Money Market Rates Lower at Greystone Bank

The money market rates at Greystone Bank have dropped a bit since we lasted reported on them in June. Here is an updated of the bank’s money market rates:

• o.75% APY – $25,000 to $49,999
• 1.26% APY – $50,000–$99,999
• 1.51% APY – $100,000-$749,999
• 1.77% APY – $750,000 and above

While the rates on the account have dropped, the details remain the same:

• Additional deposits may be made
• Interest is compounded daily and credited to the account
• Tiered interest rates apply; the more you deposit, the more interest you earn
• Service charges apply if the balance drops below $25,000

Government Restrictions

• Up to six withdrawals or transfers allowed each month (3 may be by check)
• After three electronic withdrawals in a month, there is a charge for each additional electronic transfer
• If more than six withdrawals are made in a month, the account may convert to a non-interest bearing account

The minimum deposit is $25,000 to get you started. You can apply online by filling out the application, printing it and faxing it to the bank.

>> Competitive Money Market 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.