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MONEY MARKET ACCOUNT » MMA

Posted in Banking, Credit Union, Money Market, Rates

Missouri residents can take advantage of competitive money market tiers from St. Louis Community Credit Union. The rate tiers for the money market account are as follows:

  • 1.80% APY - $50,000 or more
  • 1.65% APY - $25,000 - $49,999
  • 1.40% APY - $10,000 - $24,999
  • 1.35% APY - $1,000 - $9,999

The minimum balance requirement is $1,000. There's a limit of three withdrawals per month ($100 minimum withdrawal amount). Interest is calculated daily and credited monthly.

Membership to the credit union is open to anyone who lives or works in St. Louis City and St. Louis County in Missouri, as well as St. Clair, Madison, Monroe, and Jersey Counties in Illinois. Apply online.

>> Competitive Money Market Rate

Other Terms and Conditions may apply to this offer - please contact the financial institution to review.


Posted in Banking, Local Banks, Money Market, Rates

Florida residents can take advantage a competitive set of money market tiers from Broward Bank of Commerce. The rate tiers are as follows:

  • 2.50% APY - $1,000,000 or more
  • 2.35% APY - $500,000 - $999,999.99
  • 2.00% APY - $10,000 - $499,999.99
  • 1.25% APY - $5,000 - $9,999.99

This account requires a minimum $5,000 opening deposit. Here are a few additional details of the account:

  • Free online banking and bill pay
  • Free check card/ATM card
  • Free personalized checks
  • Free notary service
  • 6 withdrawals allowed per month ($10 fee per additional withdrawal)
  • $15 service fee if account drops below $5,000

To open an account, visit branch located in Fort Lauderdale, Florida.

>> Money Market Account Deals

Other Terms and Conditions may apply to this offer - please contact the financial institution to review.


Posted in Banking, Credit Union, Money Market, Rates

The Platinum Money Market Account from Pioneer West Virginia Federal Credit Union offers customers 1.85% APY . The FCU is also advertising reasonable rates for two other money market accounts:

  • Founders Money Market - 1.70% APY
  • Money Market - 1.60% APY

All of the money market accounts require a...



Read Full Article: Pioneer West Virginia FCU Offers 1.85% APY Money Market Rate

Posted in Banking, Local Banks, Money Market, Rates

A reasonable 1.71% APY money market rate is being offered at Bar Harbor Savings and Loan . The account requires $2,500 to open, as well as maintain the competitive rate. If the balance falls below this amount, the rate will drop to 1.00% APY.

Bar Harbor Savings and Loan serves customers in the...



Read Full Article: Bar Harbor Savings and Loan in Maine Offers 1.71% APY Money Market Account

Posted in Banking, Local Banks, Money Market, Rates

state-bank-and-trust-company

Georgia residents can take advantage of a competitive 2.25% APY on the Consumer Money Market Account from State Bank and Trust . There are two tiers for this account:

  • 2.25% APY on balances of $2,500 or higher
  • 0.50% APY on balances below $2.500

Your account will be charged a $5 monthly service...



Read Full Article: State Bank and Trust Company Offers Competitive 2.25% APY Money Market Rate

Posted in Banking, Local Banks, Money Market, Rates

Take advantage of 1.75% APY on the Max-Elite Money Market Account from AztecAmerica Bank . The rate is guaranteed for six months and requires a minimum balance of $25,000.

Some other details of the account include:

  • $35 fee if minimum balance is not maintained
  • Transaction limits may apply
  • FDIC...


Read Full Article: AztecAmerica Bank in Illinois Offers 1.75% APY Money Market Rate

Posted in Banking, Local Banks, Money Market, Rates

Union Federal Savings Bank (UFSB) offers 1.80% APY on its money market rate after fluctuating some over the past few months. Here are some details of the money market account :

  • No monthly fees
  • No check writing allowed
  • 6 withdrawals allowed per cycle
  • Unlimited withdrawals and transfers

A minimum...



Read Full Article: Money Market Rate 1.80% APY at Union Federal Savings Bank (UFSB)

Posted in Banking, Credit Union, Money Market, Rates

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Looking for competitive money market rates? Connexus Credit Union is offering reasonable tiers for its Y.E.S. Money Market Account :

  • 2.25% APY - $100,000 +
  • 2.00% APY - $50,000 $99,999
  • 1.90% APY - $20,000 - $49,999
  • 1.75% APY - $10,000 - $19,999
  • 1.50% APY - $1,000 $9,999

Minimum balance of...



Read Full Article: Connexus Credit Union Competitive Money Market Tiered Rates

Posted in Banking, Money Market, Online Banks, Rates

BankOn , the Internet bank recently launched by Pinnacle Bank of Nebraska, is offering a competitive 2.05% APY on its BankOn Money Market Savings Account with a $50 bonus for opening . To open the money market account, you must also open a BankOn Checking Account , which requires a $100 opening...



Read Full Article: 2.05% APY Money Market with $50 Bonus at BankOn

Posted in Banking, Credit Union, Money Market, Rates

East Idaho Credit Union is offering members 1.75% APY on its Insured Money Market Savings Account . The complete list of tiers for the account are as follows:

  • 1.75% APY - $75,000 +
  • 1.25% APY - $25,000 - $74,999.99
  • 1.00% APY - $2,500 - $24,999.99

There is no minimum balance required to maintain...



Read Full Article: 1.75% Money Market Rate at East Idaho Credit Union

Learn More About Money Markets Accounts

Money market accounts are similar to checking accounts, but they allow consumers the opportunity to make returns on deposited money. They are often compared to mutual funds; however, they are considered safer because they keep share prices at $1.

Money market accounts can be acquired through almost any local financial institution. As with checking accounts, opening money market accounts give you immediate and regular access to your funds through a checkbook. Also, they require no minimum transaction amount and allow for fast and easy cash deposits.

Once you invest in a money market account, a money manager will take your cash then invest it in t-bills, bonds, CDs, commercial papers or mutual funds. After interest is earned on your investment, the manager pays you your portion of the earnings. Unlike CDs that have interest rates that mature over time, money market accounts require additional deposits to benefit from higher interest returns.

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