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MONEY MARKET ACCOUNT » MMA

Posted in Banking, Local Banks, Money Market, Rates

nasb-new-albin-savings-bank-money-market

Iowa residents can take advantage of a 1.51% APY on the money market account from New Albin Savings Bank. To qualify for the rate, you must maintain a balance of $2,500 or more. If you fall below the minimum balance, your rate will drop to 0.50% APY.

To open an account, you must visit a branch location. The bank's only branch is located along the Main Street in New Albin.

>>Special Money Market Accounts

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


Posted in Banking, Credit Union, Money Market, Rates

teachers-federal-credit-union-money-markets

Teachers Federal Credit Union in New York is offering competitive tiered rates for its money market accounts:

  • 2.32% APY - $500,000 +
  • 2.06% APY - $250,000 - $499,999.99
  • 1.96% APY - $100,000 - $249,999.99
  • 1.70% APY - $50,000 - $99,999.99
  • 1.45% APY - $25,000 - $49,999.99
  • 1.20% APY - $2,500 - $24,999.99

A minimum opening deposit of $2,500 is required. If your account falls below $500, it will be charged a $5 service fee. A max of 6 draft/check withdrawals are allowed per month.

Membership is open to individuals who live or work in Suffolk County in New York. Learn more on the credit union's membership eligibility page to open an account.

>>Competitive Money Market Accounts

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


Posted in Banking, Local Banks, Money Market, Rates

Oregon residents can take advantage of a competitive 2.25% APY money market rate on balances of $150,000 or more as a bonus for opening a personal or business checking account from Bank of Oswego . Here are the standard rate tiers for the Personal Money Market Account :

  • 2.00% APY - $150,000 +
  • ...


Read Full Article: 2.25% APY Money Market Rate - Bank of Oswego

Posted in Banking, Credit Union, Money Market, Rates

Keesler Federal Credit Union in Mississippi is offering a very competitive 2.02% APY money market rate . The rate applies to accounts with balances of $2,500 or higher (if your account falls below $2,500, the rate will drop to 1.00% APY).

The money market account limits account activity to six...



Read Full Article: 2.02% APY at Keesler Federal Credit Union for Money Market Account

Posted in Banking, Local Banks, Money Market, Rates

South Carolina's Atlantic Bank and Trust is offering a competitive 2.00% APY for balances of at least $10,000 on its Money Market Account . Here are the details of the account:

  • 6 withdrawals allowed per month (3 by checking)
  • Interest compounds daily and posts monthly
  • Interest rate adjusts...


Read Full Article: 2.00% APY Money Market Account Rate Atlantic Bank and Trust

Posted in Banking, Local Banks, Money Market, Rates

Bank of Tescott in Kansas is offering a competitive 2.25% APY top tier on its Money Market Account . To receive this special money market rate, you must maintain $4,000 or more in your account.

The account's other tier, 1.00% APY, reflects an account balance of $0 - $3,999.99.

Both accounts...



Read Full Article: 2.25% APY for Money Market Account Bank of Tescott

Posted in Banking, Local Banks, Money Market, Rates

It's not easy to find money market rates over 2.00% APY, which is why the competitive 2.25% APY for $50,000 or more offered on the money market rate from Grand Bank in New Jersey is pretty exciting.

Here is the list of tiers of the personal money market account:

  • 2.25% APY - $50,000 +
  • 1.75% APY...


Read Full Article: Grand Bank in NJ Offers Competitive 2.25% APY Money Market Rate

Posted in Banking, Local Banks, Money Market, Rates

Investors Savings Bank is offers a number of competitive tiers for its Investors Edge Money Market Account . Here is a breakdown of the tiers:

  • 1.25% APY - $500,000 +
  • 1.10% APY - $200,000 - $499,999
  • 1.00% APY - $50,000 - $199,999
  • 0.40% APY - below $50,000

The minimum opening balance for this...



Read Full Article: Money Market Rate Tiers from Investors Savings Bank

Posted in Banking, Credit Union, Money Market, Rates

Georgia's Delta Community Credit Union is offering competitive tiers for its Money Market Account . Here is a breakdown of the rates:

  • 2.15% APY - $100,000.01 +
  • 2.00% APY - $50,000.01 - $100,000
  • 1.85% APY - $25,000.01 - $50,000
  • 1.75% APY - $10,000.01 - $25,000
  • 1.50% APY - $1,000 - $10,000

A few...



Read Full Article: Delta Community Credit Union Money Market Tiered Rates

Posted in Banking, Local Banks, Money Market, Rates

AmericaNet Bank is offering a very reasonable 2.00% APY on its Mega Money Market Account . The rate is applied to all daily balance average amounts up to $35,000. Any balances over this amount will earn 1.00% APY.

Here are some additional details of the account:

  • No monthly maintenance fees
  • Free...


Read Full Article: Mega Money Market Account at AmericaNet Bank Offers 2.00% APY

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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