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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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