Earn at least .25% APY with an OmniAmerican Bank Money Market Account

Posted in Banking , Local Banks , Money Market , Rates

Are you looking for an account that generates a bit more interest the current national average? OmniAmerican Bank’s money market accounts earning potential is tiered and the interest is compounded monthly and paid monthly.

The money market account interest tiers and earning potential are:

  • $0-$2,499.99 will earn a .25% APY
  • $2,500-$19,999.99 will earn a .50% APY
  • $20,000-$49,999.99 will earn a .75% APY
  • $50,000-$99,999,99 will earn an 1.00% APY
  • $100,000-$499,999.99 will earn an 1.00% APY
  • Balances starting at and exceeding $500,000 will qualify for the best money market account rate of 1.25%

Aside from the tiered deposit limits, there are additional obligations account holders should be aware of such as:

  • Minimum opening balance of $1,000 is required
  • Average daily balance of $2,500 or more is required to have monthly service fee waived
  • If minimum is not met a $10 monthly maintenance fee will apply
  • Withdrawals capped at three per month
  • If depositor exceeds withdrawal limit, each additional transaction will result in a $12 penalty
  • Complimentary online banking
  • FDIC insured

OmniAmerican Bank has dozens of locations throughout Texas. The financial institution has branches in Arlington (North and South), Cityview, Cleburne, Flower Mound, Granbury, Grapevine, H.E.B., Las Colinas, Medical District, NAS/JBR FW, Polytechnic Heights, University Center, Watauga, Weatherford and White Settlement.

>> Top Money Market 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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